This Site Requires Javascript
Burger Menu

Knowledge Capital

Definition

Knowledge management is the process of creating, sharing, using and managing the knowledge and information of an organisation. It refers to a multidisciplinary approach to achieving organisational objectives by making the best use of knowledge.

Knowledge Capital

What is 'Knowledge Capital'

An intangible asset that comprises the information and skills of a company's employees, their experience with business processes, group work and on-the-job learning. Knowledge capital is not like the physical factors of production - land, labor and capital - in that it is based on skills that employees share with each other in order to improve efficiencies, rather than on physical items. Having employees with skills and access to knowledge capital puts a company at a comparative advantage to its competitors.

Explaining 'Knowledge Capital'

Businesses develop knowledge capital by encouraging employees to share information through white papers, seminars and person-to-person communication. Knowledge capital is important because it reduces the odds that a company will have to "reinvent the wheel" each time a particular process is undertaken because its employees have access to documents detailing the necessary steps, and personnel who have undertaken similar activities.


Further Reading

Estimating the knowledge-capital model of the multinational enterprise: CommentEstimating the knowledge-capital model of the multinational enterprise: Comment
pubs.aeaweb.org [PDF]
… of the MNE. CMM develops an empirical framework to study the efficacy of the knowledge-capital * Blonigen: Department of Economics, 1285 University of Oregon, Eugene, OR 97403 (e-mail: [email protected] uoregon.edu …

Estimating the knowledge-capital model of the multinational enterpriseEstimating the knowledge-capital model of the multinational enterprise
pubs.aeaweb.org [PDF]
… of the MNE. CMM develops an empirical framework to study the efficacy of the knowledge-capital * Blonigen: Department of Economics, 1285 University of Oregon, Eugene, OR 97403 (e-mail: [email protected] uoregon.edu …

Reconciling the Evidence on the Knowledge‐capital ModelReconciling the Evidence on the Knowledge‐capital Model
onlinelibrary.wiley.com [PDF]
… of the MNE. CMM develops an empirical framework to study the efficacy of the knowledge-capital * Blonigen: Department of Economics, 1285 University of Oregon, Eugene, OR 97403 (e-mail: [email protected] uoregon.edu …

R&D spending, knowledge capital, and agricultural productivity growth: A Bayesian approachR&D spending, knowledge capital, and agricultural productivity growth: A Bayesian approach
academic.oup.com [PDF]
… of the MNE. CMM develops an empirical framework to study the efficacy of the knowledge-capital * Blonigen: Department of Economics, 1285 University of Oregon, Eugene, OR 97403 (e-mail: [email protected] uoregon.edu …

Institutions as knowledge capital: Ludwig M. Lachmann's interpretative institutionalismInstitutions as knowledge capital: Ludwig M. Lachmann's interpretative institutionalism
academic.oup.com [PDF]
… of the MNE. CMM develops an empirical framework to study the efficacy of the knowledge-capital * Blonigen: Department of Economics, 1285 University of Oregon, Eugene, OR 97403 (e-mail: [email protected] uoregon.edu …

Physical capital, knowledge capital, and the choice between FDI and outsourcingPhysical capital, knowledge capital, and the choice between FDI and outsourcing
onlinelibrary.wiley.com [PDF]
… of the MNE. CMM develops an empirical framework to study the efficacy of the knowledge-capital * Blonigen: Department of Economics, 1285 University of Oregon, Eugene, OR 97403 (e-mail: [email protected] uoregon.edu …

News and knowledge capitalNews and knowledge capital
www.sciencedirect.com [PDF]
… of the MNE. CMM develops an empirical framework to study the efficacy of the knowledge-capital * Blonigen: Department of Economics, 1285 University of Oregon, Eugene, OR 97403 (e-mail: [email protected] uoregon.edu …

On the efficient use of mathematics in economics: Some theory, facts and results of an opinion surveyOn the efficient use of mathematics in economics: Some theory, facts and results of an opinion survey
onlinelibrary.wiley.com [PDF]
… of the MNE. CMM develops an empirical framework to study the efficacy of the knowledge-capital * Blonigen: Department of Economics, 1285 University of Oregon, Eugene, OR 97403 (e-mail: [email protected] uoregon.edu …

An empirical comparison of published replication research in accounting, economics, finance, management, and marketingAn empirical comparison of published replication research in accounting, economics, finance, management, and marketing
www.sciencedirect.com [PDF]
… of the MNE. CMM develops an empirical framework to study the efficacy of the knowledge-capital * Blonigen: Department of Economics, 1285 University of Oregon, Eugene, OR 97403 (e-mail: [email protected] uoregon.edu …


Tags

capital, knowledge, economic, economics, financial, finance, growth, markets, intellectual, economy, assets, human, physical, based, education, market, research, development, business, social, goods, company, risk, corporate, making, fixed, types, group, definition, global, create, term, entrepreneurship, intangible, jobs, bahrain, services, real, policy, 2012, includes, working, indicators, management, international, strategy, evidence, examples
Section 508

WCAG 2.0

Section 508