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The knowledge economy

The knowledge economy Highlights the emergence of the knowledge-based economies reliant on their effectiveness in developing and utilising knowledge. Knowledge embodied in new products and services has become the primary source of wealth creation. Digital networks provide access to vast amounts of data and information, but knowledge management is required to translate data and information in a meaningful way. Knowledge management initiatives are unlikely to be successful unless they are integrated with business strategy, and related to the development of the core capabilities of the organisation. Sharing the discovery and synthesis of intellectual activity involves the creation of knowledge communities of practice. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Education + Training Emerald Publishing

The knowledge economy

Education + Training , Volume 43 (4/5): 8 – Jun 1, 2001

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References (15)

Publisher
Emerald Publishing
Copyright
Copyright © 2001 MCB UP Ltd. All rights reserved.
ISSN
0040-0912
DOI
10.1108/00400910110399184
Publisher site
See Article on Publisher Site

Abstract

Highlights the emergence of the knowledge-based economies reliant on their effectiveness in developing and utilising knowledge. Knowledge embodied in new products and services has become the primary source of wealth creation. Digital networks provide access to vast amounts of data and information, but knowledge management is required to translate data and information in a meaningful way. Knowledge management initiatives are unlikely to be successful unless they are integrated with business strategy, and related to the development of the core capabilities of the organisation. Sharing the discovery and synthesis of intellectual activity involves the creation of knowledge communities of practice.

Journal

Education + TrainingEmerald Publishing

Published: Jun 1, 2001

Keywords: Knowledge economy; Knowledge management systems

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