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Knowledge Management and the Philosophical Value of Knowledge

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Handbook of Virtue Ethics in Business and Management

Part of the book series: International Handbooks in Business Ethics ((IHBE))

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Abstract

The increasing importance of knowledge management (KM) calls for a satisfactory analysis of the definition and value of knowledge. In this article, this analysis is made by parsing the concepts of knowledge and information from a philosophical viewpoint. It is argued, in the first place, that having knowledge is a subject-dependent ability and that, as such, knowledge should be more valuable than information. The organizational policy about knowledge should primarily aim to gather personal knowledge. Secondly, the value of knowledge within philosophy is shown from a historical perspective. Thirdly, it is argued that the pursuit of knowledge is oriented to practical wisdom, which Aristotle conceives of as the knowledge of what is best or most appropriate in human affairs. Since practical wisdom is central to organizations, the cooperation between KM and philosophy should lead organizations to better recognize “practical wisdom opportunities,” that is, opportunities to identify and foster best choices.

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Correspondence to Miguel Garcia-Valdecasas .

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Garcia-Valdecasas, M. (2017). Knowledge Management and the Philosophical Value of Knowledge. In: Sison, A., Beabout, G., Ferrero, I. (eds) Handbook of Virtue Ethics in Business and Management. International Handbooks in Business Ethics. Springer, Dordrecht. https://doi.org/10.1007/978-94-007-6510-8_126

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