Economics functions within the knowledge system

Economics functions within the knowledge system

In the post-industrial economy, knowledge-related activities have been at the heart of efforts to create national wealth and maintain economic growth, in what is known as the (knowledge economy), (knowledge-based economy), (knowledge-based cosmic economy), (new network economy)) or in short ((new economy). The Organisation for Economic Cooperation and Development (OECD) has been defined as an economy in which the knowledge: dissemination and use of knowledge is a key driver of growth, wealth industry and job creation in all industries. In this regard, many writers and authors have referred to communication and information techniques as well as globalization as the main driver of this economy.

Around the world, museums and other cultural facilities are leading new regional and urban economic development processes. The strategic development of cities cannot take place without an appropriate role for culture and knowledge. Cities, city territories and new spaces are emerging, more than ever before, as units closely related to human communities. These vacuums play a crucial role in promoting new policies to support competitiveness and well-being. These vacuums have shifted from negative ranges of physical resource management to real active factors. In addition, knowledge and culture have evolved from being rigid productive factors, together with capital and work force, and a comparative advantage in the past, to being a vital component that supports the competitive advantage of the nation, region or city.

Unfortunately today, many cities around the world are dying. Recession is one of the most important problems faced by these cities. Some cities have reached the level of inability to renew their services, implement their infrastructure or invest in human capital. Consequently, these cities lose their appeal to citizens in general and to the young educated group in particular.

As a result, citizens leave the city where they went to school, grew up in the shadows and felt that they had the status of a large house.

So we may see the space between intelligence (what we know) and ignorance (what we don't know we don't know) as an opportunity to explore the city of future knowledge. This space is an opportunity for entrepreneurship in society, adding to the development of the city of knowledge. These questions, which can be considered science and art, can be a principled dimension of stimulating and provoking reason. However, what are the most important questions to be asked to stimulate the thinking process of what lies in the cities of knowledge? Here are some suggestions:

Who rules today? What do we know about knowledge cities versus, what we do not know about these cities? What are the most important features or features of the City of Knowledge? What guides the rise and rise of the city of knowledge, which can be called supply or demand factors? If you are migrating to another city, what are you looking for in this city? If you are staying, what do you value most in your city? What makes your city attractive to the creative class of knowledge workers? How do we turn the traditional cargo port into a knowledge port? What kind of social innovations do we see today in The City of Knowledge? If your city went on sale, were you buying it? Has there been logic of value or patterns of creative intelligence in society, which calls for entrepreneurship in this society. Finally, what is the future profit potential, or the roots that create the fruits of the city of knowledge?

One of the tasks of the economy is to find a way to integrate the means of production in the most efficient way. This requires a specificity of the factors of production necessary to create a value-making system, as well as the appropriate context. As Liv sees it, today we can observe in many organizations that the expression of knowledge, as a factor of production, has become more widespread over time. Carrillo refers to knowledge as an event whose main elements are: (acting by it) the same knowledge (ideas, images, presentations), (actor) knowledge (agent who performs the act) and (context) knowledge of a reference nature (giving meaning to possible relationships related to the event). Knowledge-based development includes specific value groups, agents and beneficiaries of the knowledge system.