Knowledge Economy Knowl Work

3 Credits · Level: Graduate

This course introduces students to a definition and characterization of the 21st century knowledge economy. While the course recognizes the role that technology plays in enabling the knowledge economy, the focus is on the shift from physical and financial capital to knowledge as the primary asset. When knowledge is the primary factor of production, work changes, how we manage organizations changes, our definition of capital investment and growth change. What does this mean for career paths, for who we work with, and for where, when and how we learn. What does this shift mean for the future of private sector, public sector, non-profit, and community-based businesses? Students will critique two case studies related to the “new economy”. For their course project, students will select an industry or economic sector and explain how the knowledge economy will change the market, work, workers, and products and services.