KVC Handbook 4.0 Launches

We’re pleased to announce the publication of the latest Version (4.0) of our Knowledge Value Chain Handbook.  Here’s an excerpt (with added emphasis) from the Introduction.

KVC Handbook Cover.bmp CROPKnowledge is a fundamental resource of our economic lives. If you were going to enter the business of, say, manufacturing airplanes, you would want to hire people with substantial applied expertise in the sciences of metallurgy, electronics, and even polymers—all the basic building blocks of your product.

Most of us work and compete in what is widely acknowledged to be a knowledge-based economy. But we do not have a science of knowledge—because there isn’t one yet. Philosophy has a branch called epistemology that discusses the origins and characteristics of human knowledge—but that doesn’t qualify as a science in the sense that technologies and management practices can be consistently derived from its principles.

Even the basic economics of knowledge are open to study and debate. Classical economists like Adam Smith generally did not regard knowledge as a key economic component. The fundamental  “factors of production” were land, labor, and capital—with knowledge and information barely mentioned as being essential to production.

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    COMPETING IN THE KNOWLEDGE ECONOMY is written by Timothy Powell, an independent researcher and consultant in knowledge strategy. Tim is president of The Knowledge Agency® (TKA) and serves on the faculty of Columbia University's Information and Knowledge Strategy (IKNS) graduate program.


    "During my more than three decades in business, I have served more than 100 organizations, ranging from Fortune 500s to government agencies to start-ups. I document my observations here with the intention that they may help you achieve your goals, both professional and personal.

    "These are my opinions, offered for your information only. They are not intended to substitute for professional advice."


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    COMPETING IN THE KNOWLEDGE ECONOMY is sponsored by the Knowledge Value Chain® (KVC), a methodology that increases the value and ROI of Data, Information, Knowledge, and Intelligence.

    The contents herein are original, except where otherwise noted. All original contents are Copyright © TW Powell Co. All rights reserved.

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    E SCIENTIA COPIA. Knowledge is the Engine of Value.