...the dissemination of knowledge and employment and production in areas all of them. Forcing all institutions to innovation, creativity and responsiveness to the needs of the consumer or user. Have an impact in determining: growth, production, employment, and skills required.Gives consumers greater confidence and greater choice. Up to each store and the Office of Management and School. To achieve exchange electronically.? - Change the old job, and create new jobs. Based on the dissemination of knowledge and employment and production in areas all of them. Forcing all institutions to innovation, creativity and responsiveness to the needs of the consumer or user. Have an impact in determining: growth, production, employment, and skills required.Gives consumers greater confidence and greater choice. Up to each store and the Office of Management and School. To achieve exchange electronically.? - Change the old job, and create new jobs. Based on the dissemination of knowledge and employment and production in areas all of them. Forcing all institutions to innovation, creativity and responsiveness to the needs of the consumer or user. Have an impact in determining: growth, production, employment, and skills required.Gives consumers greater confidence and greater choice. Up to each store and the Office of Management and School. To achieve exchange electronically.? - Change the old job, and create new jobs. Based on the dissemination of knowledge and employment and production...
Words: 289 - Pages: 2
...Reaction Paper: A Roadmap to the Philippines' Future: Toward a Knowledge-Based Economy The presentation discussed basic information about the Philippines' plan on building the Knowledge-Based Economy (KBE) as part of the Medium Term Development Plan by the Arroyo administration. In the discussion, the author identified the four pillars of KBE which shall serve as the foundation for knowledge-driven development process. It was emphasized in the process that the key for relevant economic development for the country is when the people are able to acquire, create, disseminate and apply knowledge to uplift the status of their lives. It is seen as possible answer to the long-running problem of the country on poverty issues, necessary to enable Philippines to face new global challenges and trends specifically on economic development. In the presentation, the author also present the existing educational setup of the Philippines which gearing toward the attainment of the KBE. The Philippines created a trifocalized system of education system where the basic education, higher education and technical-vocational education are working together synchronously. Its objective is to develop educated and innovative workforce with relevant knowledge, skills and attitude which could be offered both in domestic and foreign job market. But this move and the present educational achievements (i.e. ladderization, student assistance program, ETEEAP) of the Philippine education system is not enough...
Words: 666 - Pages: 3
...influenced by global economic trends and distortions in the economy that occurred under colonial and apartheid governments during the 20th century (Turok, 2008). Consequently, the South African economy was unprepared for its re-entry into the global economy after 1990, so today the country attempts to compete with other countries on the basis of an under-developed socio-economic infrastructure (Abbott, Goosen and & Coetzee, 2013). Traditionally, there are three economic sectors in a country i.e. agriculture; the primary sector, manufacturing; the secondary sector, and services; the tertiary sector. The knowledge economy is known at the quaternary...
Words: 973 - Pages: 4
...transaction processing system (records data of basic transactions in the business), Electronic Commerce systems ( B2B, B2C, C2C which is doing business online whether it is business to consumer, vice versa or consumer to consumer- Amazon and Ebay are great examples of companies that combine all 3 aspects of e-commerce) Expert systems (which tries to duplicate the work of humans). Other types of informational systems exist, but I limited to three I found most important to managers and their business. Chapter two goes more in depth regarding real world simulations. Beginning of the chapter compared and contrasted the old vs. the new economy which is digitalized. The digital economy is the basics of business electronically. Such as buying, selling, exchanging of goods servicing and more. Certain businesses rely on the broad and revolutionary new economy to prosper. Some businesses have little to no physical store, but have a wide range of loyal customers who purchase products online. For example Johnny Cupcakes is a clothing company that just recently began to expand, but its origin started with one salesman and one retail store, but became very successful selling online....
