The Evolution of the Knowledge Economy

dc.creatorCader, Hanas A.
dc.date2017-04-01T17:16:22Z
dc.date.accessioned2026-07-09T06:28:11Z
dc.descriptionThis paper revisits the definition of the knowledge economy (Beck, 1992) and investi-gates changes in knowledge-based industries between 1991 and 2001. Using the General Edu-cational Development Reasoning (GEDR) scale (1-6), non-farm industries were classified as higher knowledge-based industries (GEDR level ≥ 5). The 2001 U.S. national industry-specific occupational employment and wage estimates data were analyzed to identify knowledge-based industries and compared with the knowledge-based industries identified in 1991. There were 41 knowledge-based industries in 1991. In 2001, knowledge-based industries had in-creased by 50 % to 64. Between 1991 and 2001, 27 of the original industries remained classified as knowledge-based industries, and seven industries became non-knowledge-based indus-tries. In 2001, 37 new industries emerged as knowledge-based industries as a result of an in-crease in their knowledge ratio. Further, the composition of the knowledge-ratio of industries classified as knowledge-based has changed considerably over the period.
dc.identifierdoi:10.22004/ag.econ.132351
dc.identifierhttps://ageconsearch.umn.edu/record/132351/files/08-2-3.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/132351
dc.identifier.urihttp://hdl.handle.net/123456789/576922
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/132351
dc.titleThe Evolution of the Knowledge Economy
dc.typeText

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