which country has the biggest knowledge economy 
factors of a knowledge economy are measured by the united nations development program s global knowledge index it replaced the world bank knowledge economy index after 2012 this metric scores each country based on enabling factors for the knowledge economy these include education levels technical and vocational training innovation and communications technology switzerland was the top ranked knowledge economy with a total score of 69 1 as of 2023 the next two are sweden at 68 0 and the united states with a score of 66 9 6the bottom linethe term knowledge economy describes the commercialization of intellectual pursuits this type of economy capitalizes on research and scientific discoveries it s a significant component of highly developed economies such as switzerland sweden and the united states but it s global and not confined to just a certain handful of countries intellectual property plays a significant role in a knowledge economy unfortunately generally accepted accounting principles gaap don t recognize these assets on companies balance sheets so you won t be able to pinpoint titles to them by doing this type of research 