The Valuation of Knowledge in Public-Private Partnerships

The Valuation of Knowledge in Public-Private Partnerships

J. W. Vasbinder (Prisma and Partners, The Netherlands) and Th. P. Groen (Prisma and Partners, The Netherlands)
Copyright: © 2001 |Pages: 17
DOI: 10.4018/978-1-878289-98-8.ch015
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Abstract

This chapter is about a special form of virtual organization: the Public-Private Partnership (PPP), created for the purpose of generating new knowledge. PPPs typically consist of three types of partners: academia (universities and affiliated institutions), industry (individual companies) and government (departments or agencies). The PPP delivers knowledge to its participants. At the same time, the participants provide input to the PPP (e.g., knowledge, user demands or policy goals), each in their own way. PPPs show considerable variation in the number of participants, budgets, life span and the areas of research they cover. Furthermore, they can differ in scale (multinational, national or regional) or in the type of partner that takes the initiative or lead. In some cases, a separate, intermediate organization will initiate, facilitate and stimulate the cooperation. A major issue in any PPP is the value of the knowledge that is (or will be) generated. To be more precise, the real issue is the valuation of knowledge: What beliefs and assumptions do the partners have about this value? What models or calculations do they use to find out what the knowledge is really worth to them? What makes them decide to invest money and time? This chapter will provide insight into the valuation process and the typical differences between the three types of partners in this respect. The insight will help to explain why some PPPs fail or malfunction, and it offers a set of basic conditions that must be met to run a PPP successfully. Finally, and perhaps most important, it may help to identify and overcome the cultural barriers between the partners and the misunderstandings that result from them. This is useful for anyone who finds himself involved in a PPP, and especially for those who set up and manage it, or plan to do so.

