‘The knowledge-based economy’ is an important issue in the 21st century and has great impacts on countries, organizations, and education. This paper is first to understand the direction of policy implementing in Taiwan and inquire the patterns of the knowledge-based economy and examine the change of the economic perspectives. Next to the discussion, the paper focuses on the meaning of the knowledge-based economy form the OECD definition, the construction of indicators, and the meaning of the knowledge worker. Then, the author generalizes seven approaches form the strategies of the several countries and addresses some reflection on education. There are six reflections in this paper: (1)Implementing the Projects of Knowledge-Based Economy by the Council for Economic Planning and Development. (2)Enactment of the function of the Internet Learning Center and application of the communication technology in education. (3)Accelerating the flexible education institution and the instruction of multi-intelligence curriculum. (4)Increase of the education for all and higher education. (5)Fulfilling the development of international goals. (6)cooperating the firms with academy and cultivate the interdisciplinary research. Finally, the author gives some conclusions in this paper.