This is the fifth of the series. I haven’t been writing in the past days – thanks to a combination of a lot of work and winter blues. But there are tons of things to write about. Until I have completed those things, I give you another filler.
UNESCO recently produced a report which gives the current state of science around the world. The goal is to “decipher the trends that are shaping our rapidly changing world.”
The report is too long for this blog. I would like to write a more lengthy post in the near future about it but for now, I think this will suffice. The report is free to download from here.
The table below is a comparison of the Knowledge Economy Index (KEI) and the Knowledge Index (KI) of countries in Southeast Asia, the USA, and of the top 5 countries. I didn’t use the one in the report because there is a more recent file in the Knowledge for Development (K4D) website.
The numbers in red at the second column are year 2000 rankings. The Islands’ ranking dropped by 10 from 2000 to a total of 16 from 1995. The 5 countries on top seem to be just exchanging rankings (note that except for the Netherlands, they are Nordic countries) while China and Viet Nam are moving up.
What do these numbers mean? Here is a diagram to explain where they got these numbers.
Furthermore, here is the definition of the Knowledge Index and Knowledge Economy Index from Knowledge Assessment Methodology (KAM) of the Worldbank (click here for their website):
The KAM Knowledge Index (KI) measures a country’s ability to generate, adopt and diffuse knowledge. This is an indication of overall potential of knowledge development in a given country. Methodologically, the KI is the simple average of the normalized performance scores of a country or region on the key variables in three Knowledge Economy pillars – education and human resources, the innovation system and information and communication technology (ICT).
The Knowledge Economy Index (KEI) takes into account whether the environment is conducive for knowledge to be used effectively for economic development. It is an aggregate index that represents the overall level of development of a country or region towards the Knowledge Economy. The KEI is calculated based on the average of the normalized performance scores of a country or region on all 4 pillars related to the knowledge economy – economic incentive and institutional regime, education and human resources, the innovation system and ICT.