Towards the Knowledge Economy: the Technological Innovation and Education Impact on the Value Creation Process pp129-138
Emerging as one of the most important corporate assets, there is evidence that, in some developed countries, the impact of knowledge capital in the GDP now surpasses the fixed capital. This paper uses quantitative data to broadly qualify the impact of the two main building blocks in the knowledge management integration process: information and communication technologies (ICT) and Education. The data analysis suggests that by providing efficient network platforms, knowledge can be captured, transformed and disseminated to individuals, groups and organisations. Investment in ICT seems to enable to connect people and support knowledge sharing and interpersonal interaction and therefore facilitate knowledge management processes and strategies. A case‑study of Portugal is used to illustrate the conclusions drawn.
Keywords: Knowledge Economy Knowledge Management Intangible Assets Information and Communication Technologies
Over the last decade we have seen the emergence of an economy in which the digital component has become a constant presence in all areas of knowledge. In the digital world, characterised and dominated by a complex connectivity, value assumes a complex meaning, which is strongly distinct from that used in the traditional economy. There are new business concepts, new strategies based on innovation, new mechanisms to create value, and a new need â€” to build methodologies and metrics that can measure and reflect it.
Keywords: Digital economy, knowledge economy, intellectual capital, business models, and value networks
Using Scenarios to Explore the Potential for Shifts in the Relative Priority of Human, Structural and Relational Capital in Generating Value pp509-516
Collaborative research over a two year period involving eighteen knowledge management practitioners and a team of academics explored the evolution of a next generation knowledge management agenda. Three scenarios were developed that explored the implications of two dimensions: firstly the underpinning organisational purpose in relation to the factors of production in both an industrial and a knowledge economy paradigm, and secondly the consequences of a predominantly transactional or relational psychological contract between individuals and organisations. By studying the drivers shaping the dynamic evolution of each scenario, we identified that organisations need to pay different levels of attention to the components of structural, human and relational capital in order to optimise value generation in each scenario. The first scenario looks at the natural evolution of the industrial economy paradigm as the pace of change accelerates and the expansion of the competitive environment increases the need for product innovation. The stimulus for this innovation is the quality and motivation of the people employed. Human capital management is the main lever to optimise organisational performance in this scenario. The next two scenarios look at organisations operating in the knowledge economy paradigm. One considers the consequences of continuing with the conventional psychological contract with employees based on a transactional exchange of money for time. A large investment is needed in the structural capital mechanisms to manage the organisational ownership of knowledge and to monitor and stimulate performance in delivering knowledge‑based services. In the other scenario, the focus shifted to a situation where individuals and organisations negotiate common areas of interest before becoming involved together in something approaching a partnership. Learning and competitive agility emerge from networks of individuals and groups coalescing around shared objectives. Relationship capital becomes the basis of value generation.
Keywords: knowledge management, scenarios, intellectual capital, knowledge economy, psychological contract
How to Innovate Management Through Intellectual Capital Statements ‑ Lessons Learned From the First Implementations in Brazil pp256-267
Abstract: Recent initiatives have shown that it is time to think about new ways of managing companies, particularly in emerging economies. Mertins et al (2012), points out that, “In the rapidly emerging Brazilian economy, intangible assets become a key success factor for sustainable growth”. As experiences in the fast moving city and state of Rio de Janeiro have shown, the development of systematic management procedures for these intangible assets is especially valuable for fast growing small and medium‑sized enterprises (SMEs) in order to serve as a solid backbone for an increasingly knowledge‑based economy. Another initiative described by Sequeira et al (2012) highlights that Brazil has been evolving into a knowledge society dealing with political changes, globalization, new technologies, and new global competitors, such as China. The need to enhance companies´ and, by extension, countries´ competitiveness has grown rapidly. It is, therefore, evident that organisations and particularly government policies need to redress some critical competitiveness issues, most notably the establishment of the Competitive Intelligence System as a strategic tool. Without such tool, organisations and the country will find it difficult to position themselves within the global marketplace. Taking into account the main conclusions of the two initiatives described above, and the unique circumstances of organically grown organizations in the Brazilian business environment, this paper discusses the challenge of integrating the Intellectual Capital Statement ‑ ICS into a comprehensive strategic change process. In order to promote sustainable business development in an emerging economy, the ICS has to be used to establish a continuous improvement cycle in the individual company, focusing on practical actions for maintaining and developing its intangible assets to ensure future competition capability.
Keywords: innovating management, competitive intelligence, intellectual capital, intangible assets, knowledge economy, Brazil, oil and gas, SMEs
Volume 3 Issue 2 / Dec 2005 pp65‑138
Keywords: Absorptive capacity, Capabilities, Case study, Coach, Computer-mediated communication, Developing countries, Dynamic learning, Email, Information and Communication Technologies, Innovation, Intangible Assets, Intellectual Capital, Inter-organizational project team management, Knowledge creation and sharing, Knowledge Economy, Knowledge management (KM), Knowledge management systems (KMS), Knowledge transfer, Lotka-Volterra system, Organizational Learning, Organizational receptivity, Organizational Relation, Resource-based view of the firm (RBV), Sustained competitive advantage, Virtual team
Keywords: automotive industry, business models, collaborative process communal lexicon community of practice corporate strategy corpus linguistics digital economy, empirical knowledge ethnography, human capital hypertext, information communication technology insurance Industry Intellectual capital measurement, interorganisational collaboration inter-organisational relationships knowledge capitalization. knowledge construction, knowledge definition, knowledge economy, knowledge elicitation, knowledge management behaviour, knowledge management context, knowledge management environment, knowledge management practices, knowledge mapping, multivariate analysis protection of knowledge, relationship transformation special language terminology structural capital, tacit knowledge value networks virtual prototype
Keywords: innovation matrix, innovation index, measure of innovation, agricultural firms, innovation drivers, transactional model, knowledge management education, knowledge management curriculum, course design, experiential learning, student learning models, knowledge management faculty credentials, intellectual capital, human capital, structural capital, relationship capital, integrators, human capital, human resource value measurement, intangible assets, knowledge sharing, psychological capital, relational view of the firm, value adding web concept, absorptive capacity, social capital, tacit knowledge, knowledge use, knowledge transferability, knowledge strategy, knowledge codification, technological advancement, human intellectual capital, innovativeness, intangible assets, leadership, trust, vitality, innovating management, competitive intelligence, intellectual capital, intangible assets, knowledge economy, Brazil, oil and gas, SMEs, knowledge management, knowledge transfer, knowledge captu