what is the difference between economy of knowledge and knowledge based economy
Answer (1)
Student Expert
6th Jan, 2021
Hello
A knowledge based economy is the one which is uses trends in advanced economies with higher dependency on info,knowledge,skills and the demand for readily available access to these(provided by business sectors).
In simple terms the economy of knowledge is one which refers to thecapability of capitalizing scientific discoveries as well as the basic and applied scientific research.
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