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Mathew's Theories of Knowledge Consumption-Productiontreat knowledge as a product for mass production, marketing, delivery and consumption- the basis of Knowledge Industries. Knowledge has both qualitative and quantitative aspects- high or low quality knowledge consumption or production; high or low quantity knowledge consumption production. There are two theories of knowledge consumption-production:

1. Mathew's Theory of Knowledge Consumption-Production Correaltion says that 'there exists a direct correaltion between high level (quality) knowledge consumption and production. Such kind of correaltion may or may not exist with regard to low level knowledge consumption, though knowledge is consumed at high quanitity.

2. Mathew's Stage Theory of Knowledge Consumption-Production identifies five major stages of knowledge consumption-production both qualitatively and quatatively. The very purpose of high level (quality) knowledge consumption is knowledge production. Knowledge producers are experts, professionals, researchers, decision-makers and etc.

In education, especailly higher education, high level knowledge consumption -production is not in-built in the system, but only an accidential phenomena. That is why;most of the univerities fail to produce people with expertise though they bring out thousands of Master's or Doctoral Degree holders without expertise or critical knowledge put into application. Professionals without going on consuming high quality knowledge turn obsolete and social liabilities.

The existing knowledge delivery systems- libraries (both conventional and digital), training programs, profesional assocaitions' conferences or workshops, specail lecturing, information systems, internet or Web Searches, Data Mining, Knowledge Management and etc do not ensure high quality knowledge provision and consumption but limited to document delivery or information delivery that are time consuming and inefficient. As a result Education and Training and Research Programs are getting unproductive and highly expensive.

As a solution, Knowmatics- based Live Knowledge Banks have been proposed so that the cost, time and efforts of education and research can be cut short into ten per cent augmenting a five fold increase in efficiency and productivity.Mathew's Theories of Knowledge Consumption-Production is the basis of Knowmatics - Mathematics and Cybernetics of Knowledge that leads to the emergence of the New Generation Knowledge Industry.

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