“[Knowledge assets are] stocks of knowledge through which different value added services flow.”

—  Max Boisot

Source: Knowledge Assets, 1998, p. 3.; as cited in: Evans, M. M., and Natasha Ali. "Bridging knowledge management life cycle theory and practice." 2013.

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "[Knowledge assets are] stocks of knowledge through which different value added services flow." by Max Boisot?
Max Boisot photo
Max Boisot17
British academic and educator 1943–2011

Related quotes

“It is important here to clarify the difference between 'strategic assets' and 'core competences.' Strategic assets are assets that underpin a firm's cost or differentiation advantage in a particular market and that are imperfectly imitable, imperfectly substitutable and imperfectly tradeable. These assets also tend to be market- specific. An example would be Honda's dealer network distributing and servicing its motorbikes. On the other hand, core competences are the pool of experience, knowledge and systems, etc. that can be deployed to reduce the cost or time required in creating or expanding the stock of strategic assets.”

Constantinos C. Markides (1960) Cypriot business theorist

Source: "Related diversification, core competences and corporate performance", 1994, p. 164

“It [knowledge] is clearly related to information, which we can now measure; and an economist especially is tempted to regard knowledge as a kind of capital structure, corresponding to information as an income flow. Knowledge, that is to say, is some kind of improbable structure or stock made up essentially of patterns — that is, improbable arrangements, and the more improbable the arrangements, we might suppose, the more knowledge there is.”

Kenneth E. Boulding (1910–1993) British-American economist

Source: 1960s, Beyond Economics: Essays on Society, 1968, p. 142

“The "flow of information" through human communication channels is enormous. So far no theory exists, to our knowledge, which attributes any sort of unambiguous measure to this "flow."”

Anatol Rapoport (1911–2007) Russian-born American mathematical psychologist

Anatol Rapoport (1969) in: Modern Systems Research for the Behavioral Scientist. p. 139
1960s

“Failure to properly conceptualize the nature of knowledge assets condemns firms.”

Max Boisot (1943–2011) British academic and educator

Source: Knowledge Assets, 1998, p. 2

Clay Aiken photo

“Service, and the learning that goes with it, fosters citizenship, knowledge, and personal development in everyone, young and old, with disabilities and without. Our partnership with Youth Service America will bring awareness to the fact that youth with disabilities are great assets and can serve as volunteers too.”

Clay Aiken (1978) singer-songwriter, actor, record producer

—U.S. Newswire <br class="br">On Charity <br class="br">Source: U.S. Newswire, Youth Service America press release, 3/24/2005 1:07:00 PM http://releases.usnewswire.com/GetRelease.asp?id=44826 retrieved April 16, 2006

Eugene Fama photo

“Firms that have a high BE/ME (a low stock price relative to book value) tend to have low earnings on assets. Conversely, low BE/ME (a high stock price relative to book value) is associated with persistently high earnings.”

Eugene Fama (1939) American economist and Nobel laureate in Economics

Source: Common risk factors in the returns on stocks and bonds, 1993, p. 8

Peter F. Drucker photo

“This society in which knowledge workers dominate is in danger of a new "class conflict" between the large minority of knowledge workers and the majority of workers who will make their livings through traditional ways, either by manual work… or by service work. The productivity of knowledge work - still abysmally low - will predictably become the economic challenge of the knowledge society. On it will depend the ability of the knowledge society to give decent incomes, and with them dignity and status, to non knowledge people.”

Peter F. Drucker (1909–2005) American business consultant

Source: 1990s and later, Managing in a Time of Great Change (1995), p. 205

Peter L. Berger photo

“The social distribution of knowledge thus begins with the simple fact that I do not know everything known to my fellowmen, and vice versa, and culminates in exceedingly complex and esoteric systems of expertise. Knowledge of how the socially available stock of knowledge is distributed, at least in outline, is an important element of that same stock of knowledge.”

Peter L. Berger book The Social Construction of Reality

Source: The Social Construction of Reality, 1966, p. 46

Talal Abu-Ghazaleh photo

“The foremost challenge is that of the knowledge revolution. Economic power will depend on creativity and innovation. Creation of wealth will move from traditional resources to the one asset: knowledge.”

Talal Abu-Ghazaleh (1938) Jordanian businesspeople

June 27, 1999, Crans Montana Forum, Switzerland.

“We will argue that the long-run value of a related diversification lies not so much in the exploitation of economies of scope (asset amortization) - where the benefit is primarily short-term - but in allowing corporations to more cost efficiently expand their stocks of strategic assets. Relatedness, which opens the way for asset improvement, asset creation and asset fission, holds the key to the long-run competitive advantages of diversification. This means that in most cases, similarities in the processes by which strategic assets are expanded and new assets are created are more important than static similarities between the strategic assets that are the outcome of these processes.”

Constantinos C. Markides (1960) Cypriot business theorist

Source: "Related diversification, core competences and corporate performance", 1994, p. 150

Related topics