This means not only the fertility of the research itself, but actually being able to protect their ideas and inventions for a certain period of time, supported by law or by the nature of innovation. Impact of ICTs in developing the knowledge economy Paul David and Dominique Foray, at the beginning of this century, coined the term “knowledge-intensive economy” characterized by an unprecedented increase in the speed with which knowledge is created, stored, used in the production and depreciated in terms of economic importance and value, for an expansion of intangible capital, a noticeable enhancement of the level of investment in innovation and a proactive role of the Information Technologies and Communications (ICT .)
For David and Foray, “… they are increasingly numerous communities citizens, users and secular, united by their common interest in this or that issue, showing great capacity of production and reproduction of knowledge, or semi-public space for exchange and learning and intensive use of information and communication technologies … “will cause the shift to a knowledge society. The Technologies of Information and Communication Technologies (ICTs) have substantially reduced costs and time associated with the compressed encoding, storage, reproduction, distribution and communication of knowledge. In this way, has facilitated the development of previously unimaginable global communities, transnational social networks with common interests of virtual libraries or virtual research. It is important to note that these contributions which were impressively in recent years in human history, they also present its Achilles heel in the overproduction of data and information, in the saturation of the channels through which they consume the same and the depreciation of the value of it.