knowledge economy: This is were people share the knowledge that they have learned over the years at a job and share it with other people. Instead of letting people make the same mistakes that someone else made many years ago is is better to share your information for the over all good of the organzation. knowledge economy is the goal of making innovation through the sharing of information. The more information that can be known the greater chance that something will be made that will propell the orgaization forward. knowledge economy is basicly the sharing of information with other people for the greater good of the organization, People outside the organization and for the over all good of the information community.