Diamonds and “the Golden Flute”: from the Golden Age of prodigies and geniuses to the Knowledge Based Digital Economy

Ojo, Marianne (2017): Diamonds and “the Golden Flute”: from the Golden Age of prodigies and geniuses to the Knowledge Based Digital Economy.

Abstract

Information sharing, as a means of resource generating capabilities – as well as mitigating information gaps which present challenges to the development of innovative techniques, has also been facilitated through information technology, the rise of the digital economy and resources which avail from the rapidly advancing era of information technology. To what extent are our creative abilities still motivated and stimulated? Can an unhealthy balance and level of competition serve as a deterrent to constructive innovation? This paper attempts to investigate – as well as appreciate the role of information technology in generating economic stimulus and development – particularly in a world where budding entrepreneurs and innovation constitute key elements in addressing poverty alleviating initiatives. It also aims to highlight why, whilst certain geniuses may still exist, it is certainly evident that the current environment does not really stimulate or generate the same enthusiasm or kind of magical revolution that took place during the Golden Age.

• Item Type: MPRA Paper
• Language: English
• Keywords: competition; innovation; information technology; digital economy; the Magic Flute; the Knowledge Based Economy
• Subjects: E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; F - International Economics > F1 - Trade; F - International Economics > F1 - Trade > F12 - Models of Trade with Imperfect Competition and Scale Economies ; Fragmentation; F - International Economics > F1 - Trade > F18 - Trade and Environment; F - International Economics > F6 - Economic Impacts of Globalization; K - Law and Economics > K2 - Regulation and Business Law; M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M4 - Accounting and Auditing > M40 - General; M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M4 - Accounting and Auditing > M41 - Accounting; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics

References

Mozart, W.A (1791). The Magic Flute https://en.wikipedia.org/wiki/The_Magic_Flute Also see further works inspired by “the Magic Flute” https://en.wikipedia.org/wiki/Works_inspired_by_The_Magic_Flute

Mozart, W.A (1785). Piano Concerto No. 21 in C major, K. 467: II. Andante (1:10:46) Mozart, W.A. (1784). Piano Concerto No. 23 in A major, K. 488: I. Allegro (1:16:25) Mozart, W.A. (1783). Piano Sonata No. 11 in A major, K. 331: III. Alla Turca (1:27:15) Mozart, W.A. (1791). Clarinet Concerto in A major, K. 622: II. Adagio (1:29:35) Mozart, W.A. (1775). Violin Concerto No. 3 in G major, K. 216: I. Allegro (1:36:36)

OECD, (1996). “The Knowledge Based Economy” OECD Paris OCDE/GD(96)102

Ojo, M (2016). E Commerce as a Tool for Resource Expansion: Postal Partnerships, Data Protection Legislation and the Mitigation of Implementation Gaps in E-Retailing Challenges and Opportunities in the Global Marketplace Shailja Dixit (Amity University, India) and Amit Kumar Sinha (Amity University, India) (eds) Projected Release Date: March, 2016. Copyright © 2016. 380 pages.