ABSTRACT
Knowledge-based innovation is the ‘super-star’ of entrepreneurship. It gets the publicity. It gets the money. It is what people normally mean when they talk of innovation. Of course, not all knowledge-based innovations are important. Some are truly trivial. But amongst the historymaking innovations, knowledge-based innovations rank high. The knowledge, however, is not necessarily scientific or technical. Social innovations based on knowledge can have equal or even greater impact.
