Relates to flows within resources and these are also known as resources transformations. Transformations are defined as resources flows that affect different oganisational resources types, being tangible assets or KR. Whilst transformations within tangible resources (physical or financial) are, in most cases, observable and measurable, transformations which involve KR are difficult to identify map, and assess.
Published in Chapter:
Critical Analysis of International Guidelines for the Management of Knowledge Resources
Federica Ricceri (University of Padova, Italy) and James Guthrie (University of Sydney, Australia)
Copyright: © 2009
|Pages: 18
DOI: 10.4018/978-1-60566-176-6.ch023
Abstract
The shift towards a knowledge based economy is at the core of the debate of contemporary management and accounting literature and organisations are challenged by the need to manage their knowledge resources. Several national and international institutions have produced authoritative “guidelines” to facilitate the management and reporting of KR. Many of these guidelines are the result of co-operation between researchers, companies, industry organisations and consultants and have, therefore, been informed by practice. However, to date, there has been no serious critique of these guidelines. The main objective of this chapter is to provide an in-depth analysis of six contemporary guidelines. By reviewing these guidelines, this chapter explores how each of these addresses the MKR and therefore facilitates the management and reporting of KR. Therefore, this chapter will establish some of the key issues involved in understanding MKR. It will also provide an overview of how these issues are addressed or otherwise in the six guidelines. Two key messages of this chapter are the followings: first, MKR and its elements are embedded in various ways into the international guidelines examined; second, that a key policy issue is international harmonisation.