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Vol 21 No 10 Oct/Nov 2016

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Knowledge Assets: Securing Competative Advantage in The Information Economy

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ISBN13: 9780198296072
ISBN: 019829607X
Published: September 1999
Publisher: Oxford University Press
Country of Publication: UK
Format: Paperback
Price: £44.99



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It is now widely recognized that the effective management of knowledge assets is a key requirement for securing competitive advantage in the emerging information economy. Yet the physical and institutional differences between tangible assets and knowledge assets remains poorly understood. In the case of knowledge, the ownership and control of assets are becoming ever more separate, a phenomenon that is actually exacerbated by the phenomenon of learning. If we are to meet the challenges of the information economy, then we need a new approach to property rights based on a deeper theoretical understanding of knowledge assets.

Max Boisot provides some of the key building blocks which are needed for a theory of knowledge assets. He develops a powerful conceptual framework, the Information-Space or I-Space, for exploring the way knowledge flows within and between organizations. This framework will enable managers and students to explore and understand how knowledge and information assets differ from physical assets, and how to deal with them at a strategic level within their organizations.

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