This chapter examines diverse discourses of knowledge embedded in state policies set forth specifically to mobilize lifelong learning for the global knowledge economy. The discussion draws from the literature as well as examples of federal policy documents in Canada related to its Innovation Strategy launched in 2002. At least two broad policy directions have been at play in these policy docume...

When an academic, scientist, or research engineer harps on about the knowledge-based economy, it’s hard to take as anything other than shameless self-serving hyperbole. Knowledge is, after all, what these people are supposed to be producing, and now here they are, telling the rest of us that that’s what drives the economy. Combine those self-promoting tendencies with the superficial observation...

Knowledge is increasingly recognised as the key to determining competitiveness in the 21st century, emphasising the role of information, technology and learning in economic performance. The objective of this paper is to identify the importance and characteristics of a knowledge-based economy and to describe the current position of Korea in the process of transformation from a traditional resour...

The importance of knowledge management to business increases and there are few signs that the pace would slow down. This is due to the fact that more and more of the added value companies create is built on the tacit and explicit knowledge that individuals possess and create. The purpose of a company is, by its existence, to produce more value than individual actors operating alone. One of the ...

The “New Economy” is the most virulent part of the Knowledge-Based Economy. It is an important stepping-stone towards it. For this reason, many people wrongly believe that the “New Economy” is already the next stage of the economy. The New Economy is very visible, but so far it is still only a small part of the total economy. Nevertheless, there is no part of the economy that will remain untouc...

The IT productivity paradox has largely been resolved at the industrial level. At the firm level however, there is still much to understand regarding how IT contributes to firm performance. This paper investigates the performance impacts of two modes of IT valuation – efficiency and KM (Knowledge Management), by taking two external environmental factors – dynamism and hostility – into account. ...