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Proceedings of the 3rd European Conference on Intellectual Capital
Proceedings of the 3rd European Conference on Intellectual Capital
Proceedings of the 3rd European Conference on Intellectual Capital
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The Beehive: A Practiti<strong>on</strong>er’s Metaphor for Knowledge Markets Philippe Leliaert SyntaxisNetworking, Blaasveld, Belgium pl@syntaxisnetworking.com Abstract: This presentati<strong>on</strong> provides practical insights into how <str<strong>on</strong>g>the</str<strong>on</strong>g> bee-keeper metaphor, first presented at ECIC09, can help understand and manage knowledge market dynamics within organisati<strong>on</strong>s (and bey<strong>on</strong>d), in a significant departure from <str<strong>on</strong>g>the</str<strong>on</strong>g> way markets traditi<strong>on</strong>ally operate. Knowledge markets that mirror <str<strong>on</strong>g>the</str<strong>on</strong>g> dynamics <str<strong>on</strong>g>of</str<strong>on</strong>g> physical or financial markets fail because <str<strong>on</strong>g>the</str<strong>on</strong>g> value <str<strong>on</strong>g>of</str<strong>on</strong>g> knowledge assets - and intangibles in general - cannot be determined using typical spot-transacti<strong>on</strong> based approaches. Crucially, <str<strong>on</strong>g>the</str<strong>on</strong>g> extreme c<strong>on</strong>text-dependent nature <str<strong>on</strong>g>of</str<strong>on</strong>g> knowledge makes that its true value can <strong>on</strong>ly be determined as and when – and every time –it is used, i.e. mostly some time after <str<strong>on</strong>g>the</str<strong>on</strong>g> exchange took place. By its nature, <str<strong>on</strong>g>the</str<strong>on</strong>g>re is no “objective market value” <str<strong>on</strong>g>of</str<strong>on</strong>g> knowledge, and <str<strong>on</strong>g>the</str<strong>on</strong>g>refore nei<str<strong>on</strong>g>the</str<strong>on</strong>g>r can its price be determined. Pentaho’s bee-keeper model, which has been used as a metaphor to describe and explain commercial open source business models, has previously also served to visualise <str<strong>on</strong>g>the</str<strong>on</strong>g> workings <str<strong>on</strong>g>of</str<strong>on</strong>g> internal knowledge markets at an internati<strong>on</strong>al network <str<strong>on</strong>g>of</str<strong>on</strong>g> independent c<strong>on</strong>sultants. Using this model, <str<strong>on</strong>g>the</str<strong>on</strong>g> development and sharing <str<strong>on</strong>g>of</str<strong>on</strong>g> knowledge are kept separate from its applicati<strong>on</strong> in commercial c<strong>on</strong>texts, at which point (financial) value is determined. In doing so, <str<strong>on</strong>g>the</str<strong>on</strong>g>re is no l<strong>on</strong>ger any pressure to put a financial value (or price) to knowledge being shared; but ra<str<strong>on</strong>g>the</str<strong>on</strong>g>r <str<strong>on</strong>g>the</str<strong>on</strong>g> value <str<strong>on</strong>g>of</str<strong>on</strong>g> knowledge is determined retrospectively every time it is used .Individuals’ c<strong>on</strong>tributi<strong>on</strong>s to <str<strong>on</strong>g>the</str<strong>on</strong>g> “Communal Body <str<strong>on</strong>g>of</str<strong>on</strong>g> Knowledge” (CBOK) are tracked through an intermediate c<strong>on</strong>struct, which can be called “credits”. Thus, each individual can hold a number <str<strong>on</strong>g>of</str<strong>on</strong>g> credits in proporti<strong>on</strong> to his/her c<strong>on</strong>tributi<strong>on</strong>s made to any given knowledge asset. That same proporti<strong>on</strong> later serves to determine each individual’s allocati<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> revenue from <str<strong>on</strong>g>the</str<strong>on</strong>g> use <str<strong>on</strong>g>of</str<strong>on</strong>g> that knowledge asset. The more <strong>on</strong>e c<strong>on</strong>tributes to a given knowledge asset (relative to o<str<strong>on</strong>g>the</str<strong>on</strong>g>r individuals), <str<strong>on</strong>g>the</str<strong>on</strong>g> higher <strong>on</strong>e’s proporti<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> related credits and <str<strong>on</strong>g>the</str<strong>on</strong>g>refore also <str<strong>on</strong>g>the</str<strong>on</strong>g> higher <strong>on</strong>e’s allocati<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> future revenues earned from <str<strong>on</strong>g>the</str<strong>on</strong>g> use <str<strong>on</strong>g>of</str<strong>on</strong>g> that knowledge asset. C<strong>on</strong>versely, as so<strong>on</strong> as <strong>on</strong>e elects to no l<strong>on</strong>ger c<strong>on</strong>tribute to a given knowledge asset <str<strong>on</strong>g>the</str<strong>on</strong>g>n <strong>on</strong>e’s amount <str<strong>on</strong>g>of</str<strong>on</strong>g> related credits will remain fixed but likely decrease as a proporti<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> all related credits (assuming o<str<strong>on</strong>g>the</str<strong>on</strong>g>rs c<strong>on</strong>tinue to make c<strong>on</strong>tributi<strong>on</strong>s).The credits essentially act as opti<strong>on</strong>s <strong>on</strong> (an allocati<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g>) future revenues. It should be clear that a sec<strong>on</strong>dary internal market in credits is <str<strong>on</strong>g>the</str<strong>on</strong>g>refore possible: credits can be traded since <str<strong>on</strong>g>the</str<strong>on</strong>g>y represent a right to part <str<strong>on</strong>g>of</str<strong>on</strong>g> future revenues generated by <str<strong>on</strong>g>the</str<strong>on</strong>g> use <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> related