The revolution of knowledge economy which is guided by knowledge and information technology has been challenging the traditional industrial economy.

以知识、信息技术为先导的知识经济正在对传统产业经济提出挑战。

youdao

The author dismisses the more traditional explanations about why the industrial revolution began in Britain such as an abundance of coal or the insatiable demands of the Royal Navy concluding, instead, that it was England's development of the patent system that was the decisive factor.

ECONOMIST: Why it started in Britain