A Re-Assessment of Knowledge from the Perspective of the Knowledge Economy

By Sai Loo.

Published by The Humanities Collection

Format Price
Article: Print $US10.00
Article: Electronic $US5.00

The knowledge economy is emerging and writers from various disciplines have written about it. The aim of this paper is to provide a definition of what knowledge is in relation to this new form of economy. It uses literature from writers across disciplines such as sociology, economics, and business management and empirical data. The writers include Bell (1973), Castells (2000), Lash and Urry (1994), Quah (1999), Knorr Cetina (2005), Nonaka and Takeuchi (1995), and Drucker (1993).

Using a relational approach, this article argues that there is a wide spectrum of views and that this emerging economy has no defined boundaries but connective dimensions with other styles of economies. Knowledge from the perspective of knowledge economy should also be viewed in a relational manner. Knowledge of science, technology, and culture industries are important. In addition to a definition of knowledge relating to the knowledge economy, this article also offers insights that are relevant for those people - creative knowledge workers – utilising such knowledge creatively to produce commercially viable products/services. The paper uses an example of such a worker to exemplify the types of knowledge required to carry out his/her role in the knowledge economy. It finishes with some implications for working and learning.

Keywords: Knowledge, Knowledge Economy

International Journal of the Humanities, Volume 9, Issue 2, pp.111-120. Article: Print (Spiral Bound). Article: Electronic (PDF File; 744.839KB).

Sai Loo

Lecturer, Department of Continuing and Professional Education, Institute of Education, University of London, London, UK

Before joining the Institute of Education, University of London to be involved in teacher education, Sai Loo taught accounting and finance at universities on undergraduate, postgraduate, and professional programmes, and vocational areas in further education. Before his involvement in education, he was employed in industry as a Chartered Accountant. Outside the Institute, he has been an external examiner of education programmes at higher education and co-chair of the London and South East Learning and Skills Research Network. His research interests include: teacher education, teacher knowledge and identities in the post compulsory sector, use of digital technologies, lifelong learning, and creative knowledge working in the knowledge economy. He has published widely in education journals such as Journal of Education for Teachers, International Journal of Lifelong Education, Journal of Education and Work, Journal of Further and Higher Education and Goldsmiths Journal of Education.


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