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Knowledge-based economy
In modern economies, knowledge is the main prerequisite for socio-economic progress. The creation of a knowledge-based economy is of paramount importance for the development and competitiveness of every country. A knowledge-based economy is an economic system that is based on knowledge, education, innovation and high technologies. The development of such an economy stimulates economic growth: innovative solutions and technological progress contribute to the creation of more efficient production, improve the quality of services and create new opportunities.
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