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The Quadruple Helix innovation system understanding emphasizes that sustainable development of and in economy (knowledge economy) requires that there is a co-evolution of knowledge economy and knowledge society and knowledge democracy.
Knowledge production and innovation in the context of the knowledge economy, knowledge society (knowledge democracy), and the natural environments of society.
Here, we may observe a hybrid overlapping between the knowledge economy, knowledge society and knowledge democracy' (Carayannis and Campbell [2012], p. 55).
This co-development has all the potentials of becoming crucial for the further progress of innovation and innovation systems that drives knowledge economy, knowledge society, and knowledge democracy.
This indicates opportunities for a creative design or processes of creatively designing the further co-evolution of knowledge economy, knowledge society, and knowledge democracy.
This indicates opportunities for a creative design or creative design processes in the further co-evolution of knowledge economy, knowledge society, and knowledge democracy.
Such approach was elaborated by Karahan (2012) who identified input and output indicators for four dimensions of the knowledge economy: knowledge acquisition, knowledge production, knowledge distribution and knowledge utilization.
In the approach of the Quintuple Helix innovation model, the natural-environments-of-society are being identified as opportunities for driving further and excelling the sustainable development and coevolution of knowledge economy, knowledge society, and knowledge democracy.
In the 21st century economy, knowledge workers - people who have succeeded in school and college - will be the major participants of a prosperous nation.
