Growth in knowledge-based industries requires investment in knowledge as well as in physical capital.

ECONOMIST: Economics: Knowledge gap | The

As industries become more knowledge-based and more firms turn to open and user-led innovation models to keep a step ahead of disruptive innovators, governments will have to think more carefully about what, if anything, they can do to keep their economies competitive.

ECONOMIST: We are all innovators now

The information need not be inside, but members of Congress are well-positioned to conclude how legislation will impact industries based on entirely public knowledge.

FORBES: Which Is More Corrupt? Wall Street Or Congress?

One of the world's most conspicuously successful centres of enterprise lies in that bit of California known as Silicon Valley: computing is today's knowledge-based industry par excellence (see survey) The new jobs in tomorrow's industries, in manufacturing and services alike, will call for more than button-pressing automatons.

ECONOMIST: Education and the wealth of nations | The