Knowledge Capitalism: The New Learning Economy

The increasing economic importance of knowledge is redefining firm-market boundaries, work arrangements and the links between education, work and learning. This article describes a framework for identifying organisational knowledge assets and learning needs, optimising knowledge supply and planning knowledge growth. The framework enables firms to improve their selection and deployment of internal and external knowledge resources and individuals to improve their career planning. It also assists learning institutions to tailor their products and services to the needs of individual and corporate knowledge consumers.