KNOWLEDGE SOURCE

"In today's organisations, knowledge is regarded as the key economic resource. The acquisition, retaining, development, and use of knowledge resources is thus an important issue. Activities such as the ones named before which take influence on the organizational knowledge base are subsumed under the term knowledge management."(1)

"Knowledge is the entirety of skills and capabilities which is used by individuals to solve problems. This entails theoretic insights as well as practical everyday rules and instructions."(2)

"Knowledge is supported by data and information, but other than these it is always tied to persons. It is constructed by individuals and represents their expectations about cause-and-effect relations."(3)

(1) C. Schmitz, "Self-Organized Collaborative Knowledge Management", Published by Kassel University Press, 2007, p.xv
(2) Ibid., p.2
(3) Ibid., p.2