08 Calculating the Index and Sub-Indices of Knowledge-Based Economy for Iran

World Bank uses the knowledge assessment methodology (KAM) to determine the readiness of countries to compete based on the knowledge-based economy measures by introducing the index of knowledge-based economics (KEI). This criterion consists of four pillars of economic incentives and institutional regime, education and human resources, innovation system and information and communication infrastructure, which is obtained by calculating their respective measures by calculating the World Bank's formula. The results of the sub-indices related to the four pillars of Knowledge-based Economy in Iran state that although Iran acquires a good position in innovation system and mediocre in Education and human resources and the communications and information infrastructure, sub-index for Economic incentives and institutional regimes have been in an unfavorable situation.