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| Author: | Stahle, P. Hong, J. |
| Title: | Dynamic intellectual capital in global rapidly changing industries |
| Journal: | Journal of Knowledge Management
2002 : VOL. 6:2, p. 177-189 |
| Index terms: | KNOWLEDGE KNOWLEDGE MANAGEMENT INTELLECTUAL CAPITAL ANALYTICAL REVIEW |
| Language: | eng |
| Abstract: | This paper introduces a newly developed knowledge management concept, dynamic intellectual capital (1C), which refers to a company's ability for self-renewal. The paper presents how dynamic 1C is created in three different knowledge environments - mechanistic, organic and dynamic - and brings out relevant empirical evidence from three case studies of multinational and Chinese firms. The paper concludes that knowledge-intensive organizations need to master all the three knowledge environments regardless of their different strategic focus. Failures on any environment might form a hindrance for market efficiency. The development of dynamic 1C is subject to the firm's ability to balance both current arena (e.g. realized 1C) and potential force (e.g. potential 1C). |
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