The term Knowledge Economy (KE) or Knowledge Based Economy (KBE) is used in
a loose way to refer to the researches, developments and economic activities
in Information and Communication Technology. In recent years many other
terms have been invented and many others will follow to describe similar
developments in other areas of production and consumption. In short, the
technological developments centred around information and communication
technology towards the end of the 20th century have transformed already
significantly the social landscape and reshaped the material basis of
society, as Manuel Castells points out.
 Read more:
http://dogangocmen.files.wordpress.com/2009/11/knowledge-based-economy.pdf

----
Dogan Göcmen
(http://dogangocmen.wordpress.com/)
Author of The Adam Smith Problem:
Reconciling Human Nature and Society in
The Theory of Moral Sentiments and Wealth of Nations, I. B. Tauris,
London&New York 2007
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