The Creation and Sharing of Knowledge *
The Creation and Sharing of Knowledge *
In ‘The Creation and Sharing of Knowledge‘, Max Boisot illustrates his approach to the effective management of knowledge resources. He starts by giving a brief historical background description of knowledge management, highlighting its importance for contemporary economic activity, and explaining unresolved challenges. He then describes the properties of knowledge and explains learning and the generation of new knowledge through the Information Space (I-Space) and the Social Learning Cycle (SLC). Boisot examines the difficulties encountered in valuing information and knowledge goods and shows how they differ from physical resources. He ends by discussing managerial implications, pointing to new governance arrangements and strategies for knowledge-based firms.
Keywords: Max Boisot, effective management, knowledge resources, knowledge management, economic activity, learning, Information Space, I-Space, Social Learning Cycle, information goods, managerial implications, governance, strategy, organization, operations, knowledge-based firm, opportunity, social knowing, sharing, value
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