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Lab21 & SC

by on March 25, 2010

Bill Mahoney, President of SCRA, on the importance of the Lab21 announcement to the development of the knowledge economy in South Carolina

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The application of knowledge is now recognized to be one of the key sources of growth in the global economy. The term Knowledge Economy (KE) has been coined to reflect this increased importance of knowledge. A knowledge economy is one where organizations and people acquire, create, disseminate, and use knowledge more effectively for greater economic and social development. – World Bank Knowledge for Development (K4D)

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