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Strategic Fundamentals of Knowledge and Information Management for Social and Economic Growth in Sub-Saharan African Countries
Abstract
This article critically analyzes the 10 fundamental pillars requisite for positive progression and creation of a knowledge society for socio-economic development in African countries. These pillars or basic rules, fundamental variables, and structures are identified based on the conceptualization of the key principles of knowledge management. The author asserts the transition to a knowledge society requires making investments and managing knowledge competently at the diverse micro-and-macro organizational levels within countries and even regions. However, doing so requires concurrent adherence to the rules and structures of knowledge management which form the fundamental pillars. The first part presents an empirical econometric analysis of knowledge-productivity nexus as an exposition of knowledge as a factor of production and national productivity. The second part presents a logical argumentation of the 10 fundamental pillars, supported by African regional and individual country data. This research then concludes by pointing out the 10 fundamental pillars in their extant state are inadequate and dysfunctional in most of the African countries and, therefore, socio-economic development efforts and resource allocation need to focus on nurturing and strengthening these pillars for the goal of transitioning to a high productivity and wealth creating knowledge society.
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