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Title: Knowledge Management/Knowledge Flow - Following the Knowledge Flow Article discusses how knowledge exchanges may provide organizational alternatives closer to the real flow of knowledge. By Rishab Aiyer Ghosh, in Electric Dreams. (September 25, 1995)
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Electric Dreams #74: Following the knowledge flowFollowing the knowledge flow© Copyright 1994-2002, Rishab Aiyer Ghosh. All rights reserved. Electric Dreams #74 25/September/1995Traditional flexible forms of agriculture were all aboutthe efficient use of a limited resource - land - matchedwith the changing opportunities of the seasons.Flexibility in industry has come to mean the efficientmovement of capital, as the users of monetary resourcescompete for investment. Flexibility in the knowledgeeconomy involves an effectively unlimited resource -knowledge itself keeps increasing - and seeks to collateand structure it to match changing needs andopportunities.Efficient use of land for the purpose of producing foodhas little to do directly with monetary capital - whichmay often be more profitably invested elsewhere, althoughperhaps ruining the harvest. Similarly, the efficient flowof knowledge is not necessarily implicit in the efficientflow of monetary capital. This is partly because of thecontrast between limited capital and relatively unlimitedknowledge resources. The flow of knowledge tends tosurprise, with frequent spontaneous events. While monetarycapital generally follows existing or expected demand, theknowledge flux creates new products and generatesunexpected demand. Knowledge does not inherently aimtowards anything but more knowledge - the practical sideof this fifth dimension is, as such, an adjunct, howeverimportant. This doesn't mean the natural flow of knowledgeis largely useless - most certainly not.There are innumerable examples from the world of pureresearch of theoretical innovations that had no originalpurpose but mathematical simplicity or an improved modelof the universe - and eventually realised spaceexploration or microprocessors. The free flow of diverseknowledge is responsible for much of this spontaneoussupply-before-demand. A whole new field of study wascreated last year when mathematics met molecular biologyin the laboratory and - as if by mistake - introduced thepossibility of huge computers based on DNA molecules. Moredown to earth, the attempts of European nuclear scientiststo organise their data led to the immensely popular WorldWide Web, for which no one had predicted such a demand.Knowledge behaves differently because it is basicallylimitless. It is the result of interaction between itscreators, so it grows exponentially. For it to best do so,its social and economic infrastructure has to evolve akind of flexibility that current modes of organisation donot support.For a flexible knowledge flow, everyone should have accessto the right resources. Not just to those that capital hasjudged right, and included within the same corporation,but the right resources wherever they may be. If this wereto happen it would, of course, reduce the role ofcorporations. Instead would form global knowledgeexchanges modeled on similarly flexible markets forconventional capital, as described in a previous column.Knowledge brokers would scout for the best bargains - interms of their conceptual value, and relevance to theirexisting knowledge resources - in an abundance of choice.They would need money to implement the new knowledgeproducts they generate - and capital could follow, rushingin as and when required, without expecting to find anypermanent structures in as dynamic resource as knowledge.Much of the knowledge flux remains local - it belongs inthe exchange of similar knowledge, between similarsources. This is the sort of circular flow that benefitsfrom informal systems of trade, where the exchange is notinconvenienced by accounting. Corporations are not builtaround this circular flow of knowledge resources butaround a hierarchy linking dissimilar knowledge - so theyinvolve informal trade, where it is not needed.More suited may be professional associations or guilds,which group similar resources in informal trading systems.They would ease the circular flow of knowledge, but notpreclude other transactions, somewhat less frequent andperhaps more formal, between disparate knowledge sources.Whether, and when, the decline of corporations takesplace, is debatable; what is crucial is that guilds andknowledge exchanges may provide an organisationalalternative closer to the real flow of knowledge. And thisis a flow that promises to form a very turbulent layerover the comparatively placid monetary capital of theindustrial age. Electric Dreams Index dxm.org Homepage |
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Article | discusses | how | knowledge | exchanges | may | provide | organizational | alternatives | closer | to | the | real | flow | of | knowledge. | By | Rishab | Aiyer | Ghosh, | in | Electric | Dreams. | (September | 25, | 1995) |
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Article discusses how knowledge exchanges may provide organizational alternatives closer to the real flow of knowledge. By Rishab Aiyer Ghosh, in Electric Dreams. (September 25, 1995)
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