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KM – a New View ?

KM – a New View ?. JC Spender Monieson Fulbright Scholar 2007-8. Burton-Jones & Spender Oxford Handbook of Human Capital OUP 2008/9. fitting K into our theorizing. theories of firm / organization. intangibles as K-assets. creative responses to K-absences. ?. KBV ??.

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KM – a New View ?

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  1. KM – a New View ? JC Spender Monieson Fulbright Scholar 2007-8 Burton-Jones & Spender Oxford Handbook of Human Capital OUP 2008/9

  2. fitting K into our theorizing theories of firm / organization intangibles as K-assets creative responses to K-absences ? KBV ?? KM Brown Bag

  3. capital & the firm • organizational capital = tangible + intangible capital • intangible capital metaphors • human • social • economic value as defining • human capital • educational inputs, training, self-education • investment costs to be offset • revenue generated (a retrospective metric) • capability (a prospective metric) • Solow, Schultz, Becker • gap between growth and tangible investment • macro versus micro views • learning curve, returns to formal education KM Brown Bag

  4. social capital • Putnam, Coleman, Bourdieu • ‘bowling alone’, social transactions costs • who accesses with what results • who owns, protects and excludes • learning • socialization • institutionalization • individuation • social capital as ‘supersession’ of market forces • human capital as what individuals bring to market transactions • interplay of human and social capital • organizational capital = that which firm owns • reciprocal obligations • economic value from tangible resources + human/social capital KM Brown Bag

  5. concept of capital • Fisher’s definition – standing apart • capital versus land or labor • usury laws • reattachment ? • mixing, mobilizing, transforming • capital as ‘possibility’ or ‘potential revenue’ • value contingent • transaction as realization of value • does realization generate or consume value ? • governance • specificity • opportunism KM Brown Bag

  6. firm / organization • nexus - translation of forms of capital through demand into revenue • profit and the replacement of capital • context of transaction governance • KBV – extension to intangible capital • capital as separation, market as exchange, firm as integration • capital as implied source of economic value • ‘not so much the resources (capitals) as the services they produce’ • moving / transforming versus creating - individual versus collective • KBV – creation of capital, allocation KM Brown Bag

  7. re-draw for KBV ? tangible capital and obligations transformation of assets creative responses to K-absences intangible capitals w/o obligations KM Brown Bag

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