Abundance is the key

Is knowledge management about management of knowledge or management of the knower. I think it's both. Knowledge as hardware, software, design, patent, paper, or other forms of representation can and ought to be managed. However, a lot of valuable knowledge only resides in people's head. Tacit knowledge can be created and shared primarily through the networking and interaction between the knower and the learner. What needs to be remembered is that effective management of valuable knowledge requries systematic measures, not ad hoc actions.

Often the use of knowledge as a logical assets creates increasing return due to the network effect. The network effect results when two entities interact to produce the result that is greater than the sum. Knowledge sharing, wehn done in the way way, produces network effect, which in turn propels increasing return. This, coupling with the fact that knowledge is only used and not consumed (used up), explains why knowledge economy is an economy of abundance, not scarcity. From both individual and management's point of view, this is a great example of "is give is to get."