Knowledge based economy

Abstract

The term "third wave" has recently emerged, which is linked to the emergence of a new branch of economic science that has imposed itself on the world stage. It is a knowledge economy and a knowledge-based economy that is based on a deeper understanding of the role of knowledge and human capital in the development of the economy and the advancement of societies. Based on the optimal use of multiple technologies in general, technology of digital technology and communication systems, and the employment of knowledge as an essential component of the production process, based on knowledge and human capacities (information society and knowledge society) Innovation, creativity and scientific research Peter Drucker was the first to announce the term "knowledge economy"