The Knowledge Economy and Innovation in Higher Education: A Study on The Impact of Technological Applications on The Development of Educational and Training Programs
Corresponding Author(s) : Naeem Hameed Mahoud
American Journal of Economics and Business Management,
Vol. 8 No. 5 (2025): May
Abstract
This research aims to highlight the importance of the knowledge economy and innovation in advancing higher education through the study of modern technological applications and their role in designing and updating educational and training programs within university institutions. The study builds upon a theoretical framework that explores the concept of the knowledge economy, its characteristics and dimensions, alongside the idea of innovation in the educational context and its barriers. Special emphasis is placed on smart education applications such as e-learning platforms and virtual reality, and their contributions to enhancing the quality of education and expanding learning opportunities. The study adopts a descriptive-analytical methodology, utilizing a questionnaire distributed among a sample of higher education students. The findings revealed significantly high mean scores for all items related to the role of technology and innovation, indicating a strong positive impact of technological applications on improving higher education outcomes, increasing student engagement, and aligning educational programs with the demands of the digital labor market.
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- A. Al-Barrak, “Knowledge-based economy and its impact on economic development,” *Saudi Economic Journal*, 2020.
- M. Al-Banna, *E-Learning in the Arab World: Challenges and Opportunities*, Arab Digital Education Center, 2020.
- W. Hassan, “The Transition Towards a Knowledge Economy in Arab Countries: Opportunities and Challenges,” *Journal of Future Studies*, no. 35, 2021.
- A. Al-Khatib, “Transformations of the Global Economy in the Light of Knowledge and Technology,” *Contemporary Thought Magazine*.
- I. Al-Rubaie, “Educational Innovation in Higher Education Institutions: Challenges and Opportunities,” *Journal of Contemporary Education*, no. 7, 2021.
- M. Al-Zubaidi, *The Knowledge Economy: An Introduction to Growth and Innovation in the Digital World*, Arab Center for Publishing, 2022.
- A. A. Al-Shamrani, “The Impact of Employing Digital Learning on the Quality of the Educational Process,” *Arab Journal of Educational and Psychological Sciences*, 2019.
- A. Al-Sufi, “Educational Platforms and Their Role in Developing the Educational Process,” *Journal of Digital Education*, 2021.
- H. Abdel Moneim and S. Gaaloul, “Knowledge Economy: A Framework Paper,” *Arab Monetary Fund*, 2019.
- A. Abdul Hamid, “Innovation as an Educational Concept in Light of Digital Education Changes,” *Arab Center for E-Learning*, 2020.
- S. Abdul Majeed, “Using Virtual Reality in University Education,” *Journal of Educational Future*, 2022.
- N. b. A. Al-Futaimani, “Managing and Organizing Higher Education Programs for People with Disabilities in Light of Saudi Vision 2030,” *Journal of Educational Research*, 2017.
- “A set of innovative solutions. Innovation in education and the most important modern innovative teaching methods,” 2022.
- UNESCO, *Technical and Vocational Education and Training Strategy 2016–2021*, 2021.
- UNESCO, *Knowledge Societies: The Way Forward*, Paris: United Nations Educational, Scientific and Cultural Organization, 2020.
References
A. Al-Barrak, “Knowledge-based economy and its impact on economic development,” *Saudi Economic Journal*, 2020.
M. Al-Banna, *E-Learning in the Arab World: Challenges and Opportunities*, Arab Digital Education Center, 2020.
W. Hassan, “The Transition Towards a Knowledge Economy in Arab Countries: Opportunities and Challenges,” *Journal of Future Studies*, no. 35, 2021.
A. Al-Khatib, “Transformations of the Global Economy in the Light of Knowledge and Technology,” *Contemporary Thought Magazine*.
I. Al-Rubaie, “Educational Innovation in Higher Education Institutions: Challenges and Opportunities,” *Journal of Contemporary Education*, no. 7, 2021.
M. Al-Zubaidi, *The Knowledge Economy: An Introduction to Growth and Innovation in the Digital World*, Arab Center for Publishing, 2022.
A. A. Al-Shamrani, “The Impact of Employing Digital Learning on the Quality of the Educational Process,” *Arab Journal of Educational and Psychological Sciences*, 2019.
A. Al-Sufi, “Educational Platforms and Their Role in Developing the Educational Process,” *Journal of Digital Education*, 2021.
H. Abdel Moneim and S. Gaaloul, “Knowledge Economy: A Framework Paper,” *Arab Monetary Fund*, 2019.
A. Abdul Hamid, “Innovation as an Educational Concept in Light of Digital Education Changes,” *Arab Center for E-Learning*, 2020.
S. Abdul Majeed, “Using Virtual Reality in University Education,” *Journal of Educational Future*, 2022.
N. b. A. Al-Futaimani, “Managing and Organizing Higher Education Programs for People with Disabilities in Light of Saudi Vision 2030,” *Journal of Educational Research*, 2017.
“A set of innovative solutions. Innovation in education and the most important modern innovative teaching methods,” 2022.
UNESCO, *Technical and Vocational Education and Training Strategy 2016–2021*, 2021.
UNESCO, *Knowledge Societies: The Way Forward*, Paris: United Nations Educational, Scientific and Cultural Organization, 2020.