How Knowledge is Reshaping the Economic Life of Nations

The Work Foundation has published The Knowledge Economy: How Knowledge is Reshaping the Economic Life of Nations. The report, part of the Foundation's three-year study that will conclude in April 2009, argues that the phenomenon of the knowledge economy is driven by the demand for higher value-added goods and services created by more sophisticated, more discerning and better educated consumers and businesses. These pressures have interacted with both technology and globalization, accelerating the process of change and enabling new and disruptive patterns of supplying consumers. [JH]