Define knowledge. State its characteristics.

Knowledge is what the knower knows. It is specific to the knower, created from information, integrated with experience, reflected upon and interpreted in a particular context. Outside it exists as embodiments in the form of documents, man- made artifacts, cultural practices etc. Knowledge is renewable, reusable, increasing in value with use. It is intangible, boundary less, dynamic, and of no use if not used at a specific time.