Cutter Consortium :: Knowledge Capital and "The Knowledge Problem"

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Knowledge Capital and "The Knowledge Problem"

by Howard Baetjer Jr.

There is great potential payoff from developing software systems that embody knowledge as such. The more software developers move from building information technology to building knowledge capital, however, the more likely they are to encounter what economists call "the knowledge problem."1 Economic systems that ignore the knowledge problem fail.2 Software development efforts that ignore it are likely to fail also. On the other hand, development efforts that recognize and accommodate the knowledge problem have a decent shot at a substantial payoff.

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Knowledge Capital and "The Knowledge Problem" March 1998

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Cutter Consortium, founded in 1986, is a global IT advisory firm helping organizations forge solutions to the business technology challenges they face. Through its research, consulting, and training, Cutter assists enterprises as they create, implement, and maintain IT systems and organizations that support business objectives and encourage innovation. Cutter pushes the thinking in the field by fostering debate and collaboration between thought leaders from different domains, countries, and disciplines. As a completely independent entity that has no special ties to vendors, Cutter Consortium is beholden to no one and dedicated to providing completely objective, unbiased information to its clients. Cutter Consortium gives you access to the top thinkers in IT.

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