2001/07/01 by Steven Brint · 148 citations
Social Sciences · #Digital economy #Economics #Economy #Elite Sociology and Global Capitalism #Goods and services #Information economy #Knowledge economy #Labor Movements and Unions #New economy #Political Economy and Marxism #Political science #Post-industrial economy #Post-industrial society #Quaternary sector of the economy #Service economy #Sociology
paper · doi:10.1177/0011392101049004007
published in Current Sociology 49(4), 101-132 (SAGE Publishing)
openalex publication_date 2001/07/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/23
This article argues that four distinct streams of thought flow into current conceptions of the knowledge economy. Drawing on these four streams of thought and on labor force data from the USA, the article develops a synthetic view of the knowledge economy. The analysis suggests that the knowledge economy, while of growing importance, remains smaller in the aggregate than other parts of the economy. The article also defines five sectors of the knowledge economy, according to the nature of the goods and services provided and the technology used in production. These sectors form an important basis for the segmentation and stratification of the professional labor force.