Analysis of Role of Knowledge Management in Economic Growth

Provided by: Creative Commons
Topic: Data Management
Format: PDF
Knowledge and ideas have been emerged as key drivers for the economic growth in current scenario. Firm specific, sector specific and general knowledge are the three forms of knowledge that play a significant role in economic growth. The well qualified human capital has positive impact on economic growth through total factor productivity past researches show that there is direct relationship between new ideas and human capital. As a result, investment in human capital led to growth in physical capital which in turn leads to economic growth.

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