oboloo

oboloo Glossary

Knowledge Economy

oboloo Glossary

Knowledge Economy

The Knowledge Economy is a term used to refer to an economic system that is based on producing, exchanging, and advancing knowledge. The Knowledge Economy is driven by an information-based society where knowledge and technology are increasingly becoming integral components for economic success. Investment in the Knowledge Economy focuses on sectors related to IT, high tech, and innovation and is often supported by public policy initiatives such as increased research and development funding. This type of investment has the potential to provide long-term capital growth and can add value to portfolios through its diversifying nature.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971