Lifelong learning as integrational resource of knowledge economy

Abstract

The paper examines the meaning and the main features of the knowledge economy. It also analyses present-day challenges for the knowledge economy under new economic conditions. Research indicates arguments justifying the thesis that knowledge is a specific resource, which, unlike all other economic resources, can be unlimited under the condition of the continuous nature of education. Modern problems of market economy require deep rethinking and effective use of the characteristics of the knowledge economy for building new market relationships. Current economic problems will be successfully solved if one carefully considers the features of the Knowledge economy. The expanding Internet, ever more powerful mobile devices, and other innovations make the task of designing effective formal and informal learning challenging, especially in light of the high rate of change in these new technologies.