Economic Quote by Peter Drucker
“The basic economic resource - the means of production - is no longer capital, nor natural resources, nor labor. It is and will be knowledge.”
About This Quote
Source Book: The Effective Executive, 1966
Knowledge supersedes traditional production factors, becoming the primary economic driver.
In simple terms: Knowledge is the new capital.
Invest in learning and information.
Themes
Mood
Type
When to use this quote
- business strategy
- education
- policy making
- entrepreneurship
Key Concepts
Questions to Reflect On
- How can you turn knowledge into value?
- What barriers prevent knowledge from becoming capital?
Knowledge alone isn’t enough without application.