(zawya.com): The new buzzword now is aspiring to transform traditional manufacturing and service economies to "knowledge based" ones. The fever has caught on to natural resource endowed economies, which see some aspiring to diversify their single resource economic base. However, simply stating that a country is moving toward a knowledge-based economic foundation and structure is easier said then done, as educational, bureaucratic and social inertia can be insurmountable obstacles. How these are willingly changed and accepted by the population at large is a critical factor for success.
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