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Knowledge CapitalismBusiness, Work, and Learning in the New Economy$
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Alan Burton-Jones

Print publication date: 1999

Print ISBN-13: 9780198296225

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198296225.001.0001

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The Rewards for Knowledge

The Rewards for Knowledge

Chapter:
(p.177) Chapter 9 The Rewards for Knowledge
Source:
Knowledge Capitalism
Author(s):

Alan Burton-Jones

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198296225.003.0009

One of the changes that require the most focus as a result of redefining the firm is the restructuring of corporate ownership. Since the firm's most important knowledge resources will come from individuals, it is appropriate for the firm to recognize the rights of these individuals regarding their participation in the ownership of the firm. This chapter presents a range of schemes that have offered workers varying levels of participation in the ownership of the firms where they were employed. The chapter also enumerates and explains both the positive and negative determinants of worker ownership and further analyses the emerging trends in worker participation in ownership and its implications on corporate strategies.

Keywords:   corporate ownership, participation, individuals, workers, knowledge resource

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