Concept information
Preferred term
knowledge economy
Definition
- The knowledge economy is one in which the generation and the exploitation of knowledge has come to play the predominant part in the creation of wealth. It is not simply about pushing back the frontiers of knowledge; it is also about the more effective use and exploitation of all types of knowledge in all manner of economic activity. [Source: Encyclopedia of Distributed Learning; Knowledge Economy]
Broader concept
Narrower concepts
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/knowledge_economy
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