Naumov Evgeny Arturovich, Candidate of Economics, Professor, Deputy Head of Economic Policy Department of the State University of Management, member of Russian Academy of Natural Sciences, the Vice-President of the International Academy of Innovation “GLOBELIKS”, member of the Russian Writers Union
Kirakosyan Vardges Eduardovich, assistant of the Chairman of Armenian science committee
In the era of the third industrial revolution, knowledge, along with labor, capital and natural resources, acts as one of the main factors in the development of modern production. Knowledge as a specific type of resources has certain properties, a review of which is given in the article. The main characteristic features of knowledge as a new economic resource is globalism, inexhaustibility, non-materiality, variability, versatility, performance, invariance to the methods of use. These features provide the basis for the intellectual economy.
KEYWORDS: knowledge as a resource, knowledge-based economy, institutional constructivism, properties and characteristics of knowledge.