Analysis of the impact of the knowledge index affecting economic development A case study of Iraq

Abstract

The knowledge economy is a new branch of economic science, as it is based mainly on the results and effects of the information and communications technology revolution, whose effects exceed the innovations that humanity has previously accomplished throughout its history.

The research aims to analyze the role of the knowledge economy index in providing opportunities for all members of society, which pushes towards developing their spirit of creativity and innovation and diversifying their sources of income.

      This economy is based on a new, deeper understanding of the role of knowledge to drive economic development and progress of society, in addition to being a real generator of wealth. The importance of the research comes according to the following premises:

1-Dealing with an important and vital topic that constitutes a cornerstone of the post-industrial world.

2-The applied theoretical approach in studying the effects of this economy on growth and development opportunities in Iraq through the use of knowledge.

        One of the most important results of the research is the existence of a direct relationship between the score of the indicators (X) and the gross domestic product (GPD), meaning that increasing the score of the indicators by one unit leads to an increase in the GDP by (2.23). The most important recommendations are to develop mechanisms in order to overcome The challenges facing the transition towards a knowledge economy, including those related to cultural and social factors, including institutional incentives and capabilities.