Knowledge Management and Balancing of Knowledge

The logistics of knowledge means managing the need for knowledge, as well as the supply and transfer of knowledge. The transfer of knowledge occurs between generations, in a regional innovation system and today, with increasing frequency and importance, across international borders. A company`s balance sheet of knowledge gives important arguments in support of material property, which is important for establishing a knowledge rating. The goal of rating is to evaluate, by using a standardised procedure, the economics position of a company – its credit worthiness. Such a method of intellectual capital valuation enables an investor (for instance, banks) to foresee the future solvency of a debtor (company) and thus obtain a risk assessment. Improved rating leads to lower interest expenses and at the same time increased profits to increase in a part of company`s own capital.