knowledge assets. In that respect, <str<strong>on</strong>g>the</str<strong>on</strong>g> credits related to different knowledge assets may well carry a different value, since credit value is linked to <str<strong>on</strong>g>the</str<strong>on</strong>g> asset’s likely or potential future revenues. A fur<str<strong>on</strong>g>the</str<strong>on</strong>g>r refinement is that c<strong>on</strong>tributi<strong>on</strong>s to <str<strong>on</strong>g>the</str<strong>on</strong>g> CBOK may be weighted according to <str<strong>on</strong>g>the</str<strong>on</strong>g> community’s appreciati<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> added value <str<strong>on</strong>g>the</str<strong>on</strong>g>y bring: for instance, ano<str<strong>on</strong>g>the</str<strong>on</strong>g>r classificati<strong>on</strong> model for <strong>Intellectual</strong> <strong>Capital</strong> may at this point bring little added value to <str<strong>on</strong>g>the</str<strong>on</strong>g> related CBOK, whereas cases studies detailing <str<strong>on</strong>g>the</str<strong>on</strong>g> practical use <str<strong>on</strong>g>of</str<strong>on</strong>g> <strong>Intellectual</strong> <strong>Capital</strong> Measurement in companies remain rare and are <str<strong>on</strong>g>the</str<strong>on</strong>g>refore very valuable. In that case it is essential to incorporate a rating or voting functi<strong>on</strong>ality into <str<strong>on</strong>g>the</str<strong>on</strong>g> knowledge sharing platform (cf. <str<strong>on</strong>g>the</str<strong>on</strong>g> reputati<strong>on</strong> functi<strong>on</strong>ality at amaz<strong>on</strong>.com or eBay.com). The bee-keeper metaphor was recently updated and expanded to explain <str<strong>on</strong>g>the</str<strong>on</strong>g> differences with business models for proprietary s<str<strong>on</strong>g>of</str<strong>on</strong>g>tware and for open source service/support companies. In <str<strong>on</strong>g>the</str<strong>on</strong>g> same vein <str<strong>on</strong>g>the</str<strong>on</strong>g>se updated versi<strong>on</strong>s can now also serve to visualise how different organisati<strong>on</strong>s deal with <str<strong>on</strong>g>the</str<strong>on</strong>g> exchange <str<strong>on</strong>g>of</str<strong>on</strong>g> knowledge both within <str<strong>on</strong>g>the</str<strong>on</strong>g>ir organisati<strong>on</strong> and with external entities (incl. customers, partners, competitors, suppliers, regulators, former and prospective employees, etc.), and how this is reflected in <str<strong>on</strong>g>the</str<strong>on</strong>g>ir respective business models. By using holo-maps - graphical representati<strong>on</strong>s <str<strong>on</strong>g>of</str<strong>on</strong>g> how value, including knowledge, is exchanged in each <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g>se business models – <strong>on</strong>e can dem<strong>on</strong>strate how significantly different <str<strong>on</strong>g>the</str<strong>on</strong>g> respective business models treat in particular motivati<strong>on</strong> and reward for sharing knowledge. They moreover illustrate how o<str<strong>on</strong>g>the</str<strong>on</strong>g>r comp<strong>on</strong>ents <str<strong>on</strong>g>of</str<strong>on</strong>g> <strong>Intellectual</strong> <strong>Capital</strong> (Human, Structural, and Relati<strong>on</strong>al <strong>Capital</strong>) c<strong>on</strong>tribute to <str<strong>on</strong>g>the</str<strong>on</strong>g> mix <str<strong>on</strong>g>of</str<strong>on</strong>g> value being exchanged between <str<strong>on</strong>g>the</str<strong>on</strong>g> various actors. The presentati<strong>on</strong> will fur<str<strong>on</strong>g>the</str<strong>on</strong>g>rmore discuss <str<strong>on</strong>g>the</str<strong>on</strong>g> managerial implicati<strong>on</strong>s <str<strong>on</strong>g>of</str<strong>on</strong>g> applying <str<strong>on</strong>g>the</str<strong>on</strong>g> above insights into <strong>on</strong>e’s knowledge management processes, and <str<strong>on</strong>g>the</str<strong>on</strong>g> crucial role that trust and reputati<strong>on</strong> have in measuring and managing <str<strong>on</strong>g>the</str<strong>on</strong>g> flow <str<strong>on</strong>g>of</str<strong>on</strong>g> knowledge in an organisati<strong>on</strong>, and bey<strong>on</strong>d. Keywords: knowledge markets; bee-keeper model; reputati<strong>on</strong>; holo-maps 565
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Proceedings <stron
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Contents Paper Title Author(s) Page
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Paper Title Author(s) Page No. Hier
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Preface These proceedings represent
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educating through ‘hands on’ co
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Ibrahim Elbeltagi is a Senior lectu
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Theodora Ngosi has a PhD in Compute
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José Vale is an invited assistant
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Social Knowledge: Are you Ready? 1
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John Girard don’t know.” (Benne
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John Girard The real question becom
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John Girard our belief that many le
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John Girard organizations to gain k
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Intellectual Capital Accounting - H
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Academic Research Papers 15
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Khodayar Abili and Mahyar Abili The
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Khodayar Abili and Mahyar Abili Nah
