Interrogating the Interconnection between Sustainable Development and Knowledge-based Economy
Keywords:
knowledge economy; sectoral linkages; ICT; sustainable development; self-employment; fourth industrial revolution technologies.Abstract
The two expressions, sustainable development and knowledge- based
economy are concepts that have all along been used and treated as if they
are mutually exclusive. However, the truth is that the two concepts are
intractable one from the other. Rather, they are, as a matter of fact, a
sine qua non for each other. This is simply so because it takes intellectual
capital or ‘’knowledge’’ for any form of development, whether social or
technological, not only to reproduce itself but also in or it to grow and
expand into the future without any compromises to its form, quality or
status. This paper sets out to interrogate this relationship between the
two concepts, demonstrating how it is only when they feed into each other
that real and meaningful development takes place. The interest in the
paper arises out of the understanding that the sustainable development
that is a product of the interplay between it and the knowledge economy
is the answer to the contemporary problem of acute unemployment
because, when correctly contextualized, the knowledge economy equips
the individual not only to look for a job but also to apply their knowledge
to earn a living through forging a niche in the economy through selfemployment. At this point when there is widespread unemployment
virtually the world over, but more especially in the developing countries and Botswana is no exception, a topic that promises to significantly
increase the opportunities for self-employment must attract the attention
of all and sundry. And finally, BA ISAGO University has established a
Research and Innovation Unit. The innovation section is the strongest
indication that the University has taken a pioneering and bold stand to
commercialize research outputs. It is in that space that the knowledge
economy will find its utmost application.