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Institutions

Knowledge in the era of decentralization

Aleem Walji's picture

Working in the innovation space actually means thinking a lot about how we source and organize knowledge. That's definitely an area that is changing fast. Here's how I am thinking about what this means for the World Bank.

We're moving away from a world in which knowledge is centralized and resides primarily in any one organization, even an organization as complex as the World Bank or even a university. Web 2.0, particularly interactive platforms such as blogs and other social media tools, now makes it possible for a wide range of actors to co-create, critique, and share knowledge in a variety of ways. What that means for institutions that aim to be knowledge centers is that they will have to source knowledge from wherever it lies (infrequently in one place), interact with it (critique it, interpret it, build upon it), and connect increasing numbers of people to it.