Knowledge Economics Knowledge Economics Knowledge Economics Knowledge Economics
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Knowledge Economics Knowledge Economics Knowledge Economics Knowledge Economics Knowledge Economics: Knowledge Principles, Practices and Policies E 100 Readings International Book Launch NTI Creative Industries Centre Leicester, England UK 15 February 2006 Debra M. Amidon Founder and Chief Strategist ENTOVATION International, Ltd. © 2006 ENTOVATION International Ltd.
Thanks to NTI Creative Industries Centre © 2006 ENTOVATION International Ltd.
“Knowledge Economics is the new focus for the 21 st Century” - Dr. Peter F. Drucker “Economic theory has a problem with knowledge: it seems to defy the basic economic principle of scarcity… the more you use it and pass it on, the more it proliferates… infinitely expansible… What is scarce in the new economy is the ability to understand use knowledge. ” — World Economy Survey, The Economist, 1996 © 2006 ENTOVATION International Ltd.
Welcome and Introductions WHO are you… Your expertise… Your country… Your message… © 2006 ENTOVATION International Ltd.
Knowledge Economics: The Principals Co-editors Language Editor © 2006 ENTOVATION International Ltd. Cover Design Tartu Administration
Knowledge Economics: Review “This set of volumes provides valuable insights into the unfolding knowledge economy from various viewpoints. Few volumes bring together such a diversity of perspectives. ” “The volume is of good value so in a sense it does not matter if you read a fraction of what is on offer. ” “However, this is not a leisurely one-off read; but a set of thought and action-provoking chapters you’ll keep referring back to. ” Inside Knowledge (November 2004) http: //www. entovation. com/press-room/knowledge-economics. pdf © 2006 ENTOVATION International Ltd.
3 Laws of Knowledge Dynamics Knowledge Economics (Amidon, Formica and Mercier. Laurent 2006) 50’s - 70’s - 90’s 21 st Century Data Information Knowledge Product Solution Innovation Competition Cooperation Collaboration Knowledge is the limitless and expandable source of economic wealth. Value is created when knowledge moves – is innovated – from point of origin to need or use. Collaboration for mutual leverage – synergistic win/win – provides optimal utilization of assets, both tangible and intangible. © 2006 ENTOVATION International Ltd.
A “Relativity Theory” of Entrepreneurship The Triadic Complex of Entrepreneurial Attributes (E), Motivations (M) and Creativity in Business (C) E = MC 3 • E stands for Ken-Energy • M stands for entrepreneurial mass made up of attributes and motivations • Creativity in the three domains of innovation: creation, conversion and commercialization. Creativity is like a beam of light which spotlights one or more opportunities to be turned into businesses C = Creativity in Technology x Creativity in Planning x Creativity in Marketing Source: Piero Formica and Elias Carayannis, “Intellectual Venture Capitalists: An Emerging Breed of Knowledge Entrepreneurs”, Industry and Higher Education (forthcoming)
Knowledge Economics: Tri-Volume Set Volume I: Principles and Standards Volume II: Practices “These volumes will become definitive texts in the field of Knowledge Dynamics. ” - Dr Martin Curley, INTEL Director Innovation © 2006 ENTOVATION International Ltd. Volume III: Policy, Governance and Standards
Volume I: Principles and Standards We are witnessing an acceleration of experimentation and adoption of progressive management approaches at every level of the economy: micro -, meso- and macro-economic. This section illuminates some of the broader scheme contexts and sense-making approaches to initiatives of the new Knowledge Economy. Topical areas include the 21 st century context, trend analysis, modern economic principles, emerging standards and more. © 2006 ENTOVATION International Ltd.
Volume I: Principles and Standards Knowledge Partnerships for a Sustainable, Equitable, and Stable Society Thomas F. Malone, North Carolina State University, and Dr. Gary W. Yohe, Wesleyan University Driving Force for Sustainable Development: Principles of Harmony and Balance Jin Zhouying, Chinese Academy of Social Sciences Dynamic Model of Production and the Evolution of Knowledge Economy Darius Mahdjoubi A Biosoma Precis George Bugliarello, Foreign Secretary of the U. S. National Academy of Engineering The Six Facets of Innovation Management Edna Pasher, Edna Pasher Associates, and Ron Dvir, Innovation Ecology Some Emerging Perspectives of Leadership for Value Creation Leif Edvinsson, UNIC and the University of Lund Knowledge Pattern Recognition Bryan Davis, Kaieteur Institute for Knowledge Management A Knowledge Management Success Story Using Social Cybernetics W. De Gregori, UCC: Universidad Cooperativa de Colombia Stories, Mental Models and Situation-Handling Karl M. Wiig, Knowledge Research Institute, Inc. A Global Knowledge Agenda Based on Capital Systems Dr. F. Javier Carrillo, World Capital Institute © 2006 ENTOVATION International Ltd.
Volume II: Practices This section identifies management approaches that are enabling institutions – public and private – to take advantage of the new models of organizational structures, real-time learning mechanisms, foundations for cultural evolution, performance incentives, environmental considerations, ecological practices, country and company restructuring, and the use of technology. © 2006 ENTOVATION International Ltd.
