A Study on Lebanon’s Competitive Knowledge-Based Economy, Relative Strengths, and Shortcomings

<p dir="ltr">Lebanon faces several social, political, and economic challenges delaying the efforts to develop a sustainable economy and inclusive society. The advancement of the knowledge economy is critical to the future economic prosperity of Lebanon. This paper aims to scrutinize...

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Main Author: Tarek Ben Hassen (15742605) (author)
Published: 2024
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author Tarek Ben Hassen (15742605)
author_facet Tarek Ben Hassen (15742605)
author_role author
dc.creator.none.fl_str_mv Tarek Ben Hassen (15742605)
dc.date.none.fl_str_mv 2024-01-04T03:00:00Z
dc.identifier.none.fl_str_mv 10.1007/s13132-023-01644-8
dc.relation.none.fl_str_mv https://figshare.com/articles/journal_contribution/A_Study_on_Lebanon_s_Competitive_Knowledge-Based_Economy_Relative_Strengths_and_Shortcomings/24998600
dc.rights.none.fl_str_mv CC BY 4.0
info:eu-repo/semantics/openAccess
dc.subject.none.fl_str_mv Commerce, management, tourism and services
Strategy, management and organisational behaviour
Economics
Applied economics
Education
Education policy, sociology and philosophy
Knowledge-based economy
Education
Innovation
Entrepreneurship
Economic and institutional regime
Lebanon
dc.title.none.fl_str_mv A Study on Lebanon’s Competitive Knowledge-Based Economy, Relative Strengths, and Shortcomings
dc.type.none.fl_str_mv Text
Journal contribution
info:eu-repo/semantics/publishedVersion
text
contribution to journal
description <p dir="ltr">Lebanon faces several social, political, and economic challenges delaying the efforts to develop a sustainable economy and inclusive society. The advancement of the knowledge economy is critical to the future economic prosperity of Lebanon. This paper aims to scrutinize the state of the knowledge-based economy in Lebanon, focusing on five pillars, such as education and human capital, entrepreneurship, innovation system, economic and institutional regime, and information and communications technology (ICT), and to present recommendations for future action. The methodology is based on semi-structured face-to-face and phone interviews with stakeholders using two questionnaires. The paper finds that the process of transitioning towards a knowledge-based economy in Lebanon is influenced by two contrasting factors: the education system and the entrepreneurship culture, on the one hand, and the country’s political turmoil, on the other. Indeed, moving toward a knowledge-based economy in Lebanon is supported by its highly qualified and multilingual human resources, which is an outcome of the reliable educational system and reinforced by a robust entrepreneurial spirit. However, several issues, such as weak ICT infrastructure, incompetent public institutions, and the brain drain, hinder the transition to a knowledge-based economy. These results help clarify and critically analyze the present state of the knowledge-based economy in Lebanon, which has various policy implications.</p><h2>Other Information</h2><p dir="ltr">Published in: Journal of the Knowledge Economy<br>License: <a href="https://creativecommons.org/licenses/by/4.0" target="_blank">https://creativecommons.org/licenses/by/4.0</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1007/s13132-023-01644-8" target="_blank">https://dx.doi.org/10.1007/s13132-023-01644-8</a></p>
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identifier_str_mv 10.1007/s13132-023-01644-8
network_acronym_str Manara2
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oai_identifier_str oai:figshare.com:article/24998600
publishDate 2024
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spelling A Study on Lebanon’s Competitive Knowledge-Based Economy, Relative Strengths, and ShortcomingsTarek Ben Hassen (15742605)Commerce, management, tourism and servicesStrategy, management and organisational behaviourEconomicsApplied economicsEducationEducation policy, sociology and philosophyKnowledge-based economyEducationInnovationEntrepreneurshipEconomic and institutional regimeLebanon<p dir="ltr">Lebanon faces several social, political, and economic challenges delaying the efforts to develop a sustainable economy and inclusive society. The advancement of the knowledge economy is critical to the future economic prosperity of Lebanon. This paper aims to scrutinize the state of the knowledge-based economy in Lebanon, focusing on five pillars, such as education and human capital, entrepreneurship, innovation system, economic and institutional regime, and information and communications technology (ICT), and to present recommendations for future action. The methodology is based on semi-structured face-to-face and phone interviews with stakeholders using two questionnaires. The paper finds that the process of transitioning towards a knowledge-based economy in Lebanon is influenced by two contrasting factors: the education system and the entrepreneurship culture, on the one hand, and the country’s political turmoil, on the other. Indeed, moving toward a knowledge-based economy in Lebanon is supported by its highly qualified and multilingual human resources, which is an outcome of the reliable educational system and reinforced by a robust entrepreneurial spirit. However, several issues, such as weak ICT infrastructure, incompetent public institutions, and the brain drain, hinder the transition to a knowledge-based economy. These results help clarify and critically analyze the present state of the knowledge-based economy in Lebanon, which has various policy implications.</p><h2>Other Information</h2><p dir="ltr">Published in: Journal of the Knowledge Economy<br>License: <a href="https://creativecommons.org/licenses/by/4.0" target="_blank">https://creativecommons.org/licenses/by/4.0</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1007/s13132-023-01644-8" target="_blank">https://dx.doi.org/10.1007/s13132-023-01644-8</a></p>2024-01-04T03:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.1007/s13132-023-01644-8https://figshare.com/articles/journal_contribution/A_Study_on_Lebanon_s_Competitive_Knowledge-Based_Economy_Relative_Strengths_and_Shortcomings/24998600CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/249986002024-01-04T03:00:00Z
spellingShingle A Study on Lebanon’s Competitive Knowledge-Based Economy, Relative Strengths, and Shortcomings
Tarek Ben Hassen (15742605)
Commerce, management, tourism and services
Strategy, management and organisational behaviour
Economics
Applied economics
Education
Education policy, sociology and philosophy
Knowledge-based economy
Education
Innovation
Entrepreneurship
Economic and institutional regime
Lebanon
status_str publishedVersion
title A Study on Lebanon’s Competitive Knowledge-Based Economy, Relative Strengths, and Shortcomings
title_full A Study on Lebanon’s Competitive Knowledge-Based Economy, Relative Strengths, and Shortcomings
title_fullStr A Study on Lebanon’s Competitive Knowledge-Based Economy, Relative Strengths, and Shortcomings
title_full_unstemmed A Study on Lebanon’s Competitive Knowledge-Based Economy, Relative Strengths, and Shortcomings
title_short A Study on Lebanon’s Competitive Knowledge-Based Economy, Relative Strengths, and Shortcomings
title_sort A Study on Lebanon’s Competitive Knowledge-Based Economy, Relative Strengths, and Shortcomings
topic Commerce, management, tourism and services
Strategy, management and organisational behaviour
Economics
Applied economics
Education
Education policy, sociology and philosophy
Knowledge-based economy
Education
Innovation
Entrepreneurship
Economic and institutional regime
Lebanon