The knowledge-based economy, as theorized in terms of basic concepts by Peter Drucker in "The Effective Executive" (1966) and "The Age of discontinuity" (1969), is that  economy where information transformed into knowledge is the main resource that produces economic results globally into the current era.

The main factor contributing to the transformation of knowledge into a major resource in current times is the Internet, the product of IT&C revolution. The knowledge society refers to a society in which knowledge is power in any form: economic, financial, political, etc., the main purpose of this society is the acquisition, ownership and higher capitalization of the knowledge.

Globalization as a result of the Internet revolution has produced a first advantage in multinational corporations big business merger, which will increase production, increase efficiency and decrease costs significantly. In counterweight, the state will gradually lose its importance as the authority will diminish while the power control on the economy and national territory.

This article aims to bring attention to the concept of information as a new factor of production and its transformation into knowledge as well as the logic models of rationality that determine economic behavior.