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Note added at 2 hrs 33 mins (2005-05-09 08:00:29 GMT)
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***Knowledge***

Is built up from interaction with the world, and is organised and stored in each individual\'s mind. It is also stored on an organisational level within the minds of employees and in paper and electronic records. Two forms of knowledge can be distinguished: tacit, or implicit knowledge, which is held in a person\'s mind and is instinctively known without being formulated into words; and explicit knowledge, which has been communicated to others and is held in written documents and procedures. Organisations are increasingly recognising the value of knowledge, and many employees are now recognised as knowledge workers.
Source: Economist.com | Business encyclopedia | Dictionary [link to external website] (premium content - access is login restricted)
Date of access: 24 March 2004.


***Knowledge society***

A society that creates, shares and uses knowledge for the prosperity and well-being of its people.
Source: Ministry of Education, Interim Tertiary e-Learning Framework 2004.

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Note added at 2 days 5 hrs 0 min (2005-05-11 10:27:44 GMT) Post-grading
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