Building blocks to a knowledge valuation system (KVS)
Abstract
Purpose
This paper proposes a logical approach to valuing knowledge within the context of the business enterprise.
Design/methodology/approach
The methodology or approach to knowledge valuation is derived from empirical research based on a framework of intangible valuation areas (FIVA). The key valuation components of FIVA are used as the basis for the evolution of an enterprise knowledge valuation system (KVS).
Findings
A conceptual model provides the foundation a business needs to construct a KVS that aligns with business performance. This aids businesses in modeling their business intelligence and identifying intelligent behavior that significantly contributes to the decision‐making process of stakeholders in today's business enterprises.
Originality/value
Businesses enterprises are challenged with the development and use of knowledge within the business to positively affect the performance and market valuation of a business enterprise. The conceptual model presented in this paper expands on existing components of intangible asset and value chain models to aid business stakeholders in a method that organizes and structures enterprise knowledge such that they understand what their enterprise knowledge is and the value of their enterprise knowledge.
Keywords
Citation
Green, A. (2006), "Building blocks to a knowledge valuation system (KVS)", VINE, Vol. 36 No. 2, pp. 146-154. https://doi.org/10.1108/03055720610682951
Publisher
:Emerald Group Publishing Limited
Copyright © 2006, Emerald Group Publishing Limited