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Essay / Research Paper Abstract
This 12 page paper examines the knowledge based economy, explaining what it is and why it is so important in terms of global competitiveness. The writer then goes on to consider how what the policies of Singapore have been to establish themselves as leaders in this sector and how successful those policies have been. This is ascertained by comparisons with other countries as well as the improvement in the countries own economy. The bibliography cites 20 sources.
Page Count:
12 pages (~225 words per page)
File: TS14_TEkbesin.rtf
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This is ascertained by comparisons with other countries as well as the improvement in the countries own economy. The bibliography cites 20 sources. TEkbesin
The Knowledge Based Economy in Singapore United
Kingdom, August 2001. To Use This Report Correctly, I. Background to the Knowledge Based Economies.
The global economy has been transformed by technology. Technology has changed both the way and manner in which we communicate
as well as the way that knowledge is acquired, used and analysed. In 1998 Chase predicted that the world economy would be undergoing a rapid period of change with the
new knowledge based economy transforming the way in which work. The key to this new era is not only that the greater amount of information that is available, but the
way it is exploited and its use maximised beyond anything thought possible decades before. This can be seen as both facilitating commerce as well as responding to national and international
competitive forces. Knowledge can now be a source of competitive advantage, and as such needs to be understood in greater detail. To
understand what is meant by the knowledge based economy (KBE) the first step must be to define it. From here, we can look at the way in which it is
important in terms of international competitiveness. Commerce is increasing based on information and knowledge, this may be seen as a direct driver of economic growth in many sectors, increasing
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