Technology-based economic development

Economic evolution of different countries and regions occurs at various stages. But there is an element within each of these varying locales that has the potential to unify us all: knowledge. Knowledge can be the nexus for all of us to create a knowledge-based society. Economic evolution started with the Agriculture Age and progressed to the Industrial revolution. We now find ourselves in the information age, desiring to transform information into a knowledge-based society. Given that the 21(st) Century World has changed dramatically and is much more complex due to a litany of factors: distributed intelligence complex technologies diverse workforce creative transformation continuous innovation global economy infrastructure renewal sustainable development the need for career-long learning finite resources We must embrace the fact that science is the fuel for technology's engine and that technology is the engine of economic growth. Because in the end, technology is essential to the creation of jobs, to the building of new industries, and to the improvement of our standard of living.