1.3.6: The Knowledge Economy Flashcards
1
Q
The knowledge economy
A
An economy based on creating, evaluating and trading ideas and information.
(Synonym for quaternary sector)
2
Q
Factors encouraging clustering in the knowledge economy
4
A
- proximity to unis
- government support
- planning regulations
- infrastructure
3
Q
Which areas won’t benefit from the growth of quaternary industry
A
Rural locations with limited communication
4
Q
Clusters lead to…
A
Improvements in global connectivity
5
Q
Example of quaternary cluster UK
A
Tech City, Shoreditch, London
