ⓘ Knowledge economy ..

Computational knowledge economy

The computational knowledge economy is an economy where value is derived from the automated generation of knowledge. The term was coined by Conrad Wolfram to describe the extension to the knowledge economy caused by ubiquitous access to automated computation. Wolfram argues "The value- chain of knowledge is shifting. The question is not whether you have knowledge but know how to compute new knowledge from it, almost always applying computing power to help."

Knowledge assessment methodology

The knowledge assessment methodology is "an interactive benchmarking tool created by the World Banks Knowledge for Development Program to help countries identify the challenges and opportunities they face in making the transition to the knowledge-based economy." KAM does so by providing information on knowledge economy indicators for 146 countries. Its products include the Knowledge Economy Index and the Knowledge Index.

Knowledge commons

The term knowledge commons refers to information, data, and content that is collectively owned and managed by a community of users, particularly over the Internet. What distinguishes a knowledge commons from a commons of shared physical resources is that digital resources are non-subtractible; that is, multiple users can access the same digital resources with no effect on their quantity or quality.

Knowledge Economic Index

The Knowledge Indexes were designed as an interactive tool for benchmarking a countrys position vis-a-vis others in the global knowledge economy. It was created by the World Bank Institute using the Knowledge Assessment Methodology.