Composite indicators of a knowledge society: triangulation of experts interviews and factor analyses

The concept of Knowledge Society (KS) began due to recognition of the importance of knowledge and information in the development of a society.This chapter proposes a holistic view of knowledge society based on the development of composite indicators in nine different dimensions.The objective of the...

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Bibliographic Details
Main Authors: Abdul Hamid, Norsiah, Ishak, Mohd Sobhi, Yusof, Norhafezah, Badioze Zaman, Halimah
Other Authors: Jeremic, Veljko
Format: Book Section
Published: IGI Global 2017
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Description
Summary:The concept of Knowledge Society (KS) began due to recognition of the importance of knowledge and information in the development of a society.This chapter proposes a holistic view of knowledge society based on the development of composite indicators in nine different dimensions.The objective of the study is to propose a multi-dimensional approach comprising human capital, ICT, spirituality, economy, social, institutional and sustainability as determinants towards achieving a KS. These dimensions are discussed in-depth by the experts in semi-structured interviews and also validated by using Exploratory Factor Analysis (EFA) and Confirmatory Factor Analysis (CFA).The semi-structured interview data are presented in a verbatim manner so as to provide readers with in-depth feedback from the experts, while the EFA and CFA results of composite indicators are presented in graphics.Thus, this chapter contributes to the understanding of composite indicators of a knowledge society which can then be used by policy makers for future policy-making decision.