The Knowledge Economy in Historical Perspective

Ralph Hippe and Roger Fouquet

World Economics, 2018, vol. 19, issue 1, 75-108

Abstract: The knowledge economy provides huge opportunities for economic growth and to become the cornerstone of future economic development by turning data into wisdom or human capital. Education, one aspect of the knowledge economy, exhibits a history divided into three stages: the apprenticeship era, the universal schooling era and the (future) life-long learning era. The spread of knowledge has accelerated owing to the different stages of knowledge production, in particular the printing press and now the internet.

Date: 2018
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