Intense investment in the creation and expansion of new knowledge is characteristic for a knowledge-based society. Hence, it provides for the national economy with an appropriate amount of scientific research work and researcher potential, a suitable state budget structure, and fluidity of the results of scientific research work. In addition, it also enables close connections between the research and business sectors. In the forefront is the successful transfer of knowledge and technological advances into the economy. Investments into a knowledge-based economy and society can be measured by the following: the number of researchers, education expenditure, information infrastructure, level of lifelong learning, and the extent of investments into capital assets.
The article presents the most important parameters of the knowledge-based society, facts that contribute toward strengthening presentations about development in some countries, and the limitations that countries face in the process of implementing a knowledge-based society.
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