Data Quote by César A. Hidalgo
““Emphasizing the ability of products to augment human capacity can help us refine what we understand as the economy. It helps us see the economy not as the careful management of resources, the wealth of a nation, or a network of financial transactions, but as a system that amplifies the practical uses of knowledge and knowhow through the physical embodiment of information and the context-specific properties that this knowledge helps carry. This is an interpretation of the economy as a knowledge and knowhow amplifier, or a knowledge and knowhow amplification engine: a complex sociotechnical system able to produce physical packages containing the information needed to augment the humans who participate in it. Ultimately, the economy is the collective system by which humans make information grow.””
About This Quote
Source Book: “The Knowledge Economy” by César A. Hidalgo, 2015
The economy should be seen as a system that amplifies human knowledge and practical know‑how, turning information into physical tools that boost human capability.
In simple terms: Economy amplifies knowledge into useful tools.
Design systems that turn ideas into tangible assets.
Themes
Mood
Type
When to use this quote
- R&D labs
- education programs
- policy design
- business strategy
Key Concepts
Questions to Reflect On
- How can we quantify knowledge amplification?
- What policies foster a knowledge‑driven economy?
Complex to may be hard to measure.