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Published by source: 22 March 2019
Expected next release: 22 March 2020
The “knowledge economy” (KE) is a concept of economic development, in which innovation and access to information drive productivity growth. New trends, such as the Internet of Things or digitalisation, are examples of the transition towards to the knowledge economy. Building the key pillars required to stimulate knowledge-economy development is therefore central to achieving long-term competitiveness.
To measure KE development, the European Bank for Reconstruction and Development (EBRD) has constructed the EBRD Knowledge Economy Index, spanning 46 economies – 38 where the EBRD invests and eight comparators.