The world is entering a new economic period, where information and innovation have more influence than manufacturing or labor. Those nations that can successfully transition to a knowledge-based economy will dominate the future. Effectively leveraging knowledge and information, however, is no easy task.
In
Knowledge-Based Economy, a Road Map
, Professor Isam Yahia Al-Filali, PhD, and Dr. Abdo A. Husseiny reveal the steps nations need to take to ensure successful and continuous knowledge-based economic development, whether they are industrial powerhouses or agrarian societies.
Together, Al-Filali and Husseiny dismiss the idea that powerful nations will necessarily dominate the knowledge economy. They reveal the distinction between having an educated population and being able to access the information needed for innovation and success. A lack of development might hinder a nation building knowledge capital; it does not, however, put that nation out of contention.
Rich in case studies and references,
reveals the complex interaction of human capital and society in the information market while considering the very nature of knowledge and its place in future economics. The world is changing. Will your nation change with it?