The six pillars of knowledge economics

Abstract

The purpose of this paper is to extend our earlier work on the contributions to the mini-track on Knowledge Economics at the Hawaii International Conference on System Sciences (HICSS). In the present work, we analyze 16 contributions from 2012 to 2016 and based on our analysis, we propose the Six Pillars of Knowledge Economics framework. The proposed framework articulates that six elements are essential to generate knowledge outputs: Innovation Capability, Leadership, Human Capital, Information Technology Resources, Financial Resources, and Innovation Climate. Additional major findings are that organizations are the most common unit of analysis, while the individual level is hardly considered. Journals represent the major source of citations. Conference proceedings were less cited, though more current. We recommend major conferences to be indexed by services like Scopus and provide open access to peer-reviewed proceedings.