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Item Details
Title: KNOWLEDGE AND VALUE
NEW PERSPECTIVE ON CORPORATE TRANSFORMATION
By: Solveig Wikstrom, Richard Normann
Format: Paperback

List price: £20.99


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ISBN 10: 0415098181
ISBN 13: 9780415098182
Publisher: CENGAGE LEARNING EMEA
Pub. date: 25 November, 1993
Pages: 160
Description: This volume examines the workings of the modern corporation. It offers an approach to the role of knowledge in organizations which abandons traditional models, and explores the creation and use of knowledge within any firm.
Synopsis: This volume explores the workings of the modern corporation. The company is seen as a self-contained knowledge system, also capable of processing knowledge. New patterns for value creation are developed. Value is seen as an interactive pooling of the knowledge of the different stakeholders, including the customers. The company's relationship with its customers is reciprocal over time during which the two parties' value-creating processes become merged. Around this new pattern of value creation, companies organize "partnership systems", with transparent or non-existant boundaries. Established categorizations of economic factors are abandoned in favour of new role descriptions, both within and between organizations. The discussion develops a new view of the corporation in which knowledge is created, manifested, transformed and effectively made available to the co-producing economic factors.
Illustrations: 15 figures
Publication: UK
Imprint: Cengage Learning EMEA
Returns: Non-returnable
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