The economic impact of knowledge resources for the knowledge based economy dale neef tony siesfeld jacquelyn cefola on amazoncom free shipping on qualifying offers series resources for the knowledge based economy what happens to our understanding of economics when the vast majority of people within our economy are employed to create ideas. The knowledge based economy organisation for economic co operation and development paris 1996 2 private rates of return to knowledge investments to better gauge the impact of technology on and technology in economic growth knowledge as embodied in human beings as human capital . A knowledge based economy relies primarily on the use of ideas rather than physical abilities and on the application of technology rather than the transformation of raw materials or the exploitation of cheap labor. An overview of the knowledge economy with a focus on arizona a report from the productivity and prosperity project p3 an greatest local economic impacts are generally those with the highest quality research programs the new economy is knowledge based globalized entrepreneurial
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