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Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Value Creation: The Next generation of Knowledge Management

Value Creation: The Next generation of Knowledge Management
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Author(s): C. Vorakulpipat (University of Salford, UK) and Y. Rezgui (University of Salford, UK)
Copyright: 2007
Pages: 4
Source title: Managing Worldwide Operations and Communications with Information Technology
Source Editor(s): Mehdi Khosrow-Pour, D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-59904-929-8.ch096
ISBN13: 9781599049298
EISBN13: 9781466665378

Abstract

This paper provides a review of value creation literature by adapting and extending KM generations models (Koenig 2002; Vorakulpipat and Rezgui 2006). An interpretive stance is adopted so as to provide a holistic understanding and interpretation of organizational KM research and related Knowledge Management Systems (KMS) and models. It is suggested that once organizations promote knowledge sharing (past generation KM) and knowledge creation (present generation KM), it is necessary to create sustained organizational and societal values. Value creation forms the next generation KM and represents key challenges faced by modern organizations. The research shows that value creation is grounded in the appropriate combination of human networks, social capital, intellectual capital, technology assets, and change processes.

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