The information economy discourse and the transformation of the ways in which we work, network, socialise and experience leisure delineates knowledge and information as a new form of social and economic capital that has re-configured and re-structured the workings of the global economy. It propounds a seismic shift and a structural re-shaping of the global market place, emphasising the exchange and circulation of knowledge and information and the incumbent transformations and complex production networks and communication practices they enable. These discourses often portend immense and overarching economic and social changes between and within developed and developing nations. These meta-narratives are equally located through the discourses of paradigm shifts where technological advancements in information and communication technologies (ICTs) are seen as an agency for change as well as a platform for opportunities, vulnerabilities and exploitations between economies, cultures and societies. This paper provides an overview of the information/knowledge economy discourse and evaluates the constraints and challenges posed by the information economy.
|Keywords:||Information Society, Knowledge Society, Information and Communication Technologies, Technological Discourses, Communication Networks|
Reader in International Business and Communications, Business and Management School, Queen Mary, University of London, London, UK
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