Building blocks to a knowledge valuation system (KVS)

摘要

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.