An economy in which growth is dependent on the quantity, quality, and accessibility of the information available, rather than on the means of production.
More example sentences
- The early 1980s, for example, marked the decisive transition from the industrial to the knowledge economy.
- The Cambridge study is part of a new wave of official interest in the way the government makes data available to the knowledge economy.
- Guardian Technology's Free our Data campaign argues the two roles should be separated in the interests of nurturing a knowledge economy.
Definition of knowledge economy in:
- The British & World English dictionary