Summary of Knowledge Capitalism

Business, Work, and Learning in the New Economy

Oxford UP, more...

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Knowledge Capitalism book summary
Get your company ready to trade in the currency of the future: Knowledge.

Rating

6 Overall

4 Applicability

6 Innovation

6 Style

Recommendation

This book falls squarely into the apocalyptic tradition of business literature. It preaches the end of the world, and exhorts readers to repent and prepare for a new world unlike anything they have known. Burton-Jones has absorbed, organized and presented a mass of data to support his message. The data themselves are worth the price of the book, because they provide ample raw material from which to draw one’s own conclusions about the validity of the author’s thesis. He has trademarked certain key phrases in the book, and the frequent appearance of the superscript "TM" is a helpful reminder to the reader to remember that this book is at least in part a sales pitch for a consultancy practice. But it is nonetheless important to read this book because while Burton-Jones may be wrong about some things, he is clearly right that a big global economic change is underway, and he sets forth in clear, if colorless, prose a reasonably plausible explanation of what it is and why it is happening. getAbstract recommends the book to owners, managers, individuals, students, teachers, and policy-makers.

In this summary, you will learn

  • What “knowledge capitalism” is
  • Why you should highly prize and pursue employees with critical knowledge
  • What sources of knowledge you can use
  • Why continuing education will become increasingly important for workers who wish to remain marketable
 

Summary

The Knowledge Revolution
The old world, a world in which the mastery of material things led to wealth and power, has lasted for thousands of years. But that world is ending, and it is about to be replaced by a new world in which knowledge will be the key to riches. The knowledge revolution...
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About the Author

Alan Burton-Jones, formerly Business Development Director of British Oxygen’s London-based computer services subsidiary, now heads an international IT and management consultancy practice headquartered in Australia and frequently speaks at business and technical conferences.


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