Abstract

Almost all human activity spheres, from the health care system to the education system, were unprepared for the pandemic. This, in turn, has slowed down the progress in achieving sustainable development goals. The Sustainable Development Goals 4 “Quality Education” and 8 “Decent Work and Economic Growth” were particularly vulnerable. In addition, the widespread concern was caused in the context of the transition to a “knowledge-based economy”. This paper analyzes the readiness of the scientific community to provide preconditions for the acceleration of these SDGs achievements. To do this, a meta-analysis of the academic literature on SDG 4, SDG 8, and the knowledge-based economy during 2015–2021 was conducted. Several special methods and instruments were used, including Scopus, WoS, VosViewer, Publish or Perish, Google Trends, and Google Books Ngram Viewer. The results show the inability of the modern academic community to provide a theoretical and empirical framework for a successful transition to a knowledge-based economy, taking into account the need to achieve sustainability. This is partly due to the relative subject novelty and the lack of academic attention. The challenges posed by the pandemic (lockdowns, unemployment, closing of educational institutions, financial flows reorientation, etc.) together with potential threats (new pandemic, climate change, population displacement, armed conflicts, etc.) necessitate a radical intensification of academic activity in economics to achieve SDGs.

Highlights

  • The economic system transformation into the so-called knowledge-based economy began in one line with the transition to the information age

  • The results show the inability of the modern academic community to provide a theoretical and empirical framework for a successful transition to a knowledge-based economy, taking into account the need to achieve sustainability

  • Search queries for SDG 4, SDG 4 and knowledge economy, SDG 4 and COVID-19, SDG 8, SDG 8 and knowledge economy for Scopus and WoS databases were pre-filtered exclusively by the paper parameters of papers indexed in Scopus mode

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Summary

Introduction

The economic system transformation into the so-called knowledge-based economy began in one line with the transition to the information age. Knowledge and its applied aspects play a key role in economic development. From 70% to 85% of the GDP growth in developed countries is provided by using and implementing new knowledge in education, production technology, etc. One of the elements ensuring a successful transition to the knowledge-based economy is the achievement of sustainability.

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