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INTANGIBLE ASSETS AND KNOWLEDGE ORANIZATION By Name Course: Instructor’s Name: Institution’s Name: City/State Date Introduction The growth in the knowledge-based economy has significantly contributed on the importance of knowledge assets to an organization. Knowledge has played a critical role in the success and survival of an organization in the modern competitive business environment. The knowledge assets are essential in problem-solving innovation decision making and among other important aspects of an organization’s successful performance. Organizations have put more emphasis on facilitating mastery of crucial knowledge acquisition and improvement through effective knowledge management. Articles: Sveiby (1997-2001) - 'The invisible balance sheet.' Volkov and Garanina (2007) - ‘Intangible Assets: Importance in the Knowledge-Based Economy and the Role in Value Creation of a Company’ Comparison Subjectivity in Intangible Assets Valuation The subjectivity in the valuation of the intangible assets is cited in both articles. The intangible assets valuation is highly complicated and disputable every worker working within an organization. This means that every worker is knowledgeable in his job. On the contrary Sveiby (1997) defines a knowledge worker as a professional. The contrast in knowledge worker definition elaborates on the understanding of knowledge workers. Omotayo (2015) identification of every worker as a knowledge worker illustrates that every employee in the organization posses knowledge in their specific job lines regardless of their titles. Thus a knowledge worker can be a support worker who is competent in their responsibilities. However Sveiby (1997) classifies professionals as the only knowledge workers. References Omotayo F. (2015). Knowledge Management as an important tool in Organisational Management: A Review of Literature. [online] Digitalcommons.unl.edu. Available at: digitalcommons.unl.edu [Accessed 29 Jan. 2018]. Volkov D. and Garanina T. (2007). Intangible Assets: Importance in the Knowledge-Based Economy and the Role in Value Creation of a Company. Electronic Journal of Knowledge Management 5(4) pp.539 - 550. [...]
Order Description:
Compare and contrast the given article with a similar one. Please see attached. Each piece of work needs 500 words (1000 in total). Harvard referencing
Subject Area: Business
Document Type: Proofreading
