Knowledge-Based Economy in Argentina, Costa Rica and Mexico: A Comparative Analysis from the Bio-Economy Perspective

The objective of this article is to determine the necessary institutional characteristics of technology and human capital in Argentina, Costa Rica and Mexico in order to evolve towards a knowledge-based economy, addressing the importance of institutions for their development. In particular, the know...

Full description

Saved in:
Bibliographic Details
Published in:Management dynamics in the knowledge economy 2015-06, Vol.3 (2), p.213-236
Main Authors: MUNGARAY-MOCTEZUMA, Ana Bárbara, PEREZ-NUÑEZ, Sylvia Monica, Lopez-Leyva, Santos
Format: Article
Language:English
Subjects:
Agricultural production
Agriculture
Analysis
Biotechnology
Communication
Communications technology
Comparative studies
Developing countries
Economic growth
Economy
Education
Food
GDP
Genetic engineering
Genetically modified organisms
Gross Domestic Product
Higher education
Human capital
Human resources
Inequality
Information technology
Innovations
International organizations
Knowledge
Knowledge economy
LDCs
Organisms
Private enterprise
Public policy
Renewable resources
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:The objective of this article is to determine the necessary institutional characteristics of technology and human capital in Argentina, Costa Rica and Mexico in order to evolve towards a knowledge-based economy, addressing the importance of institutions for their development. In particular, the knowledge-based economy is analyzed from the perspective of bio-economics. Based on the Knowledge Economy Index (KEI) which considers 148 indicators, in the following categories: a) economic performance and institutional regime; b) education and human resources, c)innovation, and d) information and communication technologies, we selected 13 indicators. We aim to identify the strengths and opportunities for these countries in order to meet the challenges that arise from the paradoxes of technological progress and globalization. In this sense, bio-economy is approached as part of the economy.This analysis shows, among other things, that Argentina has greater potential to compete in an economy sustained in the creation and dissemination of knowledge,while Costa Rica has an institutional and regulatory environment that is more conducive to the development of business activities, and Mexico faces significant challenges regarding its institutional structure, economic performance and human resources.
ISSN:2392-8042
2286-2668
2392-8042