GCC countries set their sights on knowledge economy

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Mon, 2019-12-02 02:26

DUBAI: The member states of the Gulf Cooperation Council (GCC) are increasingly moving toward becoming knowledge-based economies, a new report says — with an important caveat.

Despite recent progress, the volume of research publications remains low compared with non-GCC countries, and is a long way behind more established knowledge economies, according to the report by Pricewaterhouse-Coopers (PwC).

The survey’s findings and discussions with the region’s research universities, have helped PwC to identify key challenges confronting the GCC research ecosystem.

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