Posted by Mezei on September 24, 2002 at 14:49:39:

Tacit knowledge costs you money (a/p) and explicit knowledge makes you