Knowledge Transformation and Economic Development: The Role of Digital Technology- An Analysis

Gobind Herani (), Allah Wasayo Rajar, Noor Zaman and Adnan Alam
Authors registered in the RePEc Author Service: NZ Jhanjhi ()

MPRA Paper from University Library of Munich, Germany

Abstract: This paper assesses the role of evolutionary process in knowledge transformation and economic development, especially due to emerging diversified digital technology. Everywhere, in the world, ever-advancing digital technology is performing a revolutionary role in converting the world into a global village. The knowledge, scientific and non-scientific, is being transformed with an enormous speed through digital media. Getting education through technology is providing audio-visual way of enhancing knowledge. But digital technology has its positive and negative affects. It needs some positive steps to ensure the qualitative knowledge transformation. In this article copyrights of accessing computerized data is also discussed, which prevents legal transformation of knowledge for globalisation of the world, research based education, and economic development. There different views of different. Learned authors have presented different views for reflection and deeper understanding. This study, with brief history of knowledge transformation, is worthy of fruitful suggestions.

Keywords: Technology; Knowledge; Transformation; Scientific-Data; Research; Fair- Extract; Revolution and Low-Cost economic development (search for similar items in EconPapers)
JEL-codes: L86 M12 O33 (search for similar items in EconPapers)
Date: 2007, Revised 2007
New Economics Papers: this item is included in nep-ino and nep-knm
References: View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Published in Indus Journal of Management & Social Sciences Vol.1, No.1, (Spring) (2007): pp. 33-45

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Journal Article: Knowledge Transformation and Economic Development: The Role of Digital Technology- An Analysis (2007)
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