Quality of Education
Our driving force is the results complied by our team in making the Accendere Knowledge Index. As an organization, we believing in achieving our goals by adding maximum value to the society around us. In our opinion, there is no greater service than effectively disseminating knowledge from sources to recipients. Over time, we would like our efforts to reflect in the movement of countries higher up the index; thereby enhancing the overall knowledge pool of the world.
The Accendere’s Knowledge Index tries to map the effective utilization of a nation’s resources toward effectively increasing their knowledge pool. Data has been collected and analyzed for 91 countries in order to compute this index.
To compute the Accendere Knowledge Index, several parameters were taken into account. Their need and roles are explained below:
Population – It can be reasonably assumed that; if there exist a few geniuses within a target population, the amount of knowledge created by them would be very high. Now the popular definition of a genius is someone with a IQ level of more than 160. This amounts to less than 0.01% of the general population. If by sheer numbers, the population of a country is higher; there would be more number of geniuses in this country assuming all other factors remaining constant
Global Hunger Index – A hungry stomach can never lead to constructive innovation. Well documented studies show the link between malnutrition and brain development in children. This would be a negative input indicator for knowledge. The Global Hunger Index is computed by the following agencies:
International Food Policy Research Institute (IFPRI); Welthungerhilfe (WHH); Concern Worldwide. 2014. 2014 Global Hunger Index Data. Bonn, Washington, DC, and Dublin: Welthungerhilfe, International Food Policy Research Institute, and Concern Worldwide (datasets).http://dx.doi.org/10.7910/DVN/27557
Nominal GDP – The Nominal GDP of a country is a fair estimation of the wealth of the nation. The higher the nominal GDP of a country, the great the material resources it will have at its disposal.
% of GDP dedicated to Education – This shows the commitment of a country towards investing in education. The higher the contribution towards education, the higher is its investment in the future.
Number of Papers Published in SCOPUS indexed journals –SCOPUS is a bibliographic database produced by Elsevier that covers around 22,000 titles from over 5,000 publishers. These are mainly peer-reviewed journals that publish research articles in the fields of science, technology, medicine and social sciences
Number of non-peace Nobel Prizes won – The Nobel Prize is easily the highest award that can be won by an individual in the field of knowledge. We decided to include on the awards awarded in Stockholm and not in Oslo as we did not feel that the Nobel Peace awards were an effective measure of knowledge. We have also not included the Field’s medal or the Turing Award which we believe are equally good measures.
Average IQ of a citizen – This is the easiest quantification of knowledge that is created in a society. If the mechanism is able to make its citizens smarter, it clearly works.
The Accendere Knowledge Index measure the effectiveness of the system in generating the output indicators at relative levels of input measures. Countries that rank highly on the knowledge index are able to make better use of their input resources as opposed to co