Knowledge Assets: Securing Competitive Advantage in the Information Economy

Knowledge Assets: Securing Competitive Advantage in the Information Economy

by Max H . Boisot (Author)

Synopsis

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.

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More Information

Format: Hardcover
Pages: 308
Publisher: OUP Oxford
Published: 30 Apr 1998

ISBN 10: 0198290861
ISBN 13: 9780198290865
Book Overview: Igor Ansoff Award 2000

Media 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 impress 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 Publications *
...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. * Jane Millar, Times Higher Education Supplement *
If you accept that knowledge and the ability to use it is a key competitive resource, you must read this book. If you do not accept this, then also read it to discover where you are wrong before it is too late! * John Child, Guinness Professor of Management Studies, University of Cambridge *
Author Bio
Max Boisot is Professor of Strategic Management at ESADE in Barcelona.