1 pages (250 words)
, Download 1
... Knowledge Based Economy Affiliation The Knowledge Based Economy The government of New Zealand can adopt some policies to facilitate collaborations between universities, research institutes and businesses so as to transition the economy into a diversified, knowledge-based economy. These policies will be based on regulation, allocation, and distribution.
Using regulation, the government’s policy would be to promote organizational change. This will facilitate the transition of technological change into productivity gains that will ensure organizational changes and as such, raise flexibility (OECD, 1996). These changes shall be achieved through financial, information and competition changes. Using al...