Knowledge-embedded goods

Knowledge embedded goods (KEGs) refers to goods where the inputs to production involve significant amounts of scientific and technical knowledge, often but not exclusively protected by intellectual property rights. Some key examples are drugs, electronic hardware, and computer software, but in contemporary economic life, information and intellectual property provide an increasingly important share of almost all valuable goods.

Source
This page uses content from “Access to Knowledge: A Guide for Everyone,” Glossary (Frederick Norohna & Jeremy Malcolm 2010). This entry is available under the Creative Commons Attribution-Share Alike 3.0 License (CC-BY-SA).