The Role of Knowledge Economy in Sustainable Development: Selected models

Abstract

The current study aimed to determine the role of the knowledge economy in achieving international sustainable development. To achieve this goal, the researcher returned to many international reports and indicators for a number of countries in the world. The sample of countries was chosen based on the ranking of countries on the knowledge economy index in the year (2022). The researcher chose the countries The 15 highest-ranked countries, the 15 middle-ranked countries, and the 15 lowest-ranked countries. The researcher studied the sustainable development index for these countries, then studied the correlation between the knowledge economy and sustainable development indicators in general for the selected countries. The researcher also studied the ability of the knowledge economy to predict sustainable development. Other variables addressed in the current study within the framework of the knowledge economy and sustainable development, such as innovation and renewable energy generation. The study showed many results centered around the existence of a strong and direct correlation between sustainable development and the knowledge economy, and the possibility of predicting the state of sustainable development through the knowledge economy index.