The tech world is abuzz with advances in the IoT (Internet of Things), AI (artificial intelligence), robotics, and 3D printing. These headline-grabbing innovations are just part of the greater digital revolution that has been sweeping across the globe in the last decade.
Innovative technologies, abundant information, and vast quantities of data are now more accessible than ever, transforming economies around the world by disrupting how companies do business, how governments deliver services, how labor markets function, and how people interact with each other. These trends are culminating in a global shift toward knowledge-based economies.
Knowledge economies turn knowledge and innovation into value
While definitions vary, knowledge economies are essentially about turning knowledge and innovation into value. Knowledge economies are driven by the development, management, and spread of technologies that yield greater productivity and inclusive growth across economic sectors.