Archive for September, 2011
Get the Most From the ‘knowledge Economy’
Get the Most From the ‘knowledge Economy’
Copyright (c) 2008 Alex Robinson
Take something from where it is plentiful and sell it somewhere where it is scarce. This has been the way of making money for centuries and as a stroll around any container port will quickly show, it’s still with us. It is however, far from the only game in town as far as the world economy is concerned.
These days it is increasingly the case that something more intangible, namely knowledge, is being bought and sold. This is of course nothing new, knowledge has been always been seen as a valuable asset. However the big challenge was always how to successfully transport, or rather transmit, it. Successive waves of technological advances brought novel answers to this question, with each new wave widening the pool of potential ‘knowledge workers’.
At the risk of oversimplification we could say that the path towards wider access to knowledge went something like this: Oral transmission, written transmission, printed transmission, auditory electronic transmission and audiovisual electronic transmission. While each of these contributed greatly to the dissemination of knowledge they all had severe limitations. In the case of the first two the main problem was reach. There are only so many people that one individual could speak or write to. In the case of the last three the problem was one of access. Access to printed and electronic media has traditionally been the preserve of rich, influential and powerful people who used ‘gatekeepers’ to determine exactly what could be printed, published and broadcasted. This is all changing due to yet another technological revolution: the rise of the internet.
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Thanks to the internet ‘democratisation of knowledge’ is in full effect, and now just one person can reach out to far more people and make themselves heard. This means that the trade in knowledge can finally move beyond the constraints (reach and access) mentioned above. With a few basic pieces of equipment it is now just as easy to communicate with someone on the other side of the world as with someone on the other side of your city.
This brings me full circle to the basic definition of trade used at the beginning: Take something from where it is plentiful and sell it where it is scarce. Unlike the past, we now have the ability to do this with knowledge. Allow me to personalise this for a moment: It is now possible to take knowledge from where it is plentiful (i.e. your head or even your hard drive!) and connect it with the people that need it most. This can be done without having to write books thick as doorstops or having to gain access to as many television studios as possible.
Economists often talk about the ‘Knowledge Economy’ as a way of describing the economic model that is emerging as a result of the way in which knowledge can be accessed and traded as never before. I want to encourage you to think deeply about the implications of the Knowledge Economy for you personally since it is indeed possible to translate it from just another ‘high faluting’ theory into something that can make a real difference to your own life. Consider for a moment the amount of knowledge and experience that you have built up over your lifetime and how this can benefit people who are still starting out along the roads that you have already travelled. It is quite likely that such people would be willing to pay good money to ‘tap your brain’. It is now possible for you to make this happen, allowing you to benefit handsomely from the process. How is this possible? Simple: Use the internet to help people by selling them your own knowledge!
It used to be said that ‘Knowledge is Power’ and this is still the case. However the rise of the Knowledge Economy means that you can benefit from a life of learning to such an extent that it may become possible for you to rephrase this maxim into: Knowledge is wealth!
Are you keen to find ways in which you can capitalise on the experience and knowledge that you accumulated over a lifetime? The internet makes it possible to sell your knowledge to those who need it most. Please visit http://www.doxmart.com for practical advice on how this can be done.
Source: ArticlesBase.com
Two basic types of knowledge – Tactic and Explicit Knowledge
Two basic types of knowledge – Tactic and Explicit Knowledge
What is Knowledge? This article will not be didactic if I just proceed without tell you or explaining the meaning of knowledge.
According to thefreedictionary.com, knowledge means the state or fact of knowing, familiarity, awareness, or understanding gained through experience or study; the sum or range of what has been perceived, discovered, or learned; Learning; erudition: teachers of great knowledge; Specific information about something; Carnal knowledge.
The Oxford English Dictionary defined it as (i) expertise, and skills acquired by a person through experience or education; the theoretical or practical understanding of a subject, (ii) what is known in a particular field or in total; facts and information or (iii) awareness or familiarity gained by experience of a fact or situation. Philosophical debates in general start with Plato’s formulation of knowledge as “justified true belief”. There is however no single agreed definition of knowledge presently, nor any prospect of one, and there remain numerous competing theories.
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There are two types of knowledge. The first is explicit knowledge. Explicit knowledge are shared in form of formulae, specifications of products, manuals, universal laws, etc. One feature of this type of knowledge is that it can be transferred from one individual to another either systematically or formally. This is common in the western world.
The other type is tactic knowledge. This type is quite personal and hard to transfer. It is not really easy to share this type with others. It is deeply embedded in an individual’s actions which he or she may have acquired over the years by experience. This type of knowledge includes the skills or technical know how of an individual. Most skill persons develop avalanche of expertise after a reasonable number of years. Most often, the skilled personality in this category have difficulty articulating the technical or scientific principles behind what they can do and what they know.
While Tacit knowledge contains an important cognitive” dimension. It also consists of, perceptions, , values, emotions and mental models so ingrained in us that we take them for granted. Though they cannot be articulated very easily, this dimension of tacit knowledge shapes the way we perceive the world around us.
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Source: ArticlesBase.com