The abstract idea of Knowledge Economy is turning into the NEW REALITY – markets, relationships and sources of profitability are under transformation. The business models of Industrial era are losing their effectiveness. KNOWLEDGE becomes the key resource of business. Organizations need both to integrate available knowledge and to learn to GENERATE new knowledge. Active knowledge generation requires new form of networking among organizations which would enable new connections, merge various experiences and produce conscious sharing of knowledge. This generates NEW FORMS – businesses without internal boundaries, open to global cooperation and DISSEMINATION OF KNOWLEDGE.