Difference between revisions of "Knowledge economy"
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| − | The knowledge economy is an economic regime where knowledge-intensive manufacturing and service-based activities dominate and the skills and innovations lie at the heart of the regional and national economies<ref>Gregory, D., Johnston, R., Pratt, G., Watts, M., & Whatmore, S. (2009). The Dictionary of Human Geography. Padstow: Wiley-Blackwell.</ref>. It is widely recognised that the UK is a knowledge economy with 40% of GDP accounted for by knowledge-based industries using UK national data<ref>Brinkley, I. (2006). Defining the knowledge economy, Knowledge economy programme report. The Work Foundation.</ref> and the OEDC estimates that half of its members economies are now knowledge based. | + | The knowledge economy is an economic regime where knowledge-intensive manufacturing and service-based activities dominate and the skills and innovations lie at the heart of the regional and national economies as opposed to a [[Fordist]] economy which is dependent upon a division of unskilled labour<ref>Gregory, D., Johnston, R., Pratt, G., Watts, M., & Whatmore, S. (2009). The Dictionary of Human Geography. Padstow: Wiley-Blackwell.</ref>. It is widely recognised that the UK is a knowledge economy with 40% of GDP accounted for by knowledge-based industries using UK national data<ref>Brinkley, I. (2006). Defining the knowledge economy, Knowledge economy programme report. The Work Foundation.</ref> and the OEDC estimates that half of its members economies are now knowledge based. |
== References == | == References == | ||
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Revision as of 17:24, November 28, 2011
The knowledge economy is an economic regime where knowledge-intensive manufacturing and service-based activities dominate and the skills and innovations lie at the heart of the regional and national economies as opposed to a Fordist economy which is dependent upon a division of unskilled labour[1]. It is widely recognised that the UK is a knowledge economy with 40% of GDP accounted for by knowledge-based industries using UK national data[2] and the OEDC estimates that half of its members economies are now knowledge based.