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A Conceptual Model for Knowledge Valuation
By Nahid Hashemian and Mohammad B. Menhaj.
Published by The International Journal of Knowledge, Culture and Change Management
| Format | Price | |
|---|---|---|
| Article: Print | $US10.00 | |
| Article: Electronic | $US5.00 |
In today’s knowledge- based economy, knowledge management is increasingly viewed as a crucial factor for competitive success. A successful knowledge management needs a way for knowledge valuation. In this paper, we present a conceptual model for knowledge valuation. To do so, we first extracted the main plausible features of knowledge both its nature and meaning. The main features are amount of information, verification of information and retrieval ability of information. We then developed a three dimensional model to valuate knowledge. The surrounded volume amount these components can represent the knowledge value. To see how powerful our model is, we extracted different aspects of knowledge value from the literature and showed that they can be also acknowledged by the proposed model. The proposed model provides a general framework for knowledge valuation and can be used to valuate different types of knowledge and even human and artificial knowledge bases. The advantages of the model are its easy use, contingency and large domain of use.
| Keywords: | Knowledge Management, Knowledge Value, Intellectual Capital |
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International Journal of Knowledge, Culture and Change Management, Volume 9, Issue 3, pp.167-176. Article: Print (Spiral Bound). Article: Electronic (PDF File; 1.181MB).
Dr. Nahid Hashemian
Dept. of Mechanical Engineering,, Khayyam Higher Educational Institute, Mashad, Iran (Islamic Republic of)
Mohammad B. Menhaj
Amirkabir University of Technology, Tehran, Iran (Islamic Republic of)