Abstract
The logic of this paper is straightforward. It starts from the premise that there is now general consensus that, as the millennium approaches, the global economy is increasingly “knowledge-based.” The evidence on this is now voluminous and the arguments are so familiar as to amount almost to dogma. Briefly stated, in the new global economy, the headlong pace and sheer pervasiveness of technological advance are accompanied by increased turbulence, uncertainty and discontinuity. The very basis of competition has not only intensified but has changed fundamentally in its nature: continuous innovation is now the principal way to survive and prosper. Innovation, in turn, implies a need for knowledge and knowledge creation, new ideas, know-how, knack, and creativity. Physical and financial capital, material resources, even advanced technologies, therefore, are necessary but not sufficient conditions for success. Superior performance derives from another kind of asset – intangible, intellectual. As a recent OECD (1996) report puts it, “knowledge plays today in all its forms a crucial role in economic processes. Intangible investment is growing more rapidly than physical investment. Individuals with more knowledge get better paid jobs, firms with more knowledge are winners on markets, and nations endowed with more knowledge are more productive.”
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Argyris, C. “Double Loop Learning in Organizations.” Harvard Business Review, September – October, 1977.
Baldwin, J. and J. Johnson, Human Capital Development and Innovation. Ottawa: Statistics Canada Research Paper No. 74, March, 1995.
Bassi, L., Harnessing the Power of Intellectual Capital. Alexandria, VA: ASTD, 1997.
Bassi, L. and M. Van Buren, “Investments in Intellectual Capital: Creating Methods.” Paper presented at the World Congress on Management of Intellectual Capital, 1998.
Betcherman, G., K. McMullen and K. Davidman, Training for the New Economy. Ottawa: Canadian Policy Research Networks, 1998.
Bontis, N., “Intellectual Capital: An Exploratory Study That Develops Measures and Models.” Paper presented at the 17th McMaster Business Conference, 1996.
Brooking, A.Intellectual Capital: Core Asset for the Third Millennium Enterprise. London: International Thomson Business Press, 1996.
CMA, The Management of Intellectual Capital: The Issues and the Practice. Hamilton, ON: Society of Management Accountants of Canada, 1998.
Conference Board “Leveraging Intellectual Capital.” HR Executive Review, 5(3), 1997.
Covin, T.J. and B.P. Stivers, Knowledge and Innovation Focussed Business Practices: Profiting Canadian and U.S. Firms. Paper at McMaster University Business Conference, 1998.
Edvinsson, L. and M.S. Malone, Intellectual Capital: Realizing Your Company’s True Value by Finding Its Hidden Brainpower. New York: Harper Business, 1997.
Forbes Magazine, Special Section: “Measurement”, April 17, 1997, 35–82.
Garvin, D.A., “Building a Learning Organization.” Harvard Business Review, July-August, 1993, 78–91.
Gera, S. and P. Massé, “Employment Performance in the Knowledge-based Economy.” Industry Canada Working Paper No. 14, 1996.
Gera, S., G. Wulong and Z. Lin, Technology and the Demand for Skills: An Industry-Level Analysis. Ottawa: Industry Canada, 1998.
Huber, G., “Organizational Learning: The Contributing Processes and the Literatures.” Organization Science, 2, 1991, 88–115.
Kiernan, M.J., The Eleven Commandment of 21 th Century Management. New Jersey: Prentice Hall, 1996.
Leckie, N., Can Skill Requirements Trends in Canada, 1971–1991. Mimeo; Canadian Tolia Research Networks, 1996.
Lee, F. and H. Has “A Quantitative Assessment of High Knowledge Industries Versus Low Knowledge Industries” in P. Howitt (ed.) The Implications of Knowledge-Based Growth for Microeconomic Policies. Calgary: University of Calgary Press, 1996
Levitt, B., and J.G. March, “Organizational Learning.”, Annual Review of Sociology,4(2), 1988, 319–340.
Lundvall, B.-A. and B. Johnson, “The Learning Economy.” Paper presented at the EAEPE Conference on Structural Change and the Regulation of Economic Systems, Paris, 1992.
Lynn, B.E. “Perform once Evaluation in the New Economy”, International Journal of Technology Management, 16, 1997.
Marquardt, M.J. and A. Raynolds, The Global Learning Organization. BuvrRidge: Irwin, 1994.
Nevis, E. C., A. J. diBella and J. M. Gould, “Understanding Organizations as Learning Systems.” Sloan Management Review, 36(2), 1995, 73–85.
Newton, K., The Human Factor in Firms’ Performance: Management Strategies, Productivity and Competitiveness. Ottawa: Industry Canada Occasional Paper No. 15, 1996.
Newton, K., “The High Performance Workplace: HR-Based Management Innovations in Canada.” International Journal of Technology Management,1998.
Nonaka, I., “The Knowledge – Creating Company” Harvard Business Review, November-December, 1991.
OECD, Technology Productivity and Job Creation. Paris: OECD, 1996.
Ontario’s Premier’s Council Performance Measures in the New Economy,1995.
Richards, G. and S. C. Goh, “Implementing Organizational Learning: Toward a Systematic Approach.” Optimum,autumn, 1995, 26(2), 25–31.
Saint-Onge, H., “Tacit Knowledge: The Key to Strategic Alignment of Intellectual Capital,” Strategy and Leadership, March-April, 1996a, 24(2), 10–14.
Saint-Onge, H., “The Learning Organization at CIBC…A Framework for Application.” Paper presented at the 17th Annual National Business Conference, McMaster University, 1996b.
Senge, P., The Fifth Discipline: The Art and Practice of the Learning Organization.New York: Doubleday, 1990.
Shrivastava, P.A., Strategic Decision – Thanking Process: The Influence of Organizational Learning and Experience. University of Pittsburgh, Ph.D. dissovation, 1981.
Soete, L., “Some Thoughts on the Economics of Knowledge.” Paper prepared for the Advisory Committee on Science and Technology, Industry Canada, Ottawa, 1997.
Stewart, T.A., Intellectual Capital: The New Wealth of Organizations. New York: Doubleday, 1997a.
Stivers, B. et al.,The Management of Intangible Assets: A Study of US and Canadian Firms. Prepared for Canadian Institute of Chartered Accountants, 1996.
Swieringa, J. and A. Wierdsma, Becoming a Learning Organization: Beyond the Learning Curve. Reading, MA: Addison-Wesley, 1992.
Swieringa, J. and A. Wierdsma, Becoming a Learning Organization. Wokingham: AddisonWestey, 1992.
Tsang, E.W.K. (1997) “Organizational Learning and the Learning Organization”, Human Relations, 50(1), 1997.
Wolff, N.E. and W.J. Baundt “Sources of Post-War Eventh of Information Activity in the U.S. in the Information Economy: the Implications of unbalanced Granth”, lars Osberg, E.N. Woff and W.J. Baumol (eds.), (IRPP), 1989.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2001 Springer Science+Business Media New York
About this chapter
Cite this chapter
Newton, K., Magun, S. (2001). Organizational Learning and Intellectual Capital. In: Lefebvre, L.A., Lefebvre, É., Mohnen, P. (eds) Doing Business in the Knowledge-Based Economy. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-1587-6_4
Download citation
DOI: https://doi.org/10.1007/978-1-4615-1587-6_4
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4613-5628-8
Online ISBN: 978-1-4615-1587-6
eBook Packages: Springer Book Archive