Understanding and interpreting the drivers of the Knowledge Economy

  • Mohan R. Gurubatham
Conference paper
Part of the IFIP International Federation for Information Processing book series (IFIPAICT, volume 161)

Abstract

The Knowledge Economy (K-economy) is much heralded as enabling the death of distance, the opportunities and promise of human capital development via life long learning and e- learning, the development of learning communities and knowledge enrichment of communities through community portals, to mention a few of the implications. It is certainly quite obvious that the K-economy is much more, than just technological software or hardware. The enablement of knowledge acquisition and utilisation, so that information can be effectively, efficiently and meaningfully transformed into wisdom, is examined along two fronts: 1. Which drivers induce the diffusion and adoption of ICT globally? What attitudes and competencies facilitate or impede the adoption process? The notion of cognitive literacy will be examined in this context. 2. What are the needs and wants of knowledge societies that can be facilitated as design features for learning by understanding the subtleties of the dimensions of culture both from national and organisational perspectives? An ecotextural paradigm is used to frame the discussion of the integral role of enabling technologies, in learning, personal and cultural enrichment. It is envisaged that the role of both affective and cognitive dimensions will be validated in wisdom attainment as the fulfilment of the Knowledge Society.

Key words

cognitive literacy knowledge economy drivers schema transcend value adds 

References

  1. Alexander C N (1993). Transcendental meditation. In Corsini, R J (Ed.), Encyclopedia of Psychology, (2nd ed.), New York, Wiley Interscience.Google Scholar
  2. Broome, R., Orme-Johnson, D. W., & Schmidt-Wilk. J. (in press) Worksite stress reduction through the Transcendental Meditation program. Journal of Social Behavior and Personality.Google Scholar
  3. Chandler, H. M., Alexander, C. N., & Heaton, D. P. (in press). Transcendental Meditation and postconventional self-development: A 10-year longitudinal study. Journal of Social Behavior and Personality.Google Scholar
  4. Guo Liang (2003) The Cass Internet Report 2003: Surveying Internet Usage and Impact in Twelve Chinese Cities, Chinese Academy of Sciences, Beijing.Google Scholar
  5. Gurubatham, M. R. (2001) Maximising Human Intelligence Deployment in East Asia-The 6th Generation Project, Palgrave, London.Google Scholar
  6. Hofstede G. (1980) Culture’s Consequences: International Differences in Work-related values. Beverly Hills: SageGoogle Scholar
  7. Hofstede, G. (1991). Cultures and Organisations: software of the mind. London: McGraw-Hill.Google Scholar
  8. Hall ET (1976) Beyond Culture. New York, Anchor Books.Google Scholar
  9. Kannan, G. and Akhilesh K.B. (2002). Human capital knowledge value added: A case study in infotech. Journal of Intellectual Capital, Bradford. Vol.3, Issue 2: pp. 167–180.CrossRefGoogle Scholar
  10. Langer Ellen J. (1997) The Power of Mindful Learning. New York: Addison-Wesley Publishing Company Inc.Google Scholar
  11. Orme-Johnson, D.W. (1973). Autonomic stability and Transcendental Meditation. Psychosomatic Medicine, 35, pp. 341–349.Google Scholar
  12. Romer, Paul M., (1986) Increasing Returns and Long-Run Growth. Journal of Political Economy 94(5), pp. 1002–37.MathSciNetCrossRefGoogle Scholar
  13. Romer, Paul M., (1990) Endogenous Technological Change. Journal of Political Economy98(5), pp. 71–102.CrossRefGoogle Scholar
  14. Salomon, G., & D. P. Perkins (1989) Educational Psychologist, 24(2), pp. 113–142.CrossRefGoogle Scholar
  15. Schmidt-Wilk, J. (2000). Consciousness-based management development: Case studies of international top management teams. Journal of Transnational Management Development,5(3), pp. 61–85.CrossRefGoogle Scholar
  16. Senge P, George R & Bryan S (1999) The Dance of Change; The Challenges of Sustaining Momentum in Learning Organizations. New York: Doubleday.Google Scholar
  17. Zajonc, R (1980) Thinking and Feeling: Preferences Need No Inferences. American Psychologist 35, pp. 151–175.CrossRefGoogle Scholar

Copyright information

© International Federation for Information Processing 2005

Authors and Affiliations

  • Mohan R. Gurubatham
    • 1
  1. 1.International Business SchoolUniversity Technology MalaysiaKuala LumpurMalaysia

Personalised recommendations