(Production Management) The U.S., and indeed much of the world, has been described as a "knowledge society."

The U.S., and indeed much of the world, has been described as a "knowledge society." How does this affect productivity measurement and the comparison of productivity between the U.S. and other countries? 200-300 words APA format

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... efficiency and effectiveness of the employee. In the traditional manufacturing units, Labour and Capital were the primary sources for the production. In the present scenario, developing countries use Labour and capital as the source of production like the Gulf countries. The main criteria to evaluate the productivity of the employee in the developing countries are the quantity. Their consideration on innovativeness of the employee is very low; where as, the Knowledge Society like US has different standards for evaluating the employee's performance. US Society considers novelty of work, while evaluating the productive measurement. US emphasizes that product should be innovative and new. If the ...