Words: 544 - Pages: 3
...also servicing customers, collaborating with business partners, conducting e-learning and conducting electronic transactions within an organization. 2 E-Business EC can take several forms, depending on the degree of digitization of the Product (service) sold The process e.g. ordering, payment, fulfilment etc. The delivery method. 3 A product may be physical or digital, the process may be physical or digital and the delivery method may be physical or digital. In traditional commerce, all dimensions are physical. In pure EC, all dimensions are digital. All other dimensions are partial EC. 4 EC Organizations Purely physical organizations are referred to as brick and mortar (old economy organizations), whereas companies that are engaged in only EC are considered virtual or pure-play organizations. Clicks and mortar organizations are those that conduct some EC activities, usually as an additional marketing channel. 5 Classification of EC by the Nature of the Transactions and the Relationships Among Partners B2B B2C All participants in B2B EC are either businesses or other organizations. B2C EC includes retail transactions of products or services from businesses to individual shoppers. Also called e-tailing. In B2B2C EC, a business provides some product or service to a client business. The client maintains its own customers who may be its own employees, to whom the product or service is sold...
Words: 2480 - Pages: 10
...3 Global challenges, need for R&I and economic dimensions of Digital Technology AUTUMN 2013 Copyright © ARTEMIS Industry Association & ITEA Office Association Permission to reproduce any text from this publication for non-commercial purposes is granted, provided that the source is credited. First edition, autumn 2013 www.artemis-ia.eu & www.itea2.org ISBN: 978-90-817213-2-5 5 Preamble This updated document1 is the joint result of the industry represented in the ARTEMIS Industry Association and ITEA and expresses the common industry ambition. Its creation was initiated by the ARTEMIS ITEA Cooperation Committee (AICC). The main goal of this update of the ITEA-ARTEMIS high-level vision 2030, version 2012 is to add a quantitative description of the impact of software innovation on revenues and labour. There are also other aspects of the impact of software innovation, like eco-systems, community building and standardisation. However these are not the focus of this year’s update. Disclaimer The trends and predictions presented in this document are based on publicly available sources. We rely on these sources, without independent verification of the information presented. The nature of this document is for a large part rather a compilation of existing material, than a reinvention of insights. The statements made by Roland Berger Strategy Consultants are based on assumptions held to be accurate on the basis of the information available. However, Roland Berger Strategy...
Words: 19271 - Pages: 78
...Information Rules A STRATEGIC GUIDE TO THE NETWORK ECONOMY Carl Shapiro Hal R. Varian HARVARD BUSINESS SCHOOL PRESS BOSTON, MASSACHUSETTS Copyright © 1999 Carl Shapiro and Hai R. Varian All rights reserved Printed in the United States of America 03 02 01 00 99 5 Library of Congres§ Cataloging-in-Publication Data Shapiro, Carl. Information rules : a strategic guide to the network economy / Carl Shapiro and Hal R. Varian. p. cm. Includes bibliographical references and index. ISBN 0-87584-863-X (alk. paper) 1. Information technology—Economic aspects. 2. Information society. I. Varian, Hal R. II. Title. HC79.I55S53 1998 658.4'038—dc21 98-24923 GIF The paper used in this publication meets the requirements of the American National Standard for Permanence of Paper for Printed Library Materials Z39.49-1984. To Dawn, Eva, and Ben To Carol and Chris Contents Preface ix l The Information Economy 2 Pricing Information 19 3 Versioning Information 53 4 Rights Management 83 5 Recognizing Lock-In 103 6 Managing Lock-In 135 7 Networks and Positive Feedback 173 8 Cooperation and Compatibility 227 9 Waging a Standards War 261 297 10 Information Policy viii I Contents Further Reading 319 Notes 327 Bibliography 329 Index 335 About the Authors 351 Preface Luck led us to write this book. Each of us became economists because we wanted to apply our analytical training to better understand...
Words: 108016 - Pages: 433
...‘Knowledge economy’, is an economy that creates, manages and uses knowledge for growth. Intellectual property embraces the results of human creative endeavors including literary and artistic works, performances of performing artists, sound recordings, broadcasts, inventions, industrial designs, trademarks and service marks, protection against unfair competition, undisclosed information, geographical indications, layout designs of integrated circuits and new varieties of plants. The law of intellectual property recognizes and protects, among other things, the rights of the creators encouraging them to further their creative efforts and facilitating the dissemination and application of the results of creative efforts for the benefit of both creators and society as a whole. The areas such as promotion of national creativity, protection and management of the results of creativity, facilitation of transfer and management of technology, attraction of investment, enhancement of R&D activities, development of human resources and stimulation of entrepreneurship are some of the essential components of an environment conducive to a knowledge economy. Intellectual property which concerns creation, management and protection of knowledge can greatly contribute to developing and maintaining such an environment.The economic dynamism of intellectual property is multi-faceted. A few of them may be briefly highlighted as follows. Incentive for inventiveness It is the human experience...
