How k-economy play it roles in globalization?

Answer 1

if you mean "knowledge economy", it is a central aspect of globalisation. The goods and services sold by knowldege-based firms are often weightless or light (e.g. broadband internet connections, satellite navigation systems, software, new pharmaceuticals, and numerous financial services 'products'). When transport costs and tangible raw materials inputs are low or negligible, labour costs dominate, so the knowledge economy (a) will grow fastest in places with many low-wage high-education people, such as India, (b) will have firms, including small firms, with a few employees in two or more geographically widely separated locations. I know a doctor who works at specialist equipment in London and Oxford (England) and his secretary is in Australia. I know of small knowledge-economy businesses with staff in Britain and Malaysia. Locally to me in London is an excellent educational facility called Middlesex University, and it has just opened a campus in Dubai where many of the students are Indian. THERE's globalisation in full glory for you.

It really is the knowledge economy that makes it possible. You could never manufacture steel or glass or buses that way, you need to gather hundreds or thousands of people on one site to do that.