Knowledge Management Department of Computer Systems and Communications Academic Year: 2016-2017 Francesco Caputo fcaputo@mail.muni.cz The pillars of knowledge The economy builds upon a deterministic program while the knowledge requires a subjective approach. Why we are discovering the relevance of knowledge in economic field only today? The basic assumption ü End of Fordism Era ü Improving in knowledge accessibility ü Sharing of knowledge ü Possibility to approach the knowledge as a ‘resource’ Why the knowledge era has began? The knowledge should be considered a mediator factor because it cannot be simple added to the the others productive factors. The use of knowledge modify the others productive factors by defining new pathways and approaches. The knowledge as mediator factor By using the knowledge it is possible to radically change the other productive factors through a process that define new resources and perspectives. The knowledge as mediator factor The knowledge does not finish after the use. In such a line, it is possible to outline two abnormalities: ü The knowledge production is a irreversible process that broke the link between past and future. ü The value of knowledge is ‘potentially’ endless because the knowledge can be used for different times in different contexts in order to achieve different aims. The knowledge abnormalities The knowledge cannot be considered a resource because: ü It is not poor, because it can be used in different processes. ü It is not divisible, because its cost cannot be attribute to one single actor. ü It is not excludable, because it can be used by several actors at the same time. ü It is not instrumental, because the cognitive processes modify the aims and the identities of involved actors. The peculiarities of knowledge Economy of Science Basic Science Applied Science Aims of involved actors The economy of science The economy of information Multiplication of information The information is everything that can be transferred without lose the rules need to understand it (Kogut e Zander, 1997: 30). The economy of information ü Theory of thermodynamic entropy ü Mathematical theory of information (Shannon e Weaver) These theories identify the information as an objective elements of a tangible environment. The objective approach to information The economy of information is the research domain that study an economic system in which the actors do not have the same information. In these conditions, the actors that their chooses by acting on different information (Arrow 1973, 1984). The economy of information The market dynamics outline the prices for the balance by showing them to the public in order to support the discovering of new information. The market dynamics Knowledge is different from information Allee (1997: 40) Among data, information, and knowledge the differences refer to the semantic contents or, in other terms, to the role of context that is irrelevant in the data management and more relevant in the knowledge management (Gallouj, 2002: 257). Knowledge vs. information By focusing the attention on the competences and on the capabilities it is possible to define an action plan for the knowledge management. More specifically, competences and capabilities show the actors’ ability to perform a process with an high level of confidence” (Nelson, 1994). The action plan for the knowledge management Questions ???