While knowledge markets are in existence and have been shown to be valuable, researchers have yet to systematically investigate them. In this paper, we take the first steps towards an investigation into the mechanisms of knowledge markets. Specifically, we employ a mathematical orientation to demonstrate the pivotal role played by pricing schemes in knowledge management agendas. Our work contributes to the field of knowledge management by providing mathematical proofs rather than anecdotal evidence regarding the significance of pricing knowledge in organizations.
ASJC Scopus subject areas
- Strategy and Management
- Management of Technology and Innovation