Synopsis In a knowledge-based economy, knowledge alone sustains competitive advantage, whether at an organizational or at a national level. Four structural forces drive economic transformation globally-revolutionary changes in Information and Communication Technology (ICT), rapid scientific and technological advances, increasing global competition, and shifting consumer demand. They also make knowledge a very important driver of competitive advantage The first of this two-part volume focuses on knowledge economy-related concepts and the challenges they present. This book is the second of a two-part volume which focuses on various countries’ transition towards a knowledge economy.