ABSTRACT

The knowledge-driven economy is not only a new set of high-tech industries such as software and biotechnology, which are built on a science base. Nor is it only a set of new technologies — information technology and the Internet. It is about a set of new sources of competitive advantage that apply to all industries, high-tech and low-tech, manufacturing and services, retailing and agriculture. The key to our competitiveness is how we combine, marshal and commercialise our know-how.