economic knowledge

What Is Economic Knowledge Economy?

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What Is Economic Knowledge Economy? The knowledge economy is a system of consumption and production that is based on intellectual capital. In particular, it refers to the ability to capitalize on scientific discoveries and basic and applied research. This has come to represent a large component of all economic activity in most developed countries. How

What Is The Difference Between General Knowledge And Specific Knowledge In Economics?

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What Is The Difference Between General Knowledge And Specific Knowledge In Economics? For decisions at the early stages of a development project, the general knowledge provides the basis for the decisions. As the project develops, the specific knowledge becomes more important, and, in the operational stages, when making a decision about the operation of a