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Khodayar Abili and Mahyar Abili Tim
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Knowledge Transfer in Romanian Univ
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Simona Agoston et al. Table 1: Know
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Simona Agoston et al. homoscedastic
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Simona Agoston et al. included in <
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A Modeling Approach to Intellectual
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Eckhard Ammann (referring to <stron
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Eckhard Ammann Figure 2: The IC spa
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Eckhard Ammann section 2. They are
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Eckhard Ammann From an overall pers
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Sorin Anagnoste and Gabriela Dumitr
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Sorin Anagnoste and Gabriela Dumitr
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Sorin Anagnoste and Gabriela Dumitr
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Sorin Anagnoste and Gabriela Dumitr
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Sorin Anagnoste and Gabriela Dumitr
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Gabriela Atanasiu and Florin Leon T
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Gabriela Atanasiu and Florin Leon
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Gabriela Atanasiu and Florin Leon B
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Gabriela Atanasiu and Florin Leon a
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Developing and Implementing Strateg
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2. Technology, faculty, and staff B
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Learning programs Individual poten
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Bob Barrett facts with the<
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Intellectual Capital Dynamics withi
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Ruxandra Bejinaru and Stefan Iordac
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Ruxandra Bejinaru and Stefan Iordac
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Ruxandra Bejinaru and Stefan Iordac
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Education and Training Practice Str
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Andrea Bencsik et al. We wanted to
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Andrea Bencsik et al. In this sampl
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Table 4: Types of
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References Andrea Bencsik et al. An
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Ayşen Berberoğlu and Emine Ünar
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Ayşen Berberoğlu and Emine Ünar
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Table 7: Descriptive statistics Ay
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Knowledge Dynamics Modeling Using A
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Constantin Bratianu et al. will hav
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Constantin Bratianu et al. 5. a) Gi
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Constantin Bratianu et al. 5. Data
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Constantin Bratianu et al. Nissen,
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2. Technology and infrastructure Sh
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Sheryl Buckley and Apostolos Gianna
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Sheryl Buckley and Apostolos Gianna
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Sheryl Buckley and Apostolos Gianna
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Sheryl Buckley and Apostolos Gianna
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Donley Carrington and Mike Tayles t
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Donley Carrington and Mike Tayles f
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Donley Carrington and Mike Tayles l
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Donley Carrington and Mike Tayles i
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Donley Carrington and Mike Tayles G
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John Dumay and Jim Rooney on a more
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John Dumay and Jim Rooney Taking <s
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John Dumay and Jim Rooney “For ex
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John Dumay and Jim Rooney Mouritsen
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Marziye Ehrami et al. 1. Creation
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Marziye Ehrami et al. Note: In 2005
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Earnings Quality and Othe</
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Magdi El-Bannany resource-based per
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Magdi El-Bannany Based on this argu
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Magdi El-Bannany Table 2: Descripti
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Magdi El-Bannany variable equal to
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Magdi El-Bannany Edvinsson, L. & Ma
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Ahmed Elsetouhi and Ibrahim Elbelta
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Ahmed Elsetouhi and Ibrahim Elbelta
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Ahmed Elsetouhi and Ibrahim Elbelta
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Ahmed Elsetouhi and Ibrahim Elbelta
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Ahmed Elsetouhi and Ibrahim Elbelta
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Albrecht Fritzsche and Rebecca Geig
