Practical sheet | REF: FIC0330 V1

How does an innovative company create value?

Author: Danielle ATTIAS

Publication date: February 10, 2012 | Lire en français

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2. How can we make the most of knowledge within the company?

Is knowledge inseparable from the people who create and develop it? Or is it an element of corporate value that is separate from the people who create it?

2.1 Is individual or collective knowledge the basis of value creation?

Industrial knowledge is generally embedded in a company at two levels: individual and organizational.

  • At the level of the individual, companies are becoming aware that the value of human capital merges with the value of acquired knowledge. However, the question of the durability and transferability of knowledge is becoming increasingly important. Indeed, what remains when employees have left the company? The memory of know-how disappears, and employees leave with a stock of knowledge, practices...

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