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Dedication
Table of Contents
Preface and Acknowledgments
Yogesh Malhotra
Chapter 1
Yogesh Malhotra
Within the last few years, the topic of knowledge management has gathered a lot of interest in the corporate sectors. Although there is no commonly... Sample PDF
Knowledge Management for E-Business Performance: Advancing Information Strategy to "Internet Time"
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Chapter 2
Michael H. Zack
Strategic theories of organizing are grounded in the notion that organizations should configure their internal resources and capabilities to address... Sample PDF
If Managing Knowledge is the Solution, then What's the Problem?
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Chapter 3
C. J. Meadows, Chris Marshall, Vishrut Jain
eCommerce and the Information Age are characterized by a shift in critical resources towards knowledge and organizational skills and away from... Sample PDF
Building a Competitive Advantage in the Knowledge Economy
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Chapter 4
Rafael Andreu, Sandra Sieber
In today’s competitive landscape firms must develop idiosyncratic, difficult-to-imitate capabilities. This requires effective knowledge deployment... Sample PDF
Organizational Learning and Knowledge Management: where is the Link?
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Chapter 5
Soren Dejgaard
This chapter attempts to build up a framework of virtual organisation on the basis oF concepts taken from complexity theory. On THE basis of the... Sample PDF
Looking into Virtual Organisations - Interaction and Coordination Issues
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Chapter 6
Luiz A. Joia
This chapter presents a framework to integrate effectively different information technologies in order to raise the intelligence and manage the... Sample PDF
Information Technology for Intelligent Metabusiness
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Chapter 7
Yogesh Malhotra
Most extant knowledge management systems are constrained by their overly rational, static and a contextual view of knowledge. Effectiveness of such... Sample PDF
From Information Management to Knowledge Management: Beyond the "Hi-Tech Hidebound" Systems
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Chapter 8
Kari Keinanen, Harri Oinas-Kukkonen
Organizations are faced with a great challenge when trying to compete in the complex and unstable business environment of the twenty-first century.... Sample PDF
Virtual Organizing as a Strategic Approach to Stay Competitive - A Conceptual Analysis and Case Study
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Chapter 9
Mikael Wiberg, Fredrik Ljungberg
This chapter explores the vision of “anytime, anywhere” in the context of mobile work. The exploration is done empirically. Using qualitative... Sample PDF
Exploring the Vision of "Anytime, Anywhere" in the Context of Mobile Work
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Chapter 10
Violina Ratcheva, Sahilendra Vyakarnam
Small and medium-size companies are increasingly competing globally by forming horizontal alliances. To support this process there is a growing need... Sample PDF
Building Virtual Relationships in Distributed Organizational Environment
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Chapter 11
Donna Weaver McCloskey
Although there has been plenty of speculation, little empirical research has addressed the impact of telecommuting on the work outcomes of... Sample PDF
An Examination of the Work Outcomes of Professionals in a Virtual Organization
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Chapter 12
Kristen Bell DeTienne, Robert J. Jensen
The purpose of this chapter is to provide a conceptual/theoretical analysis of intranets and knowledge management in virtual organizations for both... Sample PDF
Intranets and Business Model Innovation: Managing Knowledge in the Virtual Organization
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Chapter 13
Chris Kimble, Paul Hildreth, Peter Wright
With the current trends towards downsizing, outsourcing and globalisation, modern organisations are reducing the numbers of people they employ. In... Sample PDF
Communities of Practice: Going Virtual
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Chapter 14
Yogesh Malhotra
This chapter has the following objectives: developing the need for assessing knowledge capital at the national economic level; reviewing a national... Sample PDF
Knowledge Assets in the Global Economy: Assessment of National Intellectual Capital
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Chapter 15
J. W. Vasbinder, Th. P. Groen
This chapter is about a special form of virtual organization: the Public-Private Partnership (PPP), created for the purpose of generating new... Sample PDF
The Valuation of Knowledge in Public-Private Partnerships
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Chapter 16
Nick Bontis
Since organizational knowledge is at the crux of sustainable competitive advantage, the burgeoning field of intellectual capital is an exciting area... Sample PDF
Managing Organizational Knowledge by Diagnosing Intellectual Capital: Framing and Advancing the State of the Field
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Chapter 17
Fons Wijnhoven
Knowledge, an essential production factor in the post-industrial society, is not as rigorously measured as organizational tangibles. Several authors... Sample PDF
A Framework for Stakeholder-Based Knowledge Valuation in Organizations
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Chapter 18
Ken Standfield
“Because knowledge has become the single most important factor of production, managing intellectual assets has become the single most important task... Sample PDF
Time Capital and Intangible Accounting: New Approaches to Intellectual Capital
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Chapter 19
Yogesh Malhotra
Many current implementations of organizational knowledge management, although based on the most advanced information technologies, are hobbled by... Sample PDF
Organizational Controls as Enablers and Constraints in Successful Knowledge Management Systems Implementation
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Chapter 20
Lansing Alexander Gordon
With the advent of ecommerce and the growth of ‘open’ systems communications networks, managers in industry have been confronted by the assaults of... Sample PDF
Cybercentrism: A Teleology of Knowledge Management Dynamics for the Virtually Extended Enterprise
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Chapter 21
Duane P. Truex, Richard Baskerville, Heinz K. Klein
The degree of organizational change is reaching a frenzied pace. Organizational change is currently driven by the rapid development of commercial... Sample PDF
Growing Systems in an Emergent Organization
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Knowledge Management at Arthur Andersen (Denmark): Building Assets in Real Time and in Virtual Space
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Chapter 23
Charles Jackson
Knowledge, a resource that was once hoarded and rare, is becoming a commodity with potential to dramatically change the world. While knowledge... Sample PDF
Process to Product: Creating Tools for Knowledge Management
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Chapter 24
Richard T. Herschel, Hamid Nemati
The Chief Knowledge Officer (CKO) is often portrayed as a catalyst for knowledge management programs. However, this organizational entity is new... Sample PDF
Chief Knowledge Officers: Managing Knowledge for Organizational Effectiveness
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Chapter 25
Shan L. Pan
Knowledge has been identified as one of the most important resources that contribute to the competitive advantage of an organization. Such... Sample PDF
Organizing Global Knowledge Management in a Dispersed Organization
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About the Authors