Realizing the Knowledge Economy

This chapter discusses how the AKM approach and technology can help realizing the expectations of the knowledge or network economy, while simultaneously achieving improved innovation, stakeholder involvement and satisfaction, and competitive advantage. The AKM approach can turn business knowledge, innovative capabilities, and operational networking methods into shared manageable assets and decisive competitive instruments. Adopting the AKM approach also means building stronger competitive alliances, tighter business relations, and developing serviceteams as a new organizational form. Extending operational networks on the fly to involve students, interest organizations, standardization bodies, and policy-makers is performed by configuring role-specific Web-workplaces.