Transcription of THE KNOWLEDGE-BASED ECONOMY - Basic Knowledge 101
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THE KNOWLEDGE-BASED ECONOMY - Basic Knowledge 101
GENERAL DISTRIBUTIONOCDE/GD(96)102 THE KNOWLEDGE-BASED ECONOMYORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENTP aris 19962 Copyright OECD, 1996 Applications for permission to reproduce or translate all or part of this material shouldbe made to:Head of Publications Service, OECD, 2 rue Andr Pascal, 75775 Paris, Cedex 16, OECD economies are increasingly based on Knowledge and information. Knowledge is nowrecognised as the driver of productivity and economic growth, leading to a new focus on the role ofinformation, technology and learning in economic performance. The term Knowledge -basedeconomy stems from this fuller recognition of the place of Knowledge and technology in modernOECD analysis is increasingly directed to understanding the dynamics of the Knowledge -basedeconomy and its relationship to traditional economics, as reflected in new growth theory.
tend to be the most dynamic in terms of output and employment growth. Changes in technology, and ... traditional functions of producing new knowledge through basic research and educating new ... Development of indicators of the knowledge-based economy must
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