At the end of World War II, Western civilisation put engineers on a pedestal after seeing how well the US military could manage matériel and logistics. This led to a stockpile of consumer goods. Marketers became the heroes as they created mass-consumer markets. Following the mastery of distribution, promotion and sales, accountants came to prominence. They estimated costs and counted the profit...

A list of related materials, with annotations to guide further exploration of the article's ideas and applications 12 Further Reading Product 407X

Manufacturing as a process of fabrication is normally considered part of the industrial sector of the economy and not part of the post-industrial, or knowledge, sector. However, the knowledge economy is critically dependent on modern manufacturing technology for its existence, and modern manufacturing has come into being as a result of developments in information technologies. This presentation...

The article summarizes the essence and content of a state knowledge-based economy. Actual problems of the knowledge-based economy in the Russian Federation have been considered; the emphasis here is on the innovative component of this complex multi-component economic process. The authors analyze the main challenges of the knowledge-based economy in Russia and offer a transition from a resource-...