(Lecturer), Ethiopia, Oromoa, Addis Ababa
Online published on 20 June, 2019.
Today, more than ever, before the concept of knowledge and knowledge economics are dominating our glob. Different universities and colleges are ‘bringing into being’ tremendous number of workers annually. However, the basic limitation organizations and countries are facing is that no one still able to compute the amount of this knowledge wealth in terms of money even though it directly impacts the GDP level of the respective nation. There is also no significant formula to compute this knowledge wealth. The rationale behind this paper, therefore, is to help organizations and/or nations in granting ‘knowledge Wealth computation equation’ so that they can at least estimate the knowledge wealth they have currency-wise.
Knowledge, Knowledge wealth, Factors that accelerate or decelerate knowledge wealth, Knowledge wealth index, Knowledge GDP (knowledge per capita)