Components of Knowledge Management for Organizations in the Knowledge Economy :- Amogu Uma K.
ABSTRACT
We live in a
time when knowledge is the most vital human resource. It is a time when
knowledge is replacing other resources as the main driver of economic growth.
Interestingly, what is isolated as the new knowledge economy is global.
Chandler and Monday (2011) refers to knowledge economy as "the production
and management of knowledge as a product or service". A knowledge economy
is one in which growth is dependent on the quantity, quality and accessibility
of the information available, rather than the means of production. It is a
system of consumption and production based on intellectual capital. In a
knowledge economy, a significant part of a company's value may consist of
intangible assets, such as the value of its workers' knowledge (intellectual
capital). Lesser developed countries tend to have agriculture or agriculture
and manufacturing-based economies, while developing countries tend to have
manufacturing and servicebased economies. Examples of knowledge economy
activities include research, technical support and consulting (Investopedia,
2015).
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AMOGU, K (2024). Components of Knowledge Management for Organizations in the Knowledge Economy :- Amogu Uma K.. Repository.mouau.edu.ng: Retrieved Nov 23, 2024, from https://repository.mouau.edu.ng/work/view/components-of-knowledge-management-for-organizations-in-the-knowledge-economy-amogu-uma-k-7-2
KALU, AMOGU. "Components of Knowledge Management for Organizations in the Knowledge Economy :- Amogu Uma K." Repository.mouau.edu.ng. Repository.mouau.edu.ng, 06 Mar. 2024, https://repository.mouau.edu.ng/work/view/components-of-knowledge-management-for-organizations-in-the-knowledge-economy-amogu-uma-k-7-2. Accessed 23 Nov. 2024.
KALU, AMOGU. "Components of Knowledge Management for Organizations in the Knowledge Economy :- Amogu Uma K.". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 06 Mar. 2024. Web. 23 Nov. 2024. < https://repository.mouau.edu.ng/work/view/components-of-knowledge-management-for-organizations-in-the-knowledge-economy-amogu-uma-k-7-2 >.
KALU, AMOGU. "Components of Knowledge Management for Organizations in the Knowledge Economy :- Amogu Uma K." Repository.mouau.edu.ng (2024). Accessed 23 Nov. 2024. https://repository.mouau.edu.ng/work/view/components-of-knowledge-management-for-organizations-in-the-knowledge-economy-amogu-uma-k-7-2