THE ECONOMY OF KNOWLEDGE-BASED SOCIETY
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The aim of this essay is to focus attention on the need of developing a broader framework for economics because of rising world wide awareness towards the increasing and the novel roles of knowledge, science and their societal and economical impact on the 21st century. Comparing with formation of economics of industrial society the author underlines the need of developing an economy that fits more for global knowledge-based society. The author shows how to elaborate explicit theory of contemporary socio-economic reality. He summarises the crucial movements in economy and society on the path from industrial to knowledge age of the global society as the arguments for innovating an economy.
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