Anthony Delgado has a wonderful wife and three children. Anthony directs Youth Ministry at 
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Basic Hermeneutics for Youth Workers, written by Anthony Delgado, provides the basic Bible study tools necessary for most youth workers, in a single compact, easy to understand volume. This book will aid busy youth workers in their orthodox understanding of God's word. KNOWLEDGE is stored information. It is whatever you ‘know.’ Knowledge does not require that information which you hold be true, it simply requires that you know something. Knowledge comes exclusively from learning. This means you can gain knowledge in school or from books. You can learn from experiences you have or from observing the experiences of others. The single defining factor of knowledge is that it is data which is stored in your brain—on your hard drive.
WISDOM is far different from knowledge. Wisdom is the ability to process knowledge. To play on the hard drive analogy, wisdom is the software that is able to organize the data on the hard drive and put it into practice. In a practical sense, wisdom still does not require that the data you are processing be truth, it simply is the ability to put knowledge into practice.
From a philosophical stance, wisdom requires that data be true. To process information which is false and apply it would be foolish. Think about statistics. Say I interview three people and ask what their favorite color is. The first person says that his favorite color is green. Not wanting to be left out, the second and third person also says green even though their favorite colors are yellow and red respectively. As the statistician, I conclusively state that all mankind has the favorite color of green. This is obviously wrong so philosophically this is not a wise conclusion
From a Christian perspective as well, wisdom is the ability to process truth. But, there are additional factors which apply over and above the philosophical stance. From the Christian perspective, truth must be God’s truth. We get God’s truth from God’s word. This makes the Bible our primary source of knowledge and the database from which we are able to pull from in order to be wise. So, from this perspective, wisdom is the ability to process the truth of God’s word and apply it to our lives.
This is not a very good definition of knowledge. To say that knowledge and information are one and the same doesn’t seem right. Information might be the things that you base knowledge on (sensory perception, testimony, evidence, etc.), but knowledge implies a more rigorous understanding. If I say that I know that God exists, I should have substantial evidence that my claim is correct. Otherwise, I would say that I suspect that God exists, or that I strongly believe that God exists. Would we really consider a claim like, “World War II began in 1905,” to be knowledge? How about if someone had told me that it had, indeed, began in 1905? After later finding out that WWII started in 1939, would that same person say that they knew when WWII began, or only that they “thought” that WWII began in 1905?
In all fairness, a concise definition of knowledge is very difficult to come up with (people have been trying for a long time). It does seem like it somewhat different than the one you propose though.
Also, I would have liked to see more scripture referenced if the goal is to determine what the Bible says that knowledge is. Great idea though!