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Date: 2019-09-15 Page is: DBtxt001.php L0700-QL-KNOWLEDGE
The TrueValueMetrics (TVM) Website
Meaningful Metrics for a Smart Society
Navigation for Knowledge Capital


KNOWLEDGE CAPITAL
Knowledge Capital is man made, and one of the very important enables of modern quality of life and standard of living. However, the use of knowledge and the focus or reearch to get more knowledge has been driven by the prevailing money profit and money wealth metrics. In order to bring research and the use of knowledge into focus so that there is more benefit for people and planet, the metrics have to be changed or adjusted in appropriate ways. The critical thing is that metrics should be as rigorous for impact on people and planet as accounting metrics are for money profit and the related stock value.

An Overview of KnowledgeCapital
Knowledge Capital is part of Man Built Capital ... or Man Built Structures and Systems (MBSS) ... and a key enabler of progress for our complex socio-enviro-economic system.
TO COME
Amazing technical progress over the past 50 years, and accelerating all the time.
The challenge is to use the knowledge that has been accumulated in ways that are optimized for the benefit of people and planet.
TO COME
The issue of ownership of knowledge
The ownership of knowledge ... intellectual property ... is a contentious area of law. There are very large implications, and the experience over the past several decades is that the rights of ownership are considered more important than the social good.
TO COME
Metrics about knowledge
Metrics about knowledge are uni-dimensional. If knowledge can be monetized it becomes valuable whereas knowledge which merely helps to make for social good or environmental improvement is considered to have no value. This is because the basic system of metrics used in everyday finance is very limited in scope and totally inadequate for the 21st century.
TO COME

NAVIGATE to resources about 7D-Capitalism and other CAPITALS
7D-CAPITALISM Seven dimensions of capitalism ... capitalism that suits the 21st century Open PDF for 7DCapitalism
FC - FINANCIAL CAPITAL Open list0300-MDIA-Financial-Capital
HC - HUMAN CAPITAL Open list0300-MDIA-Human-Capital
IC - INSTITUTIONAL CAPITAL Open list0300-MDIA-Institutional-Capital
KC - KNOWLEDGE CAPITAL Open list0300-MDIA-Knowledge-Capital
NC - NATURAL CAPITAL Open list0300-MDIA-Natural-Capital
PC - PHYSICAL CAPITAL Open list0300-MDIA-Physical-Capital
SC - SOCIAL CAPITAL Open list0300-MDIA-Social-Capital



The text being discussed is available at

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TrueValueMetrics (TVM) is an Open Source / Open Knowledge initiative. It has been funded by family and friends plus donations from well wishers who understand the importance of accountability and getting the management metrics right. TVM is a 'big idea' that has the potential to be a game changer leveling the playing field so the wealth and power is shared on a more reasonable basis between people who work for a living and those that own the economy and the levers of power. In order to be effective, it cannot be funded in the conventional way with a for profit business plan, but absolutely must remain an open access initiative.
WE WANT TO MAINTAIN AN OPEN KNOWLEDGE MODEL
A MODEST DONATION WILL HELP MAKE THAT HAPPEN


The information on this website may only be used for socio-enviro-economic performance analysis, personal information, education and limited low profit purposes
Copyright © 2005-2019 Peter Burgess. All rights reserved.