Knowledge Economics Based upon a 4-Pillar-Model -- A Field Report

Abstract

Knowledge economics is the most important issue when designing an enterprise knowledge management system. This paper presents a 4-pillarmodel which enables the design of an economically efficient knowledge management system and it documents how this model was applied to establish a knowledge management system in the internal consultancy unit of a large German enterprise in the information and communication technology sector. Eventually, the knowledge economics of the conceived system are assessed in order to improve the enterprise knowledge management system. The structure of the 4-pillar-model itself anticipates utility in all types of (re-)organisation projects.

The Six Pillars of Knowledge Economics

“…From 2012: Chung et al [18], Rai [19] and Trauth [20] From 2013:Bahrs et al [21], Loeser et al [22], Prpic and Shukla [23] and Thies and Stanoevska-Slabeva [24] From 2014: Brockmann and Roztocki [7], Prpic and Shukla [25] and Sharif et al [26] From 2015: Brockmann and Roztocki [27], Hilbert [28] and Kees [29] From 2016: Al Busadi [30], Kowal and Gurba [31] and Peinl et al [32] Similar to our earlier analysis [7], the 16 papers of in the HICSS mini-track Knowledge Economics were analyzed in four major steps regarding dimensions depicted in Figure 2. …”

“…Sharif et al [26] Extend the scope Brockmann and Roztocki [27] Creation of a knowledge society Hilbert [28] More research on short-and long-term patterns. Kees [29] Validate the developed approach in other organization Al Busadi [30] Conduct a more sophisticated econometric longitudinal analyses of World Bank data Kowal and Gurba [31] Consider socio-economic factors such personal income. Expand scope of investigation beyond Poland Peinl et al [32] Performing end user evaluation with a mobile modeling tool 4449…”