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EDITORIAL                                                                             newDATA
                                                                                                   MAGAZINE

             THE KNOWLEDGE ECONOMY



            Gone are the days when the economy was                In 1969, Peter Drucker popularized the term in
         based on a system of direct exchange; a chicken       his book The Age of Discontinuity , having
         was worth half a sack of beans, half a pig was        attributed it to the Austrian economist Fritz
         worth two ducks, a pot was worth a sack of            Machlup, author of The Production and
         wheat, and so on. Consubstantiated in an              Distribution of Knowledge in the United States.
         apparently primary practice, this is until today, in     While in the “normal” economy it is possible
         fact, the engine of our lives in society –            to exchange “goods that are not owned for
         exchanging something for something else.              money that does not exist”, a practice known as
            The invention of money simplified commerce          speculation, in the knowledge economy sharing
         due to the ease of attributing value to each good     is a reality and exchange is less interested. This
         and the agility of exchange. Initially, money was     is a fascinating concept, which initially was very
         “made” of precious metals that had economic           limited to the management of knowledge (know-
         value. But money brought other problems,              how) and the economic value that this
         because today it's possible that the money we
         have does not have physical correspondence to         represented for companies, but which is now
         any kind of good with economic value –                beginning to be implemented at different levels,
         theoretically it represents gold that exists in the   all over the world, in a spirit of sharing, which
         coffers of national banks – and this is a big         allows exponential advances in different fields.
         problem.                                                 newDATAmagazine seeks to bring the
            But what for some is a problem from an             knowledge economy to life. Each author who
         ethical point of view, for others is a natural        delivers his knowledge motivates others to do
         process, and money represents today the center        the same, creating a circle of sharing and
         of all economies on a global scale. As Liza           mutual help, and multiplying ideas by “many”.
         Minelli used to say in  Cabaret, “Money makes the     This multiplication becomes all the more
         world go around” - “everyone exchanges                efficient the more reach the magazine has and
         something for money”, and many will be willing        the further we manage to get the ideas of our
         to do everything to have it.                          authors, who deposit their time here, in the form
            But there is another economy where                 of articles.
         collaboration and sharing exist and are a reality:       Our motto, “The sharing of those
         the Knowledge Economy.
            As early as the 500s BC, there were those          who know for the benefit of those who
         who thought that the knowledge economy was            read”, portrays the feeling of sharing
         not based on the same rules as the economy of         and, if Confucius were alive today, he
         “things”, a view perfectly portrayed by Confucius     would certainly be invited to write for
         (552 BC to 489 BC), when he said: "If you have
         an orange and exchange it with someone else           our newDATAmagazine, because, deep
         who also has an orange, each one gets an              down, we both have the same view
         orange. But if you have an idea and exchange it       that knowledge must be shared.
         with someone else who also has an idea, each
         one gets two." The wisdom contained in this
         sentence allows me to highlight the dramatic                            Horácio Lopes
         difference between the “normal” economy and                             BCI  VP . Editor newDATAmagazine
                                                                                   ®
         the knowledge economy – the latter can grow                             BCP  . Consultor de Gestão
                                                                                    ®
         exponentially and indeterminately at the same                           Marketer . Formador
         “costs”, because there is sharing.                                          Perfil | Profile


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