Words: 1962 - Pages: 8
...Macroeconomic Assessment For Internet Industry Staci Sulhoff BusA 6900 – Strategic Management 5 September 2015 Author Note Contact Information: Staci Sulhoff; Voice: 706.878.9802; email: ssulhoff0627@lions.piedmont.edu Macroeconomic Assessment For the Internet Industry The face of the Internet has changed vastly since its inception approximately 30 years ago. From the humble beginnings of a network for universities in the early 1980’s came the ability for connecting multiple networks and the need for Internet Service Providers (ISP) in the late 1980’s. To say that this industry has had exponential growth is an understatement. The invention of the World Wide Web brought us into the modern Internet. No longer is it a solely a means of transporting messages. In the 1990’s it became widely known as the information superhighway. Vast amounts of information combined with the development of the search engine made the Internet a powerful resource. Meanwhile, exponential technology developments made it possible for virtually all households to own a personal computer. In the mid 1990’s electronic retail, now commonly called ecommerce, began to take hold. Companies like Amazon and EBay developed their online shopping retails with limited products and the prediction that online retail would have a growth rate of 2000% (Stone, 2013). Online purchasing continued to grow and develop in everyday consumer transactions like online banking, purchases, and video...
Words: 1692 - Pages: 7
...resubmission PO Box 1014 Postal Address E-Mail Lydenburg 1120 Knaidoo6@oldmutual.com (Work) 013 759 1772 (Home) Contact Numbers Course/Intake (Cell) 076 728 7268 PGDBM January 2016 Intake Declaration: I hereby declare that the assignment submitted is an original piece of work produced by myself. Signature: K.Naidoo Date: 15/04/2016 3 Table of contents 1. Assignment questions 2. Answers 3. Bibliography 4 QUESTION 1 (50) Individuals and organisations are entering an era where adapting to a developing learning society and a knowledge economy forge the way for many organisations. In the case above, Finland has realised the benefits of a knowledge-based economy. Bearing this in mind: 1.1 Critically discuss how effective HRD practices and an effective HRD strategy in the workplace can provide the levers of control for the future of a growing knowledge-economy in countries like South Africa, Russia and the country in which you reside. (30) 1.2 Discuss the impact of linking HRD to the key strategic drivers of an organisation’s macro- and micro-environment in order to deliver the advantageous returns of HRD. (20) QUESTION 2 (50) In the case of South Africa, which is a developing African country, skills development legislation has fundamentally changed the face of education and training. In light of this statement: 2.1 Critically discuss the...
Words: 4434 - Pages: 18
...Conclusion 5 References 6 Appendix 7 Introduction We are said to live in a new economy. According to Tapscott (1996), the new economy is also a knowledge economy based on the application of human know-how to everything we produce and how we produce it. He also said that more and more of the economy’s added value will be created by brain rather than by brawn. So, what is value added anyway? In his book, Stewart (1997) mentioned that value added in statistician-speak is the difference between the cost of materials and supplies and the price received for finished goods. In a simple word, the value added is the extra value we add into product or services that increase the overall value of it. Then, we have come to the question of how we add the value to our product and services? According to Stewart (1997), again, knowledge has become the primary ingredient of what we make, do, buy and sell. As a result, he said, managing it has become the most important economic task of individuals, businesses and nations. So, it is clear that involvement of this subject matter in micro level up to the macro level is very crucial. The Summaries From article of Expert: Innovation propels changes in world economy by Suraj Raj, Kathleen Kingscott, director for worldwide innovation policy at International Business Machines Corp (IBM), believes innovation is propelling changes in world economy. Like she said, “Innovation is the intersection of invention and insight to create a...
