The opportunities of the digital economy and of "knowledge intensive" jobs must be seized... Britain is in a strong place to do that, but without new skills, investment and dynamism we are going to get left behind".
However, recent strong jobs growth has been driven by knowledge intensive business services.
Creating and maintaining software systems is a knowledge intensive task.
Batch process design is an information and knowledge intensive task.
And 85% of the knowledge-intensive jobs – which are better paid – have been in London and the south-east.
Much as the exodus of manufacturing jobs abroad did in decades past, sending service or knowledge-intensive jobs to countries like India is causing fears of displacement in the United States and elsewhere.
In a study of 100 years of economic data from 57 of the largest cities and towns in England and Wales, researchers concluded that proximity to knowledge-intensive jobs and a city's capacity for innovation were more important.
In particular, Rising Above the Gathering Storm (2005)—a report of the U.S. National Academy of Sciences, the National Academy of Engineering, and the Institute of Medicine emphasized links between prosperity, knowledge-intensive jobs dependent on science and technology, and continued innovation to address societal problems.
In particular, Rising Above the Gathering Storm (2005), a report of the U.S. National Academies of Science, Engineering, and Medicine, emphasized the links between prosperity, knowledge-intensive jobs dependent on science and technology, and continued innovation to address societal problems.
So Pfizer's decision to close the plant, with the loss of up to 2,400 jobs, cast a shadow over the government's hopes for an economic renaissance, with hi-tech, knowledge-intensive jobs helping to take up the slack as the bloated financial services sector shrinks and the Treasury's axe-swinging results in hundreds of thousands of public-sector layoffs.
There's only one way we earn our way out of today's cost of living crisis and that's by expanding knowledge intensive sectors and training people for the new jobs on offer.
