maclatunji:

Help me out here because I cannot see the connection between Apple's success and GEJ's policies

maclatunji:

Last week, Apple, a knowledge based firm, overtook oil giant ExxonMobil as the world's most valuable company. This vindicates my decision to devote the lion's share of capital allocation to education as well as build more universities. [size=14pt]Why? Because Nigeria has both knowledge and oil and now we see on the world stage that knowledge is more valuable than oil. It follows that if we must build value in Nigeria we must focus on building the knowledge capacity of Nigerians.[/size] GEJ

maclatunji:

Or is he right in broadcasting this as an achievement?

PeeDaVinci:

this man is stooopid , seriously, he needs to get his head examined. wat does he even mean by a knowledge-based firm?? does he mean oil based firms do not need the univ. for watever they do, and wat makes apple knowledge-based and exxon not knowledge-based !!! this man is a complete joke.

wat even pains me more is pple's comment on this stooopid post of his!! pathethic

Johndoe100:

it is aparent that you have no home training. Can you talk to the dogs that gave birth to you like this?

Johndoe100:

it is aparent that you have no home training. Can you talk to the dogs that gave birth to you like this?

PeeDaVinci:

this man is stooopid , seriously, he needs to get his head examined. wat does he even mean by a knowledge-based firm?? does he mean oil based firms do not need the univ. for watever they do, and wat makes apple knowledge-based and exxon not knowledge-based !!! this man is a complete joke.

wat even pains me more is pple's comment on this stooopid post of his!! pathethic

aletheia:

^
You are the one that is actually a clueless ignoramus. Classification of a company as knowledge-based or otherwise has nothing to do with university education. You should have educated yourself by following up on your own question (sic) "wat makes apple knowledge-based and exxon not knowledge-based".  Hint: consider the nature of their products & services.

PeeDaVinci:

fyi, if university education/research is wat stoopied gej refers as knowledge

we see on the world stage that knowledge is more valuable than oil.

PeeDaVinci:

this man is stooopid , seriously, he needs to get his head examined. wat does he even mean by a knowledge-based firm?? does he mean oil based firms do not need the univ. for watever they do, and wat makes apple knowledge-based and exxon not knowledge-based !!! this man is a complete joke.

wat even pains me more is pple's comment on this stooopid post of his!! pathethic

PeeDaVinci:

dude calm down, let's talk like gentlemen, no need to throw insults, ok?? - gej insinuated apple is knowledge-based, and exxon is not, right?? he then, said, he is building more universities coz of a knowlegde-based company becomes richer than one which is not, right?? fyi, if university education/research is wat stoopied gej refers as knowledge, exxon requires as much knowlegde to operate as apple, one is just an produces some IT gadgets with its software, and the other produces oil. also follow this link for wat a knowledge based firm is http://www.google.com/#hl=en&cp=19&gs_id=2l&xhr=t&q=knowledge+based+companies&qe=a25vd2xlZGdlIGJhc2VkIGNvbQ&qesig=jVtumqYDFKjahWmsUftnIg&pkc=AFgZ2tlpf5u1OokhwU2BBlE_y2bAkgTE6SN9KgK3kgc2hU8QSLp5bVboFoLJ_O4LBhT0l3x1LyiHRWQXIoCH3v56HVD7hkarKA&pf=p&sclient=psy&source=hp&pbx=1&oq=knowledge+based+com&aq=0&aqi=g4&aql=&gs_sm=&gs_upl=&bav=on.2,or.r_gc.r_pw.&fp=d5c279fcc719c6fe&biw=1366&bih=677

The knowledge economy is a term that refers either to an economy of knowledge focused on the production and management of knowledge in the frame of economic constraints, or to a knowledge-based economy. In the second meaning, more frequently used, it refers to the use of knowledge technologies (such as knowledge engineering and knowledge management) to produce economic benefits as well as job creation. The phrase was popularized by Peter Drucker as the title of Chapter 12 in his book The Age of Discontinuity, And, with a footnote in the text, Drucker attributes the phrase to economist Fritz Machlup.[1]

The essential difference is that in a knowledge economy, knowledge is a product, while in a knowledge-based economy, knowledge is a tool. This difference is not yet well distinguished in the subject matter literature. They both are strongly interdisciplinary, involving economists, computer scientists, engineers, mathematicians, geographers, chemists and physicists, as well as cognitivists, psychologists and sociologists.

