Description

“We are living through a period of profound change and transformation of the shape of society and its underlying economic base ... The nature of production, trade, employment and work in the coming decades will be very different from what it is today.”


What Is Knowledge Economy?

“Capitalism is undergoing an epochal transformation from a mass production system where the principal source of value was human labour to a new era of ‘innovation mediated production’ where the principal component of value creation, productivity and economic growth is knowledge.”