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Composite Indicators of a Knowledge Society: Triangulation of Experts Interviews and Factor Analyses

Composite Indicators of a Knowledge Society: Triangulation of Experts Interviews and Factor Analyses
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Author(s): Norsiah Abdul Hamid (Universiti Utara Malaysia, Malaysia), Mohd Sobhi Ishak (Universiti Utara Malaysia, Malaysia), Norhafezah Yusof (Universiti Utara Malaysia, Malaysia) and Halimah Badioze Zaman (Universiti Kebangsaan Malaysia, Malaysia)
Copyright: 2017
Pages: 26
Source title: Emerging Trends in the Development and Application of Composite Indicators
Source Author(s)/Editor(s): Veljko Jeremic (University of Belgrade, Serbia), Zoran Radojicic (University of Belgrade, Serbia) and Marina Dobrota (University of Belgrade, Serbia)
DOI: 10.4018/978-1-5225-0714-7.ch004

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Abstract

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.

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