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The Six Pillars of Knowledge Economics

The presentation introduces a paper concerned with the following 3 questions:
1. What are the main topics in the current Knowledge Economics research?
2. What gaps in current research exist and what are promising research avenues for the future?
3. What are the most crucial components in the process of creating knowledge outputs?

The purpose of this paper is to extend the earlier work by Capgemini and the State University of New York at New Paltz on the contributions to the mini-track on Knowledge Economics at the Hawaii International Conference on System Sciences (HICSS). In the present work, they analyze 16 contributions from 2012 to 2016 and based on the analysis, they propose the Six Pillars of Knowledge Economics framework. The proposed framework articulates that six elements are essential to generate knowledge outputs: Innovation Capability, Leadership, Human Capital, Information Technology Resources, Financial Resources, and Innovation Climate.

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The Six Pillars of Knowledge Economics

  1. 1. The Six Pillars of Knowledge Economics HICSS 50, 01/06/2017 Dr. Carsten Brockmann Capgemini Germany Prof. Narcyz Roztocki School of Business, State University of New York at New Paltz, USA Kozminski University, Warsaw, Poland Access the full paper here: http://scholarspace.manoa.hawaii.edu/bitstream/10125/41701/1/paper0552.pdf Public – Company Confidential – Customer Confidential – Sensitive
  2. 2. 2Six Pillars of Knowledge Economics 2017-01-06 Agenda  Introduction and methodology  Results  Future research  References
  3. 3. Research questions addressed 3Six Pillars of Knowledge Economics 2017-01-06 What are the main topics in the current Knowledge Economics research? What gaps in current research exist and what are promising research avenues for the future? What are the most crucial components in the process of creating knowledge outputs?
  4. 4. Definition of Knowledge Economics 4Six Pillars of Knowledge Economics 2017-01-06 Knowledge Economics Knowledge Outputs Knowledge Economics consists of two perspectives: A macro-perspective analyzing factors that positively influence the quantity and quality of knowledge outputs in a society, and a micro-perspective which analyzes the handling of knowledge objects in individual transactions. Herein, the capturing, storing, searching and retrieving of knowledge outputs are subjects of interest.
  5. 5. Methodology 5Six Pillars of Knowledge Economics 2017-01-06 Citation analysis Objectives and methodologies Data source and unit of analysis Recommendation for future research
  6. 6. The sample consists of 16 papers of the HICSS Minitrack on Knowledge Economics 6Six Pillars of Knowledge Economics 2017-01-06 2012 • Chung et al. • Rai • Trauth 2013 • Bahrs et al. • Loeser et al. • Prpic and Shukla • Thies and Stanoevska- Slabeva 2014 • Brockmann and Roztocki • Prpic and Shukla • Sharif et al. 2015 • Brockmann and Roztocki • Hilbert • Kees 2016 • Al Busadi • Kowal and Gurba • Peinl et al.
  7. 7. 7Six Pillars of Knowledge Economics 2017-01-06 Agenda  Introduction and methodology  Results  Future research  References
  8. 8. Sources and year of publication 8Six Pillars of Knowledge Economics 2017-01-06 Type of source Percentage Journals 51.2 Books 20.0 Conference Proceedings 13.9 Others 14.9 Kind of outlet Average Median Journals 2001.6 2005 Books 1996.3 2000 Conference Proceedings 2009.8 2011 Others 2005.9 2008
  9. 9. Objectives and methodologies (1/2) 9Six Pillars of Knowledge Economics 2017-01-06 Paper Objective Type of the study Chung et al. [1] To examine the role of organizational agility as a mediator between knowledge creation processes and financial firm performance Empirical Rai [2] Determine the gap between perceptions of importance and knowledge in Information Technology (IT) skills among accountants in Australia Empirical Trauth [3] Determine process of knowledge acquisition, production, transfer and management Theoretical and empirical Bahrs et al. [4] Introduce two opposing approaches for the design of knowledge transfer Empirical Loeser et al. [5] Propose a green IS strategy Theoretical Prpic and Shukla [6] Outline the overarching theory of crowd capital Theoretical Thies and Stanoevska-Slabeva [7] Identifying the state of the art in environmental reporting, extracting the requirements for information quality in environmental reporting, and proposing an approach of how the quality of environmental information in IO-ERIS can be enhanced following the design science research cycle. Theoretical Brockmann and Roztocki [8] Evolution of the emerging research field on knowledge economics Theoretical and empirical
  10. 10. Objectives and methodologies (2/2) 10Six Pillars of Knowledge Economics 2017-01-06 Paper Objective Type of the study Prpic and Shukla [9] Define the term crowd capability Theoretical Sharif et al. [10] Apply cognitive techniques for knowledge-based decisions. Theoretical Brockmann and Roztocki [11] Analyze articles published in the International Journal of Knowledge management Theoretical and empirical Hilbert [12] Creation of a mathematical framework to consider economics and technical information systems Theoretical Kees [13] Creation of a 4-pillar model to describe the knowledge based enterprise organization Theoretical Al Busadi [14] Examine the value of information and communications technologies on developing knowledge economies Gulf Cooperation Council countries. Empirical Kowal and Gurba [15] Examine mobbing and professional burnout among knowledge workers in transition economies Empirical Peinl et al. [16] Modeling of knowledge and business processes Empirical
  11. 11. Six Pillars of Knowledge Economics 11Six Pillars of Knowledge Economics 2017-01-06 Knowledge Outputs Knowledge Management Financial Resources IT Resources Human Capital Innovation Capability Knowledge creation Knowledge modification Knowledge transfer Innovation Climate Leadership Knowledge use
  12. 12. 12Six Pillars of Knowledge Economics 2017-01-06 Agenda  Introduction and methodology  Results  Future research  References
  13. 13. Future research 13Six Pillars of Knowledge Economics 2017-01-06 Empirical validation Research Knowledge Economics on a country level Extension of the sample by considering more contributions Consider other conferences and journals as well Possible next steps
  14. 14. 14Six Pillars of Knowledge Economics 2017-01-06 Agenda  Introduction and methodology  Results  Future research  References
  15. 15. References (1/2) 15Six Pillars of Knowledge Economics 2017-01-06 [1] T. Chung, T.-P. Liang, C.-H. Peng, and D.-N. Chen, "Knowledge Creation and Financial Firm Performance: Mediating Processes from an Organizational Agility Perspective," in 45th Hawaii International Conference on System Sciences (HICSS), Wailea, USA, 2012, pp. 3622-3631. [2] P. Rai, "Matching Up the Gap between Perceived Importance and Knowledge for IT Skills among Australian Accountants," in 45th Hawaii International Conference on System Sciences (HICSS), Wailea, USA, 2012, pp. 3632-3640. [3] E.M. Trauth, "Barriers to Knowledge Acquisition, Transfer and Management in Regional Knowledge Economy Development," in 46th Hawaii International Conference on System Sciences (HICSS), Wailea, USA, 2012, pp. 3612-3621. [4] J. Bahrs, G. Vladova, and N. Gronau, "To Share or Not to Share? Risks and Benefits of the External Knowledge Transfer," in 46th Hawaii International Conference on System Sciences (HICSS), Wailea, USA, 2013, pp. 3525-3533. [5] F. Loeser, K. Erek, F. Limbach, and R. Zarnekow, "Shared Domain Knowledge in Strategic Green IS Alignment: An Analysis from the Knowledge-Based View," in 46th Hawaii International Conference on System Sciences (HICSS), Wailea, USA, 2013, pp. 3515-3524. [6] J. Prpic and P. Shukla, "The Theory of Crowd Capital," in 46th Hawaii International Conference on System Sciences (HICSS), Wailea, USA, 2013, pp. 3505- 3514. [7] H. Thies and K. Stanoevska-Slabeva, "Enhancing the Quality of Information in Inter-organizational Environmental Reporting Information Systems," in 46th Hawaii International Conference on System Sciences (HICSS), Wailea, USA, 2013, pp. 3495-3504. [8] C. Brockmann and N. Roztocki, "The Evolution of Knowledge Economics through the Course of Time – An Analysis of the HICSS Minitrack," in 47th Hawaii International Conference on Systems Sciences (HICSS), Big Island, USA, 2014.
  16. 16. References (2/2) 16Six Pillars of Knowledge Economics 2017-01-06 [9] J. Prpic and P. Shukla, "The Contours of Crowd Capability," in 47th Hawaii International Conference on Systems Sciences (HICSS), Waikoloa, USA, 2014. [10] A. Sharif, M.M. Kamal, and Z. Irani, "Visualisation of Knowledge Mapping for Information Systems Evaluation: A Manufacturing Context," in 47th Hawaii International Conference on Systems Sciences (HICSS), Waikoloa, USA, 2014. [11] C. Brockmann and N. Roztocki, "Topics on Knowledge Management: An Empirical Insight into Articles Published in the International Journal of Knowledge Management," in 48th Hawaii International Conference on Systems Sciences (HICSS), Kauai, USA, 2015. [12] M. Hilbert, "Toward a Theory of Knowledge Economics: An Information Systems Approach," in 48th Hawaii International Conference on Systems Sciences (HICSS), Kauai, USA, 2015. [13] A. Kees, "Knowledge Economics Based Upon a 4-Pillar-Model - A Field Report," in 48th Hawaii International Conference on Systems Sciences (HICSS), Kauai, USA, 2015. [14] K.A. Al-Busaidi, "Fostering GCC's Knowledge Economy through ICT: Research in Progress," in Proceedings of the 2016 49th Hawaii International Conference on System Sciences (HICSS): IEEE Computer Society, 2016, pp. 4104-4112. [15] J. Kowal and A. Gurba, "Mobbing and Burnout in Emerging Knowledge Economies: An Exploratory Study in Poland," in 49th Hawaii International Conference on System Sciences (HICSS), Kauai, USA, 2016, pp. 4123-4132. [16] R. Peinl, E. Sultanow, and C. Brockmann, "Towards Mobile Modeling of Knowledge and Business Processes," in Proceedings of the 2016 49th Hawaii International Conference on System Sciences (HICSS): IEEE Computer Society, 2016, pp. 4133-4142.
  17. 17. There are two contact persons 17Six Pillars of Knowledge Economics 2017-01-06 Dr. Carsten Brockmann Lead Consultant Capgemini Berlin Carsten.Brocknmann@Capgemini.com Prof. Narcyz Roztocki Full Professor for Information Systems School of Business, State University of New York at New Paltz, USA Kozminski University, Warsaw, Poland roztockn@newpaltz.edu

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