TITLE:
Fuzzy Modelling for Qatar Knowledge-Based Economy and Its Characteristics
AUTHORS:
Tameur Nachef, Muhamad Bin Jantan, Abdelmalek Boularas
KEYWORDS:
Knowledge-Based Economy; Qatar Economy Characteristics; Fuzzy Modelling Approach
JOURNAL NAME:
Modern Economy,
Vol.5 No.3,
March
20,
2014
ABSTRACT:
This paper aims to present an overview of the
framework and methodology that might help Qatari decision makers understand and
identify factors affecting the transition towards a knowledge-based economy in
a non-static fast-changing real-world setting, with a specific
focus on clarifying some of the key dynamics and characteristics of its
establishment. In this regards, it aims to quantify the effect of government
policies, ICT infrastructure, and society norm dimensions by seeking to provide
an insight on the main driving forces behind its emergence—exploring the core pillars, potential
pitfalls, and bottlenecks. In addition, it attempts to help close the existing
gaps resulting from the discrepancy between the pace of the knowledge-based
economy foundation and inadequate supporting institutional framework.
Country-specific characteristics of the Qatar economy are considered in order
to determine the right approach for adopting the knowledge-based economy
orientation that would be aligned with Qatar National Vision 2030. Finally, the
expert-driven fuzzy-logic approach has been proposed to help decision-makers in
providing guidance for outlining and evaluating the relevant strategies.