Knowledge-based economy and society has become a vital commodity to countries

@inproceedings{Kefela2010KnowledgebasedEA,
  title={Knowledge-based economy and society has become a vital commodity to countries},
  author={Ghirmai T. Kefela},
  year={2010}
}
Technological change is driving demand for skilled labor and spurring an upgrading skills across economies. The emergence of a knowledge-based economy (k-economy) has spawned a “new” notion of workplace literacy, changing the relationship between employers and employees. The traditional pledge where employees expect a stable or lifelong employment will no longer apply. New ideas or intellectual capital, more than savings or investments, are the new keys to prosperity and to the wealth of… 
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