Knowledge Based Capital in Digital Age
- DOI
- 10.2991/aebmr.k.200730.021How to use a DOI?
- Keywords
- digital economy, netocracy, knowledge based capital, knowledge-driven society, human capital investments
- Abstract
The paper analyzes the socio-cultural changes that have occurred in the modern world. The trends and issues of digital society are investigated. The authors examine theoretical studies on the problems and prospects of development of world civilization. Having summarized the current views of researchers in various fields of knowledge, the authors have highlighted the “key points” of the modern digital age. The role of netocracy, “network production”, and “e-democracy” in modern societies is demonstrated. Special attention is paid to the formation and development of “knowledge based capital”. The strong correlation of modern economic models with the development of educational systems is emphasized. The architecture of the educational space in digital age is increasingly perceived not only as a place for the transfer and formation of highly professional knowledge and skills, but as a way of developing creative thinking and promoting the process of building individual trends of development and personal growth, and create a need for constant self-education. Such revolutionary changes in the traditional education system will increase the share of the domestic knowledge based capital.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - G.A. Bykovskaia AU - A.V. Babaeva AU - L.I Larina AU - W.D. Chernykh PY - 2020 DA - 2020/08/01 TI - Knowledge Based Capital in Digital Age BT - Proceedings of the Russian Conference on Digital Economy and Knowledge Management (RuDEcK 2020) PB - Atlantis Press SP - 114 EP - 118 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200730.021 DO - 10.2991/aebmr.k.200730.021 ID - Bykovskaia2020 ER -