Intangible Capital Reading List on Twitter for 2010-05-29

• Problem is that patents are too easy to measure RT @jdpuva Patents Generated is a poor measure of innovation success http://bit.ly/bM9Hu6 #
• SEC’s lessons will help them with regulation of IR social media RT @sbosm How the SEC learned to love social media http://bit.ly/bNfTRK #

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Conversation about Intangible Capital with Dan Robles of the Ingenesist Project

I didn’t blog too much this week during my trip to Seattle but I have a number of show-and-tell items. The first is this great conversation with Dan Robles of the Ingenesist Project. (It was the capstone of a great visit Michael Oleksak and I had with Dan–Michael served as cameraman) Here’s the capstone of that conversation:

Meet Up With Mary Adams. mov

Intangible Capital Reading List on Twitter for 2010-05-27

• I am at the Innovation and Jobs Summit organized by Washington Economic Development Commission. #WEDC #
• The jobs and innovation conference in Tacoma WA today is streaming live http://bit.ly/9oZfYT #WEDC #
• #wedc has a great 4-page vision 2/09 for #innovation on their website at http://wedc.wa.gov. How innovation is part of a new economic model #
• Rob Atkinson up now. Great data at http://itif.org. US is #6 in innovation. 2003-07 US corp R&D declined as % of GDP #wedc #
• America Competes Act just failed in Congress. Had key investments for innovation. US mentality: we have always been #1 and still are #wedc #
• Other countries are outspending US in green. We are competing against businesses with strong govt support and partnerships #wedc #
• Atkinson cites cases of technology mercantilism where US products/patents violated overseas, co lose in court and US govt does nothing #wedc #
• Mike Schwenk: Obama is calling for architecture for participation and collaboration for innovation. Quoting the grand challenges. #wedc #
• Van Ausdle Walla Walla success story in building wine innovation cluster. Huge economic engine. See paper by Nicholas Velluzzi. #wedc #
• VanAusdle. There has been a related effort to ensure that land and water use is optimized. Have created partnerships with stakeholders. #
• Geoffrey Smith describing Center for Urban Waters at the mouth of the river in Tacoma. Sustainable building, partnerships, research #wedc #
• Getting ready to start intro to our intangible capital innovation ecosystem exercise #wedc Streaming at http://wedc1.dynamicwebcasting.net #

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Knowledge is a fundamentally different kind of economic asset

You have probably heard of the the Knowledge Era. You know that we shifted from the Industrial to the Knowledge Era sometime in the recent past. What you may not understand is the implication of this shift for economics–and for your own organization.

The big difference comes from this simple fact: Knowledge is infinite. Yes, you heard me correctly. Knowledge is an infinite asset. Giving it away or selling it does not diminish your supply of knowledge. This infinite nature of knowledge conflicts with one of the most basic assumptions of the economics that most of learned in school: Read more

Intangible Capital Reading List on Twitter for 2010-05-22

• Private equity should not be immune from conversations about short-term thinking of shareholder “value” ideology http://bit.ly/bCpfvD #
• The way to finance innovation is to finance intangible assets. IA are the inputs, innovation the output. http://bit.ly/awu9rf #
• Yes, intangibles drive revenues and cost…RT @BigMedicine: What is tangible value of intangible assets …Is there a price tag? #

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Problems ordering Intangible Capital? Here’s the solution.

Our book launch has been going well. Maybe too well. Amazon quickly shifted from offering delivery in a week to posting it as available in 2-4 weeks!!

Please know that this is not the case. A new shipment of books is on the way to them. But we haven’t been able to get through to them to get this reflected on the site.

We are very faithful customers of Amazon and intend to build our presence on the site. However, for now, the Buy buttons on our website will be going to our publisher Preager/Greenwood Publishing Group. We haven’t sold out the first run yet and Greenwood will get a book right out to you! If you are interested in a bulk order, let us know and we can help arrange it for you.

Thank you for the support!

Knowledge starts as a commodity…how it ends up depends on how it is packaged to meet a market need

The first thing to understand about knowledge is that, like oil, it is almost like a commodity, widely used and widely available. You could almost describe it as a natural resource. This resource is widely available in any library, on the Internet and given away regularly on television and in public schools.

There is no more graphic demonstration of this than the recent launching of the MITOpenCourseWare website by the Massachusetts Institute of Technology. Read more

Intangible Capital Reading List on Twitter for 2010-05-21

• Why does practice ignore this? Treating those at bottom of corporate ladder right improves the bottom line. http://bit.ly/ag6BXt #
• I love the idea of using lower tech solutions to our energy challenges http://bit.ly/c5FrCW #
• Amazon sold out of our book and is slow to update availability. It’s available now from publisher http://bit.ly/5Iodfw #
• At Boston KM forum. @rachel-levy presenting on taking Twitter to next level. She suggests liveblog for aggregating serial tweets #bostonkmf #
• Listwatcher notifies you when you are added to a list. Twellow searches profiles. TweepML to follow people on lists #bostonkmf #

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Intangible Capital Reading List on Twitter for 2010-05-21

• Why does practice ignore this? Treating those at bottom of corporate ladder right improves the bottom line. http://bit.ly/ag6BXt #
• I love the idea of using lower tech solutions to our energy challenges http://bit.ly/c5FrCW #
• Amazon sold out of our book and is slow to update availability. It’s available now from publisher http://bit.ly/5Iodfw #
• At Boston KM forum. @rachel-levy presenting on taking Twitter to next level. She suggests liveblog for aggregating serial tweets #bostonkmf #
• Listwatcher notifies you when you are added to a list. Twellow searches profiles. TweepML to follow people on lists #bostonkmf #

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Knowledge is the New Oil

—
Oil
It is hard to imagine the tangible economy without oil. It fuels our cars and trucks. It generates electricity to power our factories and homes. It serves as a raw material for products we use everyday, from plastics to fabrics, fertilizers, and high tech materials. These many uses for oil have made this commodity a source of great wealth.
—

Like oil, knowledge is both a product and a raw material. It is an abundant asset that is a part, directly or indirectly, of everything we use. And it can make you very rich. Knowledge has already made many people rich. Just ask Bill Gates and Paul Allen, the founders of Microsoft. Or ask Sergey Brin and Larry Page, the founders of Google. These are the modern day wildcatters, striking it rich by finding a new oil field with an essentially infinite supply. These wildcatters are a great illustration of the fact that there is a role for both luck and smarts in the knowledge business, or any business for that matter. But the story goes much deeper than these few success stories. Read more

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