The world is entering a new economic period, where information and innovation have more influence than manufacturing or labor. Those nations that can successfully transition to a knowledge-based economy will dominate the future. Effectively leveraging knowledge and information, however, is no easy task.

In Knowledge-Based Economy, a Road Map, Professor Isam Yahia Al-Filali, PhD, and Dr. Abdo A. Husseiny reveal the steps nations need to take to ensure successful and continuous knowledge-based economic development, whether they are industrial powerhouses or agrarian...