knowledge economy
[/ˈnɒlɪdʒ ɪˈkɒnəmi/]
nounfemininepl: knowledge economies / economias do conhecimento
economia do conhecimento
1. An economy in which the production, distribution, and use of knowledge and information are the primary drivers of growth, wealth creation, and employment, rather than physical labor or natural resources.
Silicon Valley is a prime example of a knowledge economy where innovation and intellectual property are the main economic engines.
O Vale do Silício é um exemplo perfeito de economia do conhecimento onde a inovação e a propriedade intelectual são os principais motores econômicos.
2. An economic system that emphasizes education, research, technology, and human capital development as key competitive advantages.
Countries investing heavily in education are building a strong knowledge economy for the future.
Países que investem pesadamente em educação estão construindo uma economia do conhecimento forte para o futuro.
The concept of 'knowledge economy' gained prominence in Brazil during the 2000s-2010s as the country sought to diversify from commodity-based exports. It's central to discussions about innovation hubs in São Paulo, tech entrepreneurship, and educational policy. In the USA, particularly in Silicon Valley and major tech centers, it's a foundational concept describing the shift from manufacturing to technology and services. The term reflects a global acknowledgment that competitive advantage now derives from ideas, talent, and information rather than traditional manufacturing or natural resources.
NYC Slang
info economy / tech economy (informal colloquial usage in New York business circles)
Related Idioms & Phrases
riding the knowledge economy wave
capitalizing on intellectual assets
leveraging brain power
aproveitar a onda da economia do conhecimento
capitalizar sobre ativos intelectuais
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