Volume II: Practices Liberating the Innovation Value of Communities of Practice George Pór, Researcher at London School of Economics and Chairman, Community Intelligence Ltd. in collaboration with Erik van Bekkum, Senior Consultant, Community Intelligence Ltd. Extended Enterprises Based on Knowledge: CONEX Angel A. Ortiz and Carlos F. Isoird, MIK - Mondragón Innovation and Knowledge Enterprise Transformation Using Knowledge and Innovation Strategies Lynne Schneider, ESSI, Inc. The Knowledge Management Strategy Vee: A Framework for Creating a New Strategic Direction Xenia Stanford, Know. Map Learning Leverage: Managing Knowledge for Competitive Advantage John Milton-Smith, School of Management, Curtin University of Technology, Perth, Western Australia In Search of Permanency: Internet Biologists and Continuity in Virtual Knowledge Network Chin Hoon Lau, Lagenda Knowledge Systems Global Knowledge Innovation at Work: The computer seen as an intelligent assistant of humans in the Global Innovation Process of an extended organization Eunika Mercier-Laurent, EMC Conseil Human Resources Management in the Web Economy Jean-Marc Le Duc, Transinnova, French Ministry of Education and Technology © 2006 ENTOVATION International Ltd.
Volume III: Policy, Governance Standards and The policy section outlines how the emphasis on policy guiding procedures for action, as well as governance and measurement, can effect significant managerial innovations: changing - or better - abandoning the old rules, thereby, producing new and viable principles of economic and corporate policy. This is a counterpart to the principles of self-organizing systems in that there are ways to architect, via policy-change initiatives, the potential output of an innovation system. © 2006 ENTOVATION International Ltd.
Volume III: Policy, Governance Standards and Knowledge-Relevant Economic Policy: Analysing Knowledge Policymaking in Managed and Free - Market Economies Piero Formica, International Faculty of Entrepreneurship at the Emirates Centre for Entrepreneurship and Abu Dhabi Men's Higher College of Technology Regional Technology Policy and the Emergence of an R&D System in the Basque Country Monica Moso, Knowledge Cluster, and Mikel Olazaran, Department of Sociology, Faculty of Social and Communication Sciences, University of the Basque Country Shaping Innovation Policy of Small Transition Economy: Global Leverage of Knowledge and Competencies Tõnis Mets, Faculty of Economics and Business Administration, University of Tartu Transparency: A Foundation for Modern Leadership/Governance Doug Macnamara, Banff Executive Leadership Inc. Moving beyond Compliance and Control: Building a Values-Based Corporate Governance Culture. A Culture of Mutual Accountability Eleisa Sundrum, e. Culture. Team Collaboredge: The Key to Development Gülgün Kayakutlu Intellectual Capital Efficiency (ICE) Index- New Implications for GDP Ante Pulic, International Business Efficiency Consulting LLC, USA National Intellectual Capital Index: The Benchmarking of Arab Countries Nick Bontis, De. Groote Business School, Mc. Master University In the Knowledge Zone: Architecting a Blueprint for the World Trade of Ideas Debra M. Amidon, ENTOVATION International. Ltd © 2006 ENTOVATION International Ltd.
Knowledge Economics Hotlinks E 100 Alert Announcement: http: //www. entovation. com/mailing/feb 06 Knowledge. Economics. htm Table of Contents: http: //www. entovation. com/knowledgeeconomics. htm Review: http: //www. entovation. com/pressroom/knowledge-economics. pdf Publisher: http: //www. tyk. ee/index. php? op=2&cat_id=0005& book_id=0179&cf=1&sc=&sw=&vm=&ob=&alates © 2006 ENTOVATION International Ltd.
WHAT can we do together? 1. Provide a hotlink from YOUR website to the Knowledge Economics URLs 2. Submit a local, regional and/or society press release of YOUR involvement. 3. Write or recruit reviews to be submitted in the knowledge, economic and innovation press. 4. Promote with references in YOUR publications and presentations. 5. Other ideas? © 2006 ENTOVATION International Ltd.
Book of Month at Knowledge. Board The book will be featured as April Book of Month at Knowledge. Board, the largest global virtual KM community. 26 April 2006, 15: 00 CET, 14: 00 GMT. All authors are mostly welcome to participate and contribute their special perspectives. www. knowledgeboard. com (go to “events” section. Further instructions and a reminder will be emailed two weeks ago – pls. reserve the event at your calendar. © 2006 ENTOVATION International Ltd.
WHAT lies ahead? Knowledge Innovation Zone website – www. inthekzone. com Declaration of Knowledge Innovation – http: //www. inthekzone. com/KIZone-declaration. htm KIZ Research Report Phase I – The Triple Knowledge Lens Indicators – http: //www. inthekzone. com/k. IZ-triplelens. htm And MORE… © 2006 ENTOVATION International Ltd.
“We are at a historical choice point – a defining moment - in determining the kind of world our children's children will inherit. ” “If we make these choices based on the models of our industrial-age past, we will almost certainly miss the true opportunities before us. ” © 2006 ENTOVATION International Ltd.
With Thanks University of Tartu Especially… Prof. Jaak Aaviksoo Rektor Prof. Urmas Varblane Professor of International Business, Faculty of Economics and Business Administration © 2006 ENTOVATION International Ltd.
Knowledge Economics Knowledge Economics Knowledge Economics Knowledge Economics Knowledge Economics: Knowledge Principles, Practices and Policies E 100 Readings International Book Launch NTI Creative Industries Centre Leicester, England UK 15 February 2006 Debra M. Amidon Founder and Chief Strategist ENTOVATION International, Ltd. © 2006 ENTOVATION International Ltd.
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