The Emergence and Evolution of the K-Economy: A Comprehensive Analysis

The Emergence and Evolution of the K-Economy: A Comprehensive Analysis

Dr. Mahendra Kumar

Professor &Head of Department

Business Finance and Economics, Jai Narain Vyas University, Jodhpur

Neelam Soni

Research Scholar

Business Finance and Economics, Jai Narain Vyas University, Jodhpur

Abstract: The Knowledge Economy, often referred to as the K-Economy, has been a subject of significant scholarly interest and policy focus in recent decades. This paper delves into the multifaceted concept of the K-Economy, exploring its origins, characteristics, impact on various sectors, and its implications for society. By examining the evolution of the K-Economy, this research paper aims to provide a comprehensive understanding of this transformative economic paradigm.

The Knowledge Economy, or K-Economy, is a term that has gained prominence in discussions about the changing nature of economic systems in the 21st century. Coined in the late 20th century, this concept represents a shift from traditional industrial economies based on manufacturing and raw materials towards economies driven by knowledge, information, and innovation. This research paper seeks to delve into the depths of the K-Economy, tracing its origins, defining its characteristics, and analyzing its profound impact on various aspects of society.