Value Creation in the Digitally Enabled Knowledge Economy

Abstract

This chapter discusses the critical question of how to manage knowledge for value creation in digitally enabled economies. We introduce the concept of “Knowledge 4.0” to set the developments of how companies and organisations use digital technologies for knowledge creation and sharing into a historic perspective. We explain the chain of activities that create value in the digitally enabled knowledge economy following the model of the “knowledge ladder 4.0”. The model helps to relate enabling technologies to changes and new forms of managing knowledge and knowledge work. In addition, this introductory chapter summarises the key findings of the contributions presented in the subsequent chapters that we group into the four topic areas: (1) digital enrichment of resources to leverage human performance, (2) collaboration and networking, (3) leading and learning and, finally, (4) new forms of digitally enabled knowledge intensive value creation.