"Knowledge and capital: The introduction of the term is explained and justified by the unique characteristics of knowledge. Unlike physical labor (and the other factors of production), knowledge is: Expandable and self generating with use: as doctors get more experience, their knowledge base will increase, as will their endowment of human capital. The economics of scarcity is replaced by the economics of self-generation.
Transportable and shareable: knowledge can be moved and shared. This transfer does not prevent its use by the original holder. However, the transfer of knowledge may reduce its scarcity-value to its original possessor."
from: Human capital - Wikipedia, the free encyclopedia:
Showing posts with label Knowledge Management. Show all posts
Showing posts with label Knowledge Management. Show all posts
Wednesday, September 10, 2008
Knowledge capital - Wikipedia, the free encyclopedia
Knowledge capital - Wikipedia, the free encyclopedia: "Knowledge capital is the value in ideas which means that sharing information equals sharing power, it is the know how that results from the experience, information, knowledge, learning, and skills of the employees or individual of an organization or group."
Subject Labeling
It involves a sort-through process in your value system and your specialized domain as SME(subject-matter-expert). What do you value the most? How these subjects correlate or couple each other? Your value system today defines your tomorrow, your subject-map could be your map for sailing from a harbour.
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