Knowledge defined as software, R&D, and higher education.
No doubt there is a correlation between higher economic growth and these three items, and how else would you economically measure "knowledge." But it just kind of seems hookie to me.
Friday, November 3, 2006
They're Gettin' Loopy at the OECD
Again, another daily perusal through the OECD and I think they're getting bored. So bored they calculated how much countries spend on "knowledge" as a % of GDP.
Knowledge defined as software, R&D, and higher education.
No doubt there is a correlation between higher economic growth and these three items, and how else would you economically measure "knowledge." But it just kind of seems hookie to me.
Knowledge defined as software, R&D, and higher education.
No doubt there is a correlation between higher economic growth and these three items, and how else would you economically measure "knowledge." But it just kind of seems hookie to me.
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