In the landscape of economic activities, the concept of the knowledge economy has emerged as a distinct and transformative sector. At its core, the knowledge economy revolves around activities that are knowledge-intensive, relying heavily on the intellectual capacities of individuals. In this realm, human capital takes center stage, as the economy's driving force is intricately tied to the intellectual prowess of its workforce. The knowledge economy encompasses a wide array of sectors, encompassing high-technology manufacturing and service providers across various domains. These include the realms of computer science, aerospace engineering, fintech, electronics, information technology, communication, insurance, and more. The common thread that binds these diverse sectors is their unwavering dependence on knowledge and information.
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What is knowledge economy ?
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