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Sustainable Knowledge Investment and Returns in Ghana
ISSN: 2026 - 6480
Publisher: author
Sustainable Knowledge Investment and Returns in Ghana
Indexed in
Medical Sciences
ARTICLE-FACTOR
1.3
Article Basics Score: 2
Article Transparency Score: 2
Article Operation Score: 2
Article Articles Score: 2
Article Accessibility Score: 3
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International Category Code (ICC):
ICC-1702
Publisher: Koforidua Technical University
International Journal Address (IAA):
IAA.ZONE/2026393316480
eISSN
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2026 - 6480
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Abstract
This study measured the rate of returns for knowledge asset as Gross Domestic Product (GDP) per capita, (a human progress indicator) rather focuses on production and consumption of scarce tangible assets. Knowledge investment rate of return is beneficial, because, knowledge is a limitless intangible asset, growth enhancing and sustainable, thus, also averting the challenges of Knowledge Economy Index (KEI). Sustainable Knowledge Investment Returns can ensure quality higher education, improvement in scientific research and accelerate attainment or consolidation of achieved Sustainable Development Goals (SDG) in a poor country like Ghana. The Council for Scientific and Industrial Research (CSIR), Ghana, data from 2009 to 2015 was used. In 2009, a rate of return of approximately 54% was obtained through the production function method. The financial method was used to calculate the remaining mean rates of approximately 36% for 2010 and 20...
