Movement and transformation of knowledge in the economy

Abstract

The dynamic aspect of a knowledge-based economy is explored in the article. For this purpose, the content of the concept «knowledge» is disclosed, and its various forms are given. Particular attention is paid to the analysis of the process of movement (circulation) and the transformation of knowledge at the macrolevel and level of organizations. Circulation of knowledge in the economy is characterized as a process of successive passage of certain stages and return to the initial stage, but already at a qualitatively new turn of the movement. At each of these stages, knowledge is appropriately transformed, resulting in a change in its form, socio-economic and functional characteristics. The dynamic approach proposed by the authors to the study of a new model of the economy made it possible to more fully reveal its essential features, to comprehensively characterize the economic foundation of a postindustrial society. On the basis of this approach, a conclusion is made about the economic role of knowledge in the postindustrial economic system. The article substantiates the need to manage the circulation of knowledge as an innovative process, examines the opportunities and forms of managing the transformation of knowledge at the macro and micro levels of the economy.