International Journal of Computer Science and Business Informatics IJCSBI.ORG ISSN: 1694-2108 | Vol. 15, No. 3. MAY 2015 45 Quantitative Aspects of Knowledge Knowledge Potential and Utility Syed V. Ahamed Professor Emeritus, Computer Science Department City University of New York, New York City ABSTRACT In this paper, we enhance and extend the quantitative theory of knowledge. It emphasizes the truism that academic knowledge is acquired over a time by process of learning from faculty and staff at the colleges and universities. A formal model of student environment from high schools to various levels of universities granting doctoral degrees training is assumed in this research. In this paper, we also include the effects of learning in post secondary schools and in post-doctoral institutions. The net effect is that most human beings continue to learn but to varying degrees depending on the characteristic of the student/employee, the faculty attitude to teaching/job environment and the duration of such interactive process. The proposed model allows for desirable growth of individuals who reward the society in a beneficial way. This is the primary reason for the development of the model. However, the same model is also applicable for those who live to hurt and destroy social values. The Mafia schools and warring nations train their terrorists and offer them all the lethal tools of hurt and destruction. The systematic decay of human civilizations appears as scientific to the negative thinkers as the science would appear attractive to the civilized societies. The portrait of different forms of life is thus tracked as a mathematical approximation based on statistics and norms drawn from the society itself. The model is predictive and becomes a good leading indicator of where living and learning can take any individual over a given period. Different scenarios of student personality who learn to earn, who learn to learn, who love to learn are presented in conjunction with the faculty personality who teach to earn, who teach to educate, who love to teach are examined to gauge the knowledge potential gained by the learners from postsecondary training centers to postdoctoral centers advanced research and social contributions. Keywords Knowledge Acquisition, Knowledge Potential or KnP, Knowledge Deployment, Utility of Knowledge, Annual Income. 1. INTRODUCTION Quantitative measures of knowledge exist in the literature [1], even though they are not widely used. A greatly enhanced model in this paper is based on two axioms that (a) that learning and living are two continuous processes