A knowledge value chain is a sequence of intellectual tasks by which knowledge workers build their employer's unique competitive advantage and/or social and environmental benefit. As an example, the components of a research and development project form a knowledge value chain.
Productivity improvements in a knowledge value chain may come from knowledge integration in its original sense of data systems consolidation. Improvements also flow from the knowledge integration that occurs when knowledge management techniques are applied to the continuous improvement of a business process or processes.
The term first started coming into common use around 1999, appearing in management-related talks and papers. It was registered as a trademark in 2004 by TW Powell Co., a Manhattan company.
Knowledge value chain processes
Knowledge acquisitionKnowledge storage
Knowledge dissemination
Knowledge application
Famous quotes containing the words knowledge and/or chain:
“The pathetic thing about the great wellintentioned mass of college and highschool students is that they have been so badly educated they have no knowledge or understanding of the complications of the world we live in and they have been so conditioned and prejudiced by generations of ill-taught teachers that they refuse to see a fact when they are confronted with one.”
—John Dos Passos (1896–1970)
“A chain is no stronger than its weakest link, and life is after all a chain.”
—William James (1842–1910)