Knowledge economy indicators & technology balance of payments project: literature review & project scoping
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The literature review firstly investigates the dynamics of a knowledge-based economy. Secondly, knowledge economy indicators (KEIs) are investigated i.e. the importance of KEIs, theoretical and methodological considerations, data sources, international best practice examples, as well as policy and future development considerations. Thirdly, the technology balance of payment (TBOP) is discussed with regard to its importance in a knowledge-based economy and within the South African context. Methods and limitations are also included. The last section of the report presents the scoping plan for the development of the project. The annexure includes more details on the best practice examples discussed and the preliminary indicator list.