Knowledge
Economy
In a Knowledge
Economy, wealth could created through the exploitation of understanding
information. Understanding the links between High-Energy Physics and
Astrophysics resulted in the identification of 108 antimatter elements that
were incorporated into Periodic Table of Matter-Antimatter Elements,
discovery that comets were natural sources of
mirror matter,
and development of Mirror Energy technology that can convert matter
and mirror matter directly into electricity. The technology exits to
bring every country into twenty-first century without destroy our
environment.
The rules and practices, which were successful
during the Industrial Economy, are being rewriting in a World where
resources such as know-how can be more critical than economic resources. The
Knowledge Economy differs from the traditional economy in various ways:
Knowledge is not scarce, but is abundant in an
educated society. Sharing information has synergistic effects, which can
affect a country�s future existence.
Virtual marketplaces and organizations can be
created that benefits of speed and agility, such as round the clock
operation.
Depending upon a person�s intellectual attitude,
the same information or knowledge can have vastly different values.
Knowledge can enhance products or services and
can result people paying a premium over comparable products and services.
Knowledge and information go to where demand is
highest and the barriers are lowest as the Towers of Babble come tumbling
down..
The Knowledge Economy
requires new ways of thinking, different approaches by policy makers, and
senior executives. Leadership will be required to take risks that are
against the prevailing and slow changing attitudes and practices of existing
institutions and business practice. However, for countries to thrive in the
Knowledge Economy, educational institutions will also need to change to
ensure students and parents learn and dream as they take their journeys
though life. The World would be a far better place if everyone could live
their lives following their dreams.