ABSTRACT

Knowledge is defined as information combined with interpretation, reflection, and context. It is about understanding and gaining insights from facts. It is about thinking. It is about reflecting and combining pieces of information and understanding those pieces in their possible relationships. While information can be stored and available on computers, knowledge exists only in the heads of individuals. Knowledge is processed information that exists in tacit form within the individual’s head. Knowledge is shared among individuals through communication between them or via computers where knowledge is codified as information.