What Is the Knowledge Economy and Why Is It Important?
The phrase “knowledge economy” has gained increasing currency in recent years, but what exactly is the knowledge economy? And where did this concept come from? In the simplest terms, the knowledge economy refers to a modern system of economics in which intellectual capital and intellectual property form a central component of both the labor and production markets. Read on to learn more about the knowledge economy, and how you can be a part of it.
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