Abstract
The digital economy is identified with the 4th industrial revolution reflecting the importance of the digital technologies for development. In particular, the 4th industrial revolution holds prospect for developing countries to benefit from new opportunities brought by the new digital technologies spurring knowledge creation, innovation, skill intensification of the work-force and productivity enhancement. Economic development is a process of structural transformation that requires knowledge creation, knowledge sharing and knowledge acquisition. Digital technologies facilitate access to global markets allowing developing countries taking advantage of the information age to strengthen knowledge creation, innovation diffusion and information dissemination. Education plays critical role in building capacity for development in the digital economy. Participation in the digital economy requires new managerial and technical skills to stimulate technological learning and facilitate cooperation and collaboration. Education increases the country stock of capital essential for building capacity for innovation and supporting sustainable development. In other words, education drives knowledge creation, technological breakthrough and new product development. This paper focuses on the role that education plays in strengthening the fundamentals for digital economy. In most Arab countries, development is factor-driven -- dependent largely on natural resources and labor. This paper examines the contribution of education to development in the era of the 4th industrial revolution.
Publisher
Blue Eyes Intelligence Engineering and Sciences Engineering and Sciences Publication - BEIESP
Subject
Computer Science Applications,General Engineering,Environmental Engineering
Cited by
3 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献