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The Knowledge Economy is an economic model that focuses on the production, distribution, and consumption of knowledge-based goods and services. It is based on the idea that knowledge is a valuable asset and can be used to create economic value. The Knowledge Economy is characterized by the use of technology to create, store, and share knowledge, as well as the use of knowledge to create new products and services. It is also characterized by the use of knowledge to create new markets and to increase the efficiency of existing markets.
The Knowledge Economy is an important part of the global economy, as it is a major source of economic growth and innovation. It is also an important source of employment, as it creates jobs in the fields of research, development, and technology.
Some companies in the Knowledge Economy market include Microsoft, Apple, Google, Amazon, IBM, Oracle, and SAP. Show Less Read more