Capitalizing the Knowledge Economy of Developing Nations

Capitalizing the Knowledge Economy of Developing Nations

John S.C. Afele (International Program for Africa, Canada)
Copyright: © 2003 |Pages: 9
DOI: 10.4018/978-1-59140-039-4.ch007
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Abstract

Teleconnectivity and knowledge for development philosophy needs a companion—a knowledge trust fund—that would secure the necessary technical, financial, and human resources to facilitate the identification of ideas and their translation into the desirable outputs. Such a knowledge fund could aim to amalgamate fund and knowledge sources to maximize knowledge gain, enable crosscutting research, effect cost sharing, and reduce budgets while engaging in holistic research for sustainable development in the wake of inadequate development funds.

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