Tax Policy In A Knowledge Based Economy

Here is an excellent Forbes article about a recent OECD report.  “With sweeping advances in technology over the last two decade business has become increasingly globalized and knowledge-based. Buildings, equipment, and workers are no longer the central drivers of growth. Now innovation, advanced organization, design (think Steve Jobs and Apple), and communication are the keys to economic prominence. …  A new 362-page OECD report “Supporting Investment in Knowledge Capital, Growth and Innovation” provides a fascinating and useful overview of the new face of the world economy. It also is full of (admittedly preliminary) policy ideas to promote growth in a knowledge-based economy.”