A-Z Popular Blog Knowledge Search »
Knowledge Management
Related Guides
Related Topics

Knowledge Analysis

11 Examples of the Knowledge Economy

 , updated on
The knowledge economy is the creation of value using human intelligence. It is considered a fundamental economic shift that is currently in progress based on the observation that a large number of jobs have shifted to professions that require extensive knowledge and the ability to create new knowledge. The following are illustrative examples of the knowledge economy.


Creating new products, services, environments and experiences. For example, the design of a themed restaurant interior.


A branch of design that requires extensive knowledge of math and science such as the design of a new type of high speed train.

Information Technology

Creating and operating systems that automate things and applications that people use. For example, a software developer who creates tools for organizing and exploring data.

Business Processes

Analysis and improvement of business processes. For example, a manufacturing manager who uses management accounting to discover improvements to efficiency and quality on a production line.


Marketing including promotion, product development, distribution and sales. For example, a creative individual who designs advertisements to engage and inspire customers.

Customer Experience

Developing and delivering customer experience such as a hotel manager who is continually improving customer service.

Research & Development

Intensive processes of discovering new knowledge or developing new value such as a startup that invents a new business model.


The development of information and entertainment such as movies, videos, books, newspapers, magazines, blogs and games.


The knowledge economy is based on an educated workforce whereby learning is viewed as a lifelong process. This represents a shift in education from systems that encourage memorization and conformity to education based on discovery, problem solving and design.


Culture related industries in areas such as art, performance art, architecture, history and cuisine. For example, an expert in the history of an area who is involved in developing the region's tourism industry. Culture is a vibrant area of the knowledge economy because there is little interest in automating human pursuits such as art and fine cuisine.


Products and services based on the skill of an artisan. This is a common way to compete with a larger, highly automated competitor. For example, a farmer who produces an artisanal crop recognized for its superior quality doesn't directly compete with commodity producers.


It is a common myth that the knowledge economy is confined to developing new intellectual property such as patents. Generally speaking, any profession that produces new knowledge can be viewed as part of the knowledge economy.
Overview: Knowledge Economy
Definition (1)
The creation of value using human intelligence.
Definition (2)
An economic shift whereby value is mostly created by mental processes as opposed to manual processes.
Related Concepts


This is the complete list of articles we have written about knowledge.
A Posteriori
A Priori
Artificial Knowledge
Background Knowledge
Body Of Knowledge
Defensive Publication
Dispersed Knowledge
Domain Knowledge
Filter Bubble
Half-life Of Knowledge
Independent Knowledge
Information Asymmetry
Knowledge Capital
Knowledge Economy
Knowledge Gap
Knowledge Loss
Knowledge Management
Knowledge Processes
Knowledge Product
Knowledge Quality
Knowledge Use
Knowledge Velocity
Knowledge Waste
Known Unknowns
Meta Knowledge
Pessimistic Induction
Prior Art
Qualitative Data
Situated Knowledge
Tacit Knowledge
Traditional Knowledge
Types Of Knowledge
Uncertainty Principle
Unknown Unknowns
If you enjoyed this page, please consider bookmarking Simplicable.

Knowledge Work

A definition of knowledge work with examples.


A list of things that are knowledge.

Organizational Intelligence

A definition of organizational intelligence with examples.

Direct Experience

A definition of direct experience with examples.

Situated Knowledge

The definition of situated knowledge with examples.

Knowledge Transfer

The common types of knowledge transfer.

Original Research

The definition of original research with examples.

Knowledge Examples

The definition of knowledge with examples.


The different between knowledge and wisdom with examples.


The definition of unknowable with examples.


Examples of the creative process.

Creative Processes

A definition of creative process with examples.

Creative Services

The definition of creative services with examples.

Magical Thinking

The definition of magical thinking with examples.

Creative Leadership

A guide to creative leadership.


The definition of coolness with examples.


The definition of imagination with examples.


The definition of play with examples.


The definition of authenticity with examples.
The most popular articles on Simplicable in the past day.

New Articles

Recent posts or updates on Simplicable.
Site Map