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“A statistical analysis of any industry and of its role and performance in industry involves data of many kinds. Ideally they should include measures of physical output, total sales broken down by major products, total employment, value added and income originating in the industry, changes in the composition of output, changes in selling prices, changes in productivity, and a few more things. Unfortunately, little of this can be had for the ‘knowledge industry’.
There are several insurmountable obstacles in a statistical analysis of the knowledge industry. In the first place, there is no physical output. Indeed, for the most parts of the production of knowledge no possible measure of output can be conseived that would be logically independent from a measure of input; and those relatively rare kinds of knowledge for which independent indices of output can be concocted cannot in any meaningful way be compared, let alone aggregated, with other kinds of knowledge” (Hervorhebungen wurden hinzugefügt, H.v.A.).
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