Definitions for "Knowledge economy"
An economy characterised by the recognition of knowledge as a source of competitiveness, the increasing importance of science, research, technology and innovation in knowledge creation, and the use of computers and the Internet to generate, share and apply knowledge.
an economy where the main value is knowledge instead of power or money
An economy where knowledge contributes significantly to the generation of wealth.
A situation where value lies increasingly in new ideas, software, services and relationships.
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