Expert

Bryan Davis

Bryan Elliot Davis is President of The KAIETEUR Institute for Knowledge Management, an independent management consultancy, research think tank, applied knowledge lab, and knowledge practices network. KiKM provides strategic management consulting, education, research, and knowledge market advisory services to select clients, for the profitable application of innovative knowledge economy thinking to business. Bryan provides advanced research and consulting services related to knowledge markets and exchanges, knowledge networks, knowledge cities, knowledge-enabling software, knowledge-based business models, knowledge value innovation, knowledge entrepreneurship, knowledge pattern recognition, the enterprise ideas economy, and related concepts. Bryan is recognized as a leading authority on these specialized subjects. He is the E100 Fellow for Knowledge Intelligence for ENTOVATION International Ltd. He lectures on Knowledge Management at the University of Toronto in the School for Continuing Studies. He is also a faculty associate of Banff Executive Leadership Inc. He is an accomplished presenter and regularly participates in international conferences, giving lively, stimulating, and thought provoking presentations.

MODULE - Harnessing Knowledge Market Innovations for Entrepreneurial and Business Advantage

Objective

The course is targeted at providing students with an entrepreneurial mindset towards the optimal exploitation of ideas, intellectual property, expertise, talent, learning, and intangible assets. It aims to contribute to higher performance and improved practices in the pursuit of knowledge driven innovation. It focuses on the availability of exploitable new opportunities and options in the rapidly expanding frontier for knowledge commerce, knowledge networking, knowledge trading, knowledge exchange, community partnership, knowledge brokering, and team collaboration.

Short description

Markets are as old as human communities. With the growth of the internet there are increasingly markets for everything (eg. e-Bay). It is quite natural, organic, and logical to expect in the knowledge era, there will be expansion in markets for talent, ideas, intellectual property, designs, and expert knowledge services of all kinds. (ie. think "e-Bay for ideas"). Markets generally tend to foster greater efficiency, flexibility, growth, motivation, and wealth creation, for enterprises and well as economies. That’s also the phenomenal promise of knowledge markets. Knowledge Markets are formal or informal community contexts, platforms, or environments (real or virtual) used to promote knowledge commerce, trade and exchange, demand and supply, between knowledge buyers and sellers. They are used to organize, coordinate, aggregate, facilitate, communicate, broker, and network flows and exchanges of knowledge between knowledge seekers and knowledge providers. A wide range of knowledge capital assets can be traded, swapped, bartered, and exchanged. These assets can be in the form of questions and answers, ideas, expertise, know how, intellectual property, designs, social capital, intangibles, talent, human capital, brain-power, learning, training, education, software, professional services, and projects. The value for entrepreneurs and intrapreneurs can include lower costs and overhead, profitable leveraging of networked brainpower, access to just-in-time project resources, new ways to monetize knowledge capital and intangible assets, opportunities for acquiring and supplying knowledge services, faster access to idea commercialization partners, new productive harvesting of customer suggestions and ideas, smarter trend spotting and forecasting of market changes, emerging opportunities, and dangerous disruptive risks.

Course Structure

Part 1 – Knowledge Markets Revolution in knowledge exchange & brain circulation Knowledge capitalists and knowledge investors Opening a new frontier for freelancers, inventors, innovators, idea geniuses, creative designers, intellectual property holders, technology licensors, learners, and other intellectual capitalists , Market-space dynamics , Triangulating markets, communities, and networks Market-space segmentation A taxonomy of knowledge markets Leading knowledge market exchange innovations Knowledge-based business model innovations Knowledge market architectures Big ideas such as open innovation, crowd-sourcing and the wisdom of crowds Knowledge ventures and entrepreneurs in action Knowledge innovation zones Part 2 – Knowledge Market Next Practices A case based approach to learning state of the art practices involving the exploitation and leveraging of knowledge markets for innovation advantage. Learn how entrepreneurs can harness: Question and answer exchanges to seek answers from experts to important questions or to become knowledge providers Crowd-sourcing and prediction markets to anticipate future trends and developments, to spot opportunities and manage risks Freelance markets and experts exchanges to source talent and project resources Knowledge and learning exchanges to acquire or provide knowledge services Social media and social networking to support knowledge collaboration Idea and innovation exchanges to foster open innovation and customer interaction Idea exchanges to run problem solving challenge competitions, and to tap into global expertise and innovation brainpower Intellectual property exchanges and auctions to buy, sell or license IP or inventions, or support technology transfer from universities and research labs Vertical industry knowledge marketplaces to find partners, broker deals, find new business opportunities Social and community capital knowledge exchanges to trade knowledge for socially responsible economic development, and social entrepreneurship purposes Knowledge banks and knowledge stores to provide access to and monetize digital content Virtual and game-based worlds to trade intellectual currency and intangible assets Face to face and time boxed knowledge trade fairs, expositions, and marketplaces, to trade know-how with others Part 3 – Knowledge Market Enabling Technologies Knowledge grids and clouds, web 2.0, social media, and social networking Search and social search technologies Difference between a portal and a knowledge exchange marketplace Virtual worlds and game based technologies Auction engines, Digital rights management systems E-learning systems Talent exchange technologies IP Asset Management systems Video and Telepresence IP Asset Management Systems Other related web Digital platform developments Part 4 – Challenges Ahead Governance and policy issues Interoperability and platform standards Trust, confidence, and third part agents Operator, market-maker, and broker roles Risk management Open versus proprietary systems Culture and change Enterprise adoption Intangibility and volatility in valuations Attaining critical mass and scalability Sustainable growth and profitability Performance monitoring and measurement – new indicators Achieving high performance knowledge innovation using knowledge markets