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Sixties Economy

These changes have been pushed towards new forms of management and institutional development, characterized by the recognition and rise of so-called intangibles and intellectual capital. Although the ability to build and share knowledge always has been a promoter of development and in all ages there have been organizations and institutions capable of creating and disseminating knowledge: from medieval guilds until early 20th century commercial corporations, cannot be denied in the last thirty years in most developed countries there is more knowledge than in the five previous millennia. Forms of social organisation that are emerging today, they include knowledge as a substantive dimension, as an important factor, that transcends the role that historically have been met. In recent years it has been shown a rapid transition of the economy traditional market, the economy based on information, which arises from the 1980s with the processes of globalization of markets, innovation, connectivity and virtualization, aspects that contribute to the boom in communications and the rapid transmission and without frontiers of the information. Of the economy based on the information moves towards a new economy based on knowledge, also known as the new economy and characterized by flexibility and expansion of organizations and the fluidity of their products in the international market. Despite that, the knowledge has existed since there are organizations and has been one of the cornerstones of the organizational growth since its inception. The initial symptoms of the so-called new economy appear in the Decade of the sixties, especially with the emergence of the first computers, the expansion of multinational corporations and the formation of an international capital market. But not until recent years that is recognized as a new paradigm, a new way of economic growth centered on innovation and creating value from knowledge. Main signals in the emergence of the new paradigm. Some authors claim that they are right all those who argue that knowledge is behind changes in the scientific, production, organizational paradigms or of another nature, in the middle of which we are.