The role of libraries in the knowledge economy

The knowledge economy and the growth of knowledge management, as an essential competency of organizations, provides new opportunities for librarians and information specialists to expand existing roles and utilize the skills they have honed to meet corporate objectives. The key information management role of both internal and external information, alongside the contribution to information competence and the ability to contextualize information, contributes to organizational excellence, customer benefit and competitive advantage which can be achieved more effectively through collaboration and partnership.