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Max Boisot

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Knowledge management often generates theories that are too general or abstract to be easily testable. In some cases, simulation modeling can help. [WE have developed] an agent-based simulation model derived from a conceptual framework, the Information Space or I-Space and use it to explore the differences between a neoclassical and a Schumpeterian information environment.

Max Boisot

Data itself can be thought of as an energetic phenomenon that links us in our capacity as knowing subjects to an external physical world.

Max Boisot

The thinking that underpins strategic planning is a legacy of more stable times when the environment was changing sufficiently slowly for an effective corporate response to emerge from methodical organisational routines.

Max Boisot

Although in practice innovative coding is hard to disentangle from innovative theorizing, the latter, over time, has a far greater impact than the former on how we perceive and interpret the world.

Max Boisot

The production of information and its use in transactions both incur costs and are thus subject to economizing. In the 1970s, there occurred a revival of interest among economists in the economics of transaction, and Oliver Williamson in particular, building on the earlier work of Ronald Coase and John Commons, has explored the different institutional arrangements that govern transactional choices.

Max Boisot

Failure to properly conceptualize the nature of knowledge assets condemns firms.

Max Boisot

[Knowledge assets are] stocks of knowledge through which different value added services flow.

Max Boisot

Data is discrimination between physical states of things (black, white, etc.) that may convey or not convey information to an agent. Whether it does so or not depends on the agent's prior stock of knowledge.

Max Boisot

Information establishes a relation between things and agents.

Max Boisot

Knowledge is a property of agents predisposing them to act in particular circumstances.

Max Boisot

Only firms that can handle a full SLC, together with the multiple cultures required to drive it, will be able to cope with the many and conflicting demands of a complex regime.

Max Boisot

To summarize, the production of information and its use in transactions both incur costs and are thus subject to economizing. In the 1970s, there occurred a revival of interest among economists in the economics of transaction, and Oliver Williamson in particular, building on the earlier work of Ronald Coase and John Commons, has explored the different institutional arrangements that govern transactional choices.

Max Boisot