Words: 1125 - Pages: 5
...7.1 Knowledge workers Course: managing and developing organizational capabilities Module Code: BS3S04 Lecturer: Dr Isabel Martins Student number: Liang Yue (09067353) Wang Yue (09067256) Liu Dan (09066837) Song Jixiang (09066934) Shi Yuexizi (09067213) Word:1583 The importance of knowledge worker Before we discuss this issue, we should comprehend a concept-"knowledge worker". That is extremely significant to you to comprehend the whole article. Peter Drucker (1959), who was the first person come up with this term, explained that:"one who works primarily with information or one who develops and uses knowledge in the workplace." Jeremy Rifkin（1995）described this concept more specific, "creators, manipulators and purveyors of the stream of information that makes up the post-industrial, post- service, global economy. High-knowledge workers such as lawyers, doctors, scientists, teacher and clerics have been around for a long time. However the number of them has increased steady in the past 100 years. They are both knowledge workers—people who do much of their work with their hands (and to that extent are the successors to skilled workers), but whose pay is determined by the knowledge between their ears, acquired in formal education rather than through apprenticeship. From the above definition, we can have a rough understanding of knowledge worker...
Words: 1981 - Pages: 8
...employees want to control more than the “Stop” button on the assembly line. The twentieth century saw nations around the world become part of the global village, with trade barriers between them reduced or removed completely. Globalization of trade and economy are taking deep roots in India. The holistic paradigm shift to a single global company has opened up new economic opportunities. Events of the last five years of the previous century have focused our attention on knowledge industries. Quality human resources have therefore become an important base with which to respond to the emerging environment. The knowledge workforce in particular has a vital role to play in the emergence of the digital economy. A look at the trends in managing people in this dynamic industry reflects that Attracting, Managing, Nurturing talent and Retaining people has emerged to be the single most critical issue in lieu of the enormous opportunities spun off by the market. The new avatar of talent is the knowledge professional who is innovative, business savvy, quick on the uptake, has an instinctive ability to network, and possessing unbridled ambition. They are propelled by an urge to experiment, scan new avenues that can spur their creativity. The knowledge professional will gravitate to an organization that is flexible, has strong values, a robust performance...
Words: 877 - Pages: 4
...employees want to control more than the “Stop” button on the assembly line. The twentieth century saw nations around the world become part of the global village, with trade barriers between them reduced or removed completely. Globalization of trade and economy are taking deep roots in India. The holistic paradigm shift to a single global company has opened up new economic opportunities. Events of the last five years of the previous century have focused our attention on knowledge industries. Quality human resources have therefore become an important base with which to respond to the emerging environment. The knowledge workforce in particular has a vital role to play in the emergence of the digital economy. A look at the trends in managing people in this dynamic industry reflects that Attracting, Managing, Nurturing talent and Retaining people has emerged to be the single most critical issue in lieu of the enormous opportunities spun off by the market. The new avatar of talent is the knowledge professional who is innovative, business savvy, quick on the uptake, has an instinctive ability to network, and possessing unbridled ambition. They are propelled by an urge to experiment, scan new avenues that can spur their creativity. The knowledge professional will gravitate to an organization that is flexible, has strong values, a robust performance...
Words: 877 - Pages: 4
...CERTIFICATE IN KNOWLEDGE MANAGEMENT Intake 52 – 14th January 2008 to 18th January 2008 JT FRANK ACADEMY SDN. BHD A STRUCTURED APPROACH TO INIATE THE PRACTICE OF KNOWLEDGE MANAGEMENT AND TO NURTURE ILHAM MARA INTO A K-BASED ORGANISATION AZLINA BINTI MOHAMAD CIKM-52KL0629 ACKNOWLEDGEMENT In the name of Allah, The Compassionate, The Merciful… It is difficult to execute the Practice of Knowledge Management given by MARA without the collective commitment of MARA staff members. It requires a high level of positive mindset and pro-active approach in managing to the target groups. I would like to express my utmost gratitude to the MARA Human Resource Director, Encik Ibrahim bin Ahmad for the trust given by him and of course to make this project in the line of successful. To MARA Staff Training Institute, Encik Nor Hashimi bin Mahat for given me the chance for attending this course and to execute this project. I would also like to thank the members of JT Frank Academy Sdn Bhd for their hospitality and helpful in making my project successful. My special thanks would definitely goes to the Chief Knowledge Architect, Dr Frankie Ow for the most best guidance and as well to Mr Moi Kok Wah for the patience and great journey to the knowledge management. I am indeed grateful to the members of CIKM and colleagues of ILHAM for their continuous dedication, help and commitment to grant the successful of POKM...
Words: 2198 - Pages: 9
