The value of information in a knowledge based and digital economy

‘ResearchToday!’ is a research seminar series that shows the width of research in the Business School, and is a forum to foster the collaboration and exchange

About this event

Time: All day
Event Name The value of information in a knowledge based and digital economy
Start Date 7th Feb 2019 12:00pm
End Date 7th Feb 2019 1:00pm
Duration 1 hour
Description

Interested guests are always welcome, from within or outside of the university! No registration is needed if you are internal, please just join us. If you are external to the University, please just send us an email to let us know you will be joining us, and we will inform our reception desk to expect you. Contact and further information: Research Manager for the School of Business, email: busresearch@lsbu.ac.uk

This week's seminar presentation will be given by Professor Karin Moser, Director of Research in the School of Business. To give you a taste of the session, a brief abstract can be found below:

This session looks at the structure and condition of knowledge sharing dilemmas and why it is so important to understand what underpins the value of information and knowledge and motivation of individuals to share expertise.

While it is in the collective interest of a company that employees share their knowledge, this is not necessarily in the interest of the individual. If we look at knowledge as the currency in an exchange relationship between employee and employer, we have two stakeholders with very different cost-benefit matrices. Why? Because knowledge is power and acquiring expertise takes a lot of time and effort, and people don’t want to just give up this advantage. Another reason is that knowledge sharing is what is called ‘extra-role behaviour’ in psychology. Experts don’t just know ‘more’, they are able to contextualise problems differently and can make connections faster and at a higher level of complexity, which leads to better quality decisions and higher creativity in thinking. Much of this is very difficult and sometimes impossible to explicate; it is tacit knowledge and simply what highly skilled and experienced people do rather than what they say.