Abstract

Knowledge economy has developed a close-knit relation with the ever newly emerging aspects of education. This paper navigates through all these aspects related to knowledge economy. It is divided into three section. The first part deals with the meaning and aspects of knowledge economy. The importance of knowledge economy in the present day globalised world is included in this section. The second part of this paper deals with the impact of knowledge economy on the education, especially digital education. The last section concludes this paper with a set of recommendations for further development and the road ahead for the world universities.

Keywords: Knowledge Economy, Globalisation, Education, Digital World, World University