How would you make yourself viable in terms of knowledge and capabilities in a knowledge economy?

The knowledge economy is a concept that overturns the social classes, it is a system that related to intellectual capital. The production of goods and services in this economic system are mainly based on knowledge activities. The knowledge economy is a competitive environment however it helps the society grows in a good way. So having a knowledge economy system in a country is important, it is the method that could support a country to compete with other countries. Possessing strong communication is also very important as this is very advantageous to those who want to build relations as relationships are bound to meet into hiccups along the way and with my capabilities, I can easily solve the issue on hand regarding customer and suppliers’ relation. In addition to my communication skills, I am also a very creative person who is able to think out of the box. This is valuable as I am able to think of new ideas and ways to improve current products and even new products. This is an asset to companies who want to venture out into new products or wish to build another improved version of their current ones. One example would be upgrading their websites or creating a viral video to attract potential customers and using new marketing tools to help get their company’s name out to others who have not heard it before, which will lead to a bigger market to target. A number of different skills are required to stay viable in a knowledge economy. Education is extremely important, as expert knowledge is valued in such an economy. Staying up to date with technological advancements and developments in relevant fields of knowledge is essential. Communication skills are also extremely important, as the sharing of information is one of the most important activities in a knowledge economy. I would also sometimes read electronic newspapers and watch news whenever I have free time to learn about new technologies that are being introduced.