The faster accelerating growth of the knowledge-based society

Abstract

The first contribution of this study is to identify the economic growth patterns of the emerging knowledge-based society of the future, compared to the agricultural society or the industrial society, by analyzing the aspects of future technologies and new humankind and their effects on the value creation structure. The second contribution of this study is to highlight the characteristics of the new humankind in a knowledge-based society. A number of studies related to economic growth from the long and macro perspective have considered only the conventional aspects of individual humans—for example, a rational consumer or a labor supplier—but this study has considered newly emerging groups with different socio-economic characteristics and their effects on the economy and society.