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Albrecht Fritzsche and Rebecca Geig
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Table 4: Applicability of</
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Albrecht Fritzsche and Rebecca Geig
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S&P 500 Market Cap ($ billions) 14,
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Tatiana Garanina and Yana Pavlova T
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Tatiana Garanina and Yana Pavlova T
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Tatiana Garanina and Yana Pavlova T
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Tatiana Garanina and Yana Pavlova I
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Impact of Investme
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Lidia García-Zambrano et al. 2003;
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Lidia García-Zambrano et al. 4.2 P
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Table 7: Goodness of</stron
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Lidia García-Zambrano et al. reaso
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Lidia García-Zambrano et al. Rodri
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Víctor Raúl López Ruiz et al. co
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Víctor Raúl López Ruiz et al. NI
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EI c k i 1 w PC i ic Víctor Raúl
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Víctor Raúl López Ruiz et al. Ta
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Víctor Raúl López Ruiz et al. Co
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Víctor Raúl López Ruiz et al. At
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Maria de Lourdes Machado and Odíli
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Maria de Lourdes Machado and Odíli
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Maria de Lourdes Machado and Odíli
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Intellectual Capital and Corporate
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Agnes Maciocha when objects in a da
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Agnes Maciocha 4. Presentation <str
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Agnes Maciocha while in the
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Agnes Maciocha Choong K., “Intell
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The Influence of H
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Anca Mândruleanu From the<
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Anca Mândruleanu In Table 2, <stro
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Eliciting Tacit Knowledge From a Do
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Peter Marshall and Damian Gordon MM
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Peter Marshall and Damian Gordon re
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Peter Marshall and Damian Gordon ar
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Peter Marshall and Damian Gordon Th
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Maurizio Massaro et al. crucial fac
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Maurizio Massaro et al. exclusive (
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Maurizio Massaro et al. autonomy <s
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Maurizio Massaro et al. Chennal (20
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Intellectual Capital Management: Ca
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Florinda Matos et al. These models
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Complaints System dos clients New
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Florinda Matos et al. Finally, <str
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Florinda Matos et al. The training
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Florinda Matos et al. 47. Opinion
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Florinda Matos et al. In th
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Florinda Matos et al. The Quadrant
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Florinda Matos et al. Integrated te
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Florinda Matos et al. The networks
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Knowledge Management for Knowledge
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3. Our research Ludmila Mládková
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Ludmila Mládková organizational s
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Ludmila Mládková mentioned only b
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Applying the VAIC
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Maria Molodchik and Anna Bykova pro
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Maria Molodchik and Anna Bykova 2.
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Maria Molodchik and Anna Bykova Let
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Maria Molodchik and Anna Bykova The
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Perspectives on the</strong
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Maria Cristina Morariu as we consid
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Maria Cristina Morariu Tobin’s q
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Maria Cristina Morariu for determin
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The Structural Model of</st
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Fattah Nazem Ackerley (2006) reveal
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Fattah Nazem The research instrumen
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Fattah Nazem intellectual capital m
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Fattah Nazem Johnson, M.J. (1986) T
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Andrei Stefan Nestian organization.
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Andrei Stefan Nestian Chaordic syst
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Andrei Stefan Nestian environment,
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Increasing Knowledge Management Mat
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Theodora Ngosi et al. 2.2 Dominatin
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Theodora Ngosi et al. Figure 1: Del
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Theodora Ngosi et al. IT systems, a
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5. Discussion and summary Theodora
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Theodora Ngosi et al. Weill, P., an
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Bongani Ngwenya late adopters respo
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Bongani Ngwenya This paper extends
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Bongani Ngwenya argument, t
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Bongani Ngwenya DiMaggio, P. J., an
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The Quality of Kno
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5.2 5 4.8 4.6 4.4 4.2 4 3.8 Compete
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Corina Pelau et al. In order to imp
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Hierarchy and Tacit Knowledge in <s
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Ulrica Pettersson and James Nyce in
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Ulrica Pettersson and James Nyce mi
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Katja Pook and Campbell Warden time
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Katja Pook and Campbell Warden futu
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5. Commonalities of</strong
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Katja Pook and Campbell Warden <str
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Katja Pook and Campbell Warden Lazl
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Nicolae Al. Pop et al. satisfaction
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Nicolae Al. Pop et al. the<
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Nicolae Al. Pop et al. satisfaction
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Knowledge Cities: A Portuguese Case
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Katia Rodrigues and Eduardo Tomé
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3. The empirical study 3.1 Methodol
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Table 3: Smart cities - application
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4.3 Suggestions to future work Kati
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Anna Romiti and Daria Sarti 2. Orga
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Anna Romiti and Daria Sarti based o
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Anna Romiti and Daria Sarti Governa
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Anna Romiti and Daria Sarti Therefo
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Anna Romiti and Daria Sarti Valkoka
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Kent Rondeau and Terry Wagar planne
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2.1 Study measures Kent Rondeau and
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Kent Rondeau and Terry Wagar contri
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Kent Rondeau and Terry Wagar Our re
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Intellectual Capital and a Firm’s
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Figure 1: Hypothes
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Helena Santos-Rodrigues et al. Norm
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Helena Santos-Rodrigues et al. To s
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Helena Santos-Rodrigues et al. Our
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Factors Influencing the</st
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Thanaletchumi Sathasivam et al. 2.3
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Thanaletchumi Sathasivam et al. The
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Thanaletchumi Sathasivam et al. gro
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Thanaletchumi Sathasivam et al. 11.
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Enhancing IC Formation by Evoking H
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Klaus Bruno Schebesch to portray <s
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Klaus Bruno Schebesch 4. Leaning an
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Klaus Bruno Schebesch We argue in f
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Klaus Bruno Schebesch come
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In Search of key F
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Karen Smits et al. contribution, wi
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Karen Smits et al. Table 1: Correla
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Karen Smits et al. staff feel that
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Marta-Christina Suciu et al. This p
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Marta-Christina Suciu et al. The qu
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Marta-Christina Suciu et al. This t
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Information and Communication Techn
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Jukka Surakka et al. The participan
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Jukka Surakka et al. people. Commun
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Personal Knowledge Management (PKM)
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Marzena Świgoń provide th
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Marzena Świgoń (number and type <
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Marzena Świgoń measure self-perce
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Eduardo Tomé what we consider to b
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Eduardo Tomé IC. The intervention
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Eduardo Tomé In the</stro
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Eduardo Tomé to stress that <stron
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Eleni Magdalini Vasileiadou et al.
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Eleni Magdalini Vasileiadou et al.
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Eleni Magdalini Vasileiadou et al.
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Eleni Magdalini Vasileiadou et al.
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Eleni Magdalini Vasileiadou et al.
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Eleni Magdalini Vasileiadou et al.
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Eleni Magdalini Vasileiadou et al.
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José María Viedma Marti products
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Sustainable competitive advantage T
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José María Viedma Marti knowledge
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José María Viedma Marti pr<strong
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José María Viedma Marti All <stro
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ICBS I CBS José María Viedma Mart
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José María Viedma Marti Sullivan,
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2. Balanced scorecard framework Ang
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Angelos Vouldis and Angelica Kokkin
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Unclear benefits of</strong
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Angelos Vouldis and Angelica Kokkin
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9. Discussion and conclusions Angel
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The Global Position of</str
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Piotr Wisniewski safeguarding IC vi
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Piotr Wisniewski Figure 2: Ten larg
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Piotr Wisniewski suspected
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Piotr Wisniewski 2) Slow growth in
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Piotr Wisniewski US 3.8 3.8 3.9 4.3
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498
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500
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2. Hypothesis deve
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3.2 Control variables Deborah Brans
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Deborah Branswijck and Patricia Eve
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Deborah Branswijck and Patricia Eve
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Korosh Gholami et al. Durkheim beli
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Korosh Gholami et al. The effect <s
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- Page 540 and 541: Table 5: Sustainability checklist E
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- Page 618 and 619: Paloma Sánchez and Oihana Basilio
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- Page 624 and 625: Stelian Stancu and Anca Domnica Lup
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