A knowledge market is a mechanism for distributing knowledge resources.[1] There are two views on knowledge and how knowledge markets can function.[2] One view uses a legal construct of intellectual property to make knowledge a typical scarce resource, so the traditional commodity market mechanism can be applied directly to distribute it.[2] An alternative model is based on treating knowledge as a public good and hence encouraging free sharing of knowledge.[2] This is often referred to as attention economy.[2] Currently there is no consensus among researchers on relative merits of these two approaches.[2]
- ^ Hicks, Jennifer. "The Rise of the Knowledge Market". Forbes. Retrieved 19 April 2013.
- ^ a b c d e "A Synopsis of: Working Knowledge: How Organizations Manage What They Know" (PDF). Organizational Change Program for the CGIAR Centers. Retrieved 19 April 2013.[permanent dead link]
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