Traces the growth in the concept of the knowledge economy as the latest political
manifestation of knowledge management in the UK that has largely overtaken the
‘third way’ concept, in terms of its popularity with the current
Labour government. The confusing terminology of the subject and its inherent
confusion with the information profession is noted with particular reference to the
fact that, whilst information professionals are generally now regarded as being
information providers, they are often not seen as being knowledge providers and
still less as knowledge creators. Details of the current knowledge revolution are
presented in the context of theUKsituation and in light of selected models being
proposed to describe it. The differences between information management and
knowledge management are argued from the viewpoint of: information versus knowledge;
the knowledge economy; what people outside the information world think (Charles
Leadbeater, Tom Bentley, Stephen Byers, Tony Blair, David Blunkett).
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