Meaning of knowledge markets
Knowledge Markets
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Knowledge
Glossary of knowledge terms
Meaning and definition of knowledge markets :
Knowledge Markets: Knowledge is exchanged, bought and bartered like any other commodity. Like markets for goods and services, the knowledge market has buyers and sellers who negotiate to reach a mutually satisfactory price for the goods exchanged. There are also brokers who bring buyers and sellers together. Knowledge market transactions will occur when the participants believe that they will benefit in some way. Tom Davenport and Larry Prusak have given an excellent account of how knowledge markets function in their book, “Working Knowledge.”
For the term knowledge markets may also exist other definitions and meanings, the meaning and definition indicated above are indicative not be used for medical and legal or special purposes.
Source : http://www.vedpuriswar.org/glossary/KnowledgeManagement%20TERMS__Aug_27_06.doc
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Glossary of knowledge terms
Knowledge Markets
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