American Journal of Economics and Business Administration

A Blueprint for a Knowledge Bourse, a Financial Innovation for an Information Age

Osama S. Tayyeb, Isam Yahia Al-Filali and Giulio M. Gallarotti

DOI : 10.3844/ajebasp.2015.139.159

American Journal of Economics and Business Administration

Volume 7, Issue 4

Pages 139-159

Abstract

The world economy is in the midst of the next stage of its evolution, one that operates robustly in the framework of an information age. The idea of a “knowledge or information society” has become a benchmark of economic policies and business practices in both developed and developing nations. Many nations have firmly set their sights on transitioning to knowledge economies, as reflected in the vast investments in information technologies and related economic aspects across countries. This article proposes a model for the development of a financial innovation that would vigorously promote such a transition: A Knowledge Bourse.

Copyright

© 2015 Osama S. Tayyeb, Isam Yahia Al-Filali and Giulio M. Gallarotti. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.