chapter  11
10 Pages

Greater Phoenix as a Knowledge Capital Jay Chatzkel

A “knowledge capital” is a region that bases its ability to create wealth on its capacity to generate and leverage its knowledge capabilities. In a knowledge capital, enterprises and people link to form knowledge-based extended networks to achieve strategic goals, cultivate innovation, and successfully respond to rapidly changing conditions. A knowledge capital recognizes that its ability to grow, capture, leverage, and share its knowledge is the basis for both its competitive advantage in the world and its quality of life.