Knowledge enterprise

The work in knowledge enterprises is based on employees' intellectual skills and the tasks are not routine.

The emergence of knowledge companies is also called a symptom of the third industrial revolution, in which the workers are separated from the owners of the production.

This example only reflects the overall change, which is manifested by the reversed proportion between tangible and intangible assets of companies.

[3] This evolution has forced a shift in the access to these resources from manual to non-manual (knowledge) workers.

This includes using hardware and software to conduct managerial processes, and organize working environments for all employees, from executive to top management.

Software applications are also developed for many areas within such organizations, since without them it is difficult to control and coordinate work that is dedicated to innovation, and problem-solving.

The main reason for the ‘brain drain’ phenomenon and the involvement of knowledge companies, is a great gap between the education that IT professionals can get and the low wages that they receive.