The importance of education in knowledge economy
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Abstract
Education has identified its growing role in knowledge economy. Knowledge significantly impacts advancements of science and technology, developments of economy, especially knowledge economy. Key components of a knowledge economy are more heavily reliant on intellectual capabilities than on other physical or natural resources. In the knowledge-based economy, innovation is driven by interactions of producers and users in exchanging systematized knowledge, and this interactive model has replaced those linear traditional ones of innovation.
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Keywords
knowledge, knowledge economy, education, Vietnam
References
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