Various observers describe today's global economy as one in transition to a "knowledge economy," as an extension of an "information society." The transition requires that the rules and practices that determined success in the industrial economy need rewriting in an interconnected, globalized economy where knowledge resources such as know-how and expertise are as critical as other economic resources. According to analysts of the "knowledge economy," these rules need to be rewritten at the levels of firms and industries in terms of knowledge management and at the level of public policy as knowledge policy or knowledge-related policy.[citation needed]

maclatunji:

Last week, Apple, a knowledge based firm, overtook oil giant ExxonMobil as the world's most valuable company. This vindicates my decision to devote the lion's share of capital allocation to education as well as build more universities. Why? Because Nigeria has both knowledge and oil and now we see on the world stage that knowledge is more valuable than oil. It follows that if we must build value in Nigeria we must focus on building the knowledge capacity of Nigerians. GEJ

http://www.facebook.com/jonathangoodluck

PeeDaVinci:

this man is stooopid , seriously, he needs to get his head examined. wat does he even mean by a knowledge-based firm?? does he mean oil based firms do not need the univ. for watever they do, and wat makes apple knowledge-based and exxon not knowledge-based !!! this man is a complete joke.

wat even pains me more is pple's comment on this stooopid post of his!! pathethic

Beaf:

^
Just the same way you weren't smart enough to pick up the meaning of a simple message is the same way you missed the fact that Education as a whole is getting a boost with increased attention and a vastly increased budget. But, you might not even understand the importance of education sha.

Its such a damn simple message too. The words are not even that many!

maclatunji:

Deal with specifics here, how many primary and secondary schools does the Federal Government own? How does that compare with those owned by State Governments and the Private individuals or institutions? If GEJ is going to boast about budgetary allocations then there is a fundamental problem because we have to ask; what is the input-output ratio? Are we getting value for his allocations? He should keep quiet for now and tell us how his spending has changed the face of education in at least 2 years from now. 4 years would be preferable though.

Beaf:

^
Facts, sir. Facts! It is your duty to provide them, if only to proove the beer palour nature of your claims. Folk like you will benefit a lot from the renewed vigour in the education sector. Do yourself a favour and re-enrol.

Beaf:

Why are you stepping all over your own tongue? How do states get whatever sums of money they need to build schools? Who determines the Nigerian curriculum? Who sets up the system?
When you have answered those questions you will understand the horrible deficiences in your position.

I wonder what you advocate be done in the education sector? And to return to the anaemic premise of your thread, I wonder what you personally comprehend by the term, knowledge based economy? And if you conclude that a knowledge based economy is a desirable thing, I wonder what you imagine the foundational step would be?

maclatunji:

Between Gej And Apple

Last week, Apple, a knowledge based firm, overtook oil giant ExxonMobil as the world's most valuable company. This vindicates my decision to devote the lion's share of capital allocation to education as well as build more universities. Why? Because Nigeria has both knowledge and oil and now we see on the world stage that knowledge is more valuable than oil. It follows that if we must build value in Nigeria we must focus on building the knowledge capacity of Nigerians. GEJ

http://www.facebook.com/jonathangoodluck

engineerd:

I think what he is trying to say is that, Apple is a tech based firm whose success is based entirely on Human resources (Tech and Innovation), while Exxon Mobil which is an Oil company and whose success is largely based on Natural resource. He is not trying to say people that work i oil companies don't need to go to school. Instead of throwing this man under the Bus for his lack of clarity, but i think we all get what he is insinuating. he has a very valid point! One day OIL will run out or there will be cheaper, greener alternatives, then what does Nigeria have to offer So he is just waking up and realizing knowledge and information is the future of a country, i.e Human resources is sustaining!

engineerd:

I think what he is trying to say is that, Apple is a tech based firm whose success is based entirely on Human resources (Tech and Innovation), while Exxon Mobil which is an Oil company and whose success is largely based on Natural resource. He is not trying to say people that work i oil companies don't need to go to school. Instead of throwing this man under the Bus for his lack of clarity, but i think we all get what he is insinuating. he has a very valid point! One day OIL will run out or there will be cheaper, greener alternatives, then what does Nigeria have to offer So he is just waking up and realizing knowledge and information is the future of a country, i.e Human resources is sustaining!

maclatunji:

And I am saying that he should not feel vindicated about anything until the output of his "investment" shows. We all invest in different things in life, but I think it is foolhardy to count your chickens before they hatch no matter how beautiful and healthy they may look. Apple did not make headlines when they were investing in knowledge, they made headlines when knowledge bore them fruits- chikena!