Knowledge Management (KM) Practices in Education and Learning: Establishing a Knowledge Economy in Saudi Arabia

Abstract

Knowledge-management (KM) has received much attention because of the rapid growth of computers and information technology in shaping products and services. While new learning and innovations added value to the existing products and services, they also added a new dimension to economy, popularly coined as knowledge-based economy. The 21st century is often described as an era of “knowledge capitalism.” This study has attempted to find links between KM practices and modern education and learning. This study has shown how KM practices can be used for education, training and learning purposes which in turn can help organizations leverage the skills and expertise of their workers and transform them into knowledge capital. This study also aims to identify such KM practices that create a knowledge economy. Data has been collected from six universities in public and private sectors in Saudi Arabia where KM practices can be seen and which have contributed to the national economy.