This paper assesses the role of evolutionary process in knowledge transformation and economic development, especially … a revolutionary role in converting the world into a global village. The knowledge, scientific and non-scientific, is …-visual way of enhancing knowledge. But digital technology has its positive and negative affects. It needs some positive steps to …

mechanism, we develop a theory of an economy where firms with heterogeneous demands use labor and knowledge to produce …. Entrepreneurs decide the number of layers of management and the knowledge and span of control of each agent. As a result, in the …