Knowledge markets: a typology and an overview. (2016)

• Record Type: Journal Article
• Authors: Carrillo, Francisco Javier
• Is Part Of: International journal of knowledge-based development. Volume 7:Number 3(2016)
• Page Start: 264
• Page End: 289
• Publication Date: 2016
• Subjects: knowledge markets -- knowledge-based value exchange -- capital systems -- typology -- value exchange systems -- intellectual capital -- organisational design -- literature review; Knowledge management -- Periodicals; City planning -- Periodicals; Information technology -- Social aspects -- Periodicals; 307.116
• Languages: English
• ISSNs: 2040-4468

Abstract

Knowledge markets are defined as value exchange systems where the quantity, quality and terms of interactions amongst agents are determined primordially by the dynamic properties of intellectual capital creation and exchange. Such properties include the attributes of knowledge-based value production as well as a distinctive ethos and organisational design. Based on this definition, an array of ten types of knowledge markets is introduced, with a synthetic characterisation for each category. First level types are: intellectual capital dealing, open dealing, crowd dealing, cooperative dealing, non-monetary dealing, social dealing, alternative currencies plus incentive regimes, alternative banking, open knowledge labs and emerging knowledge markets. Each category is broken down into subtypes, each subtype in turn characterised and/or exemplified. The typology description is accompanied by an extensive and updated literature review. The resulting map of knowledge markets may contribute to understand the uniqueness of these novel value-generation arrangements and capitalise on their transformative power.