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The growing importance of information technology and innovation in the market place brings with it a need for the better management of professional knowledge for knowledge workers in the New Economy. This paper illustrates some major steps underway at the University of New South Wales, Australia towards building an educational system for IS professionals that can meet the requirements of the Knowledge Economy. The paper describes new multidisciplinary curriculum initiatives and instructional learning developments considered or implemented at the School of Information Systems, Technology and Management. A case study of a course, Electronic Record Systems, is presented. (Contains 14 references.) (Author/AEF)

This paper reports the results of an empirical examination of the effects of personal experience and social interaction on individual knowledge and performance in a specific decision making task context. The study revealed a differential effect of increased experience on the quality of participants decisions. In particular, increased experience did not result in significant decision improvement in the non-interactive social environment, but did so in the interactive social environment. The study also revealed that social interaction was beneficial irrespective of personal experience, and led to better performance at both low and high experience levels. The results suggest that individuals may benefit from, in combination, opportunities for personal experimentation and social interaction with others. These results may be useful to all those responsible for planning knowledge management strategies aimed at enhancing knowledge creation and utilization. Includes two tables and one figure. (Contains 48 references.) (Author)