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Detroit

by on May 14, 2014

Transitioning to a Knowledge-Based Economy in Detroit

Take the case of Chicago versus Detroit. … Both have strong histories of manufacturing, yet Chicago was able to make the switch to a knowledge sharing economy while Detroit did not.   rest

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The application of knowledge is now recognized to be one of the key sources of growth in the global economy. The term Knowledge Economy (KE) has been coined to reflect this increased importance of knowledge. A knowledge economy is one where organizations and people acquire, create, disseminate, and use knowledge more effectively for greater economic and social development. – World Bank Knowledge for Development (K4D)

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