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:
“There is evidence that all too many people are approaching parenthood with a dangerous lack of knowledge and skill. The result is that many children are losing out on what ought to be an undeniable right—the right to have parents who know how to be good parents, parents skilled in the art of “parenting.””
—T. H. Bell (20th century)
“How have I been able to live so long outside Nature without identifying myself with it? Everything lives, moves, everything corresponds; the magnetic rays, emanating either from myself or from others, cross the limitless chain of created things unimpeded; it is a transparent network that covers the world, and its slender threads communicate themselves by degrees to the planets and stars. Captive now upon earth, I commune with the chorus of the stars who share in my joys and sorrows.”
—Gérard De Nerval (1808–1855)