A Framework for New Economy Statistics

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A Framework for New Economy Statistics

• Fred Gault

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Outline

• Systems approach
• Knowledge
• Frameworks
• Discussion

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Systems approach

• Actors
• Activities
• Linkages
• Outcomes
• Impacts

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Systems approach

• Actors
• Firms, public institutions, households
• Activities
• Economic System of National Accounts (SNA)
• Knowledge-based Emerging framework
• Knowledge creation, transmission and Use
• (David and Foray)

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Systems approach

• Linkages
• Economic flows Investment, FDI
• Knowledge flows Training, conferences
• Outcomes
• Economic Value added
• Knowledge Skill level change

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Systems approach

• Impacts on
• Quality of life
• Sustainable growth
• Knowledge generation and Use
• Role of the SNA?
• Need for a complementary framework?

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Knowledge

• Capacity for action (Stehr)
• Embedded in people as tacit knowledge
• Recorded as codified knowledge
• Classified as (Lundval)
• Know what School
• Know why University
• Know how Work
• Know who Networks

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Frameworks

• Information Society
• Infrastructure
• ICT sector definition
• Model surveys of business, households/individuals,
  work on government
• ICT commodity classification
• Use of the infrastructure
• Electronic products and electronic delivery
• E-Business, E-Commerce

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Frameworks

• Building blocks for the description of the
  digital economy (Kuipers 2002)
• Uses ICT sector definition and ICT products
• Three approaches, each leading to a set of
  indicators Systems Analysis and, ICT

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Frameworks

• Most indicators economic and exist in SNA
• Turnover, value added. Employment, prices,
  investment, intermediate consumption,
  births/deaths
• Some derived from SNA
• Productivity, transfer patterns

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Frameworks

• Some outside of SNA
• Labour force characteristics
• Teleworkers (firms and households)
• Time use (individuals)
• Knowledge creation
• RD expenditures in the ICT sector
• Patents owned in the ICT sector
• Knowledge use
• Services on-line (governments)

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Frameworks

• Indicators related to electronic networks
• Access, to PCs, to Internet (Bandwidth)
• Use
• Barriers
• Benefits
• Supporting analysis of digital divide

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Frameworks

• A statistical framework for describing a
  knowledge-based economy/society (Roberts 2002)
• Uses ICT sector definition
• Adds Knowledge Worker, and High-Tech
• Five dimensions for the indicators
• Context (C)
• Innovation and Entrepreneurship (IE)
• Human Capital (HC)
• (ICT) and Outcomes (O)

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Frameworks

• General economic indicators
• Macro-economic factors (C)
• Global factors (C)
• Legal and regulatory frameworks political
  institutions and transparency environmental and
  resource factors (C)

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Frameworks

• Households and individuals
• Knowledge base of the nation (HC)
• Knowledge in the labour force (HC)
• ICT skill base (ICT)
• Product, financial and labour markets (C)
• Social and cultural factors (C)

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Frameworks

• Knowledge creation activities
• Research base and potential for knowledge
  creation (IE)
• Knowledge creation with commercial potential (IE)

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Frameworks

• Knowledge transmission, including linkages, and
  human resource development
• Knowledge networks and flows (IE)
• Investment in human capital (HC)
• Lifelong learning (HC)
• Human capital loss/gain from economy (HC)

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Frameworks

• Knowledge Use - Including Digital Divide
• Innovation (IE)
• Entrepreneurial activity (IE)
• Support for innovation (IE)
• ICT infrastructure and access (ICT)
• Intensity of household and individual use of ICT
  (ICT)
• Intensity of business and government use of ICT
  (ICT)
• Prevalence of electronic commerce (ICT)
• Strength of the ICT industry (ICT)

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Frameworks

• Examples of outcomes
• Economic and structural change (O)
• Social change (O)

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Discussion

• SNA - indicators
• Information society indicators - OECD
• Knowledge economy/society Indicators
• Integration of other new activities in the new
  economy
• Biotech, Knowledge Management, ?
• Separate or integrated?
• Is there a knowledge divide?