Urenio Watch Watch: Strategic Intelligence - Foresight

The knowledge economy in Europe

A new report from The Work Foundation argues that European countries together have a ‘knowledge economy’ that is as big if not bigger than that of the US, with over 40 per cent of workers employed in knowledge-based industries. But the continent has not matched the US in terms of economic growth and productivity largely because it has not invested as much in its knowledge base and may be suffering a slowdown in technological progress as a result.