The Economic Impact of Knowledge


  • Dale Neef, Strategic management consultant
  • Tony Siesfeld, Ernst & Young
  • Jacquelyn Cefola, Ernst & Young

Series: Resources for the Knowledge-Based EconomyWhat happens to our understanding of economics when the vast majority of people within our economy are employed to create ideas, solve problems, or market and sell services rather than to produce tangible goods? How do we measure non-financial "intangibles" such as human capital or the effect of R&D? This anthology explores how economists and public policy makers are re-thinking the way in which governments measure, monitor, and influence an economy in an unbounded global environment where output is largely intangible and organizations are becoming increasingly "non-national" in scope.Through a collection of seminal articles written by prominent business people, academics, and public policy makers, this three-part anthology examines the key issues surrounding the economic impact of knowledge-based growth, including:* preparing for the effects of technological change* understanding the change in traditional economic theory* how Research and Development will be affected* who will be the global "knowledge police"?Most business people think of economics in terms of growth, interest rates, and inflation. This book is unique in that it focuses on the economic impact of knowledge-based growth in order to provide business people with a bigger picture of the knowledge management case for action with their organizations.
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Knowledge managers, leaders, human resources


Book information

  • Published: July 1998
  • ISBN: 978-0-7506-7009-8

Table of Contents

*Part 1: The Effect of Knowledge on National Economies: Section 1: Knowledge-Based Growth and the Accelerated Pace of Change *Section Two*Convergence:Global Competition in the Knowledge-Based Economy *Section Three; Technology, Research & Development, and Economic Growth *Section Four: Who Will be the Global Knowledge Police *Part 2:A Tool for Businesses in the Knowledge-Based Economy *Section Six: What is Knowledge: How Has it Fit into an Economic Framework? *Section Seven: The The New Economies of Knowledge *Section Eight: Strategies for the Knowledge-Driven Market *Part 3: The Measurement of Knowledge *Section Nine: Knowledge Management Issues *Section Ten : The Value of Knowledge *Section Eleven: Tools and Frameworks