Knowledge Assets

Securing Competitive Advantage in the Information Economy

By: Max H. Boisot

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Hardcover | 1 March 1998

At a Glance

Hardcover
308 Pages

Dimensions(cm)
23.39 x 15.6 x 1.91

Hardcover

RRP $380.00

$273.75

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It is now widely recognized that the effective management of knowledge assets is a key requirement for securing competitive advantage in the emerging information economy. Yet the physical and institutional differences between tangible assets and knowledge assets remain poorly understood. In the case of knowledge, the ownership and control of assets are becoming ever more separate, a phenomenon that is actually exacerbated by the phenomenon of learning. If we are to meet the challenges of the information economy, then we need a new approach to property rights based on a deeper theoretical understanding of knowledge assets. Max Boisot writes clearly and in accessible language providing some of the key building blocks which are needed for a theory of knowledge assets. He develops a powerful conceptual framework, the Information-Space or I-Space, for exploring the way knowledge flows within and between organizations. This framework will enable managers and students to explore and understand how knowledge and information assets differ from physical assets, and how to deal with them at a strategic level within their organizations.

Industry Reviews

'Max Boisot has written a book for any thinking manager, politician or lawyer interested in the role of information and intellectual property in the evolution of the information economy'. Ian MacMillan, George W. Taylor Professor of Entrepreneurial Studies, The Wharton School of Management. 'For those struggling to understand how knowledge-based organizations can develop and exploit their distinctive competences, Boisot's book provides profound insights and challenges'. Dr Keith Blois, Templeton College, University of Oxford ...this is for the scientist who want to impree managers. It's a serious book. - Harold Thimbleby. New Scientist. `In his new book Boisot... addresses and explores new issues that are relevant from a managerial point of view. Without any doubt Boisot's I-space theory is one of the most comprehensive theories in the management literature.' Sage 3ublications. ...his book represents an important step towards the development of a knowledge-based theory of the firm. It is likely to be of use to academics, as well as the growing clan of practitioners in firms who are interested in management and organisational theory. THES. 23/07/99. `It delivers new insights into the ways that firms can maximise the returns to be had from their distinctive competences, capabilities and technologies. Also informative are Boisot's insights into the factors that impact on the diffusion of knowledge.' Jane Millar - THES

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