Applying knowledge management strategies to economic development in sub-Saharan Africa

Abstract

Sustainability looks to achieve best outcomes for human and natural environments both now and in the indefinite future. It relates to the continuity of economic, social, institutional and environmental aspects of human society, as well as the non-human environment. This paper examines economic development as one aspect of sustainability, with a focus on knowledge management as an economic development strategy. Using Grey’s categories of knowledge management, the authors address sustainable economic development in the context of sub-Saharan Africa. Production capability is no longer completely dependent on capital and equipment; information and knowledge assets are increasingly important. In this information economy, success comes from harnessing the information and knowledge of a community. Such “indigenous knowledge,” local and often tacit, exists in every community, every region and every country. This knowledge is useful in identifying new entrepreneurial opportunities, as well as for sustaining and advancing local businesses. Sub-Saharan Africa provides an excellent case study. No other region of the world is in more dire need of development. The 700 million people in this area face tremendous challenges, including the world’s highest incidence of HIV/AIDS, deep poverty, unemployment, political instability, and a host of related problems. Key factors for using knowledge management as an economic development strategy in the region will include ICT (Information and Communication Technologies) literacy; uncovering and developing local intellectual assets; capturing tacit knowledge; internal and external knowledge sharing; and managing political, social and technological barriers. Other specific recommendations include promoting ICT literacy through training programs; leveraging internet and email technologies for community building; investing financial resources in R & D; and developing metrics for outcome assessment.

Keywords: Knowledge management, economic development, sub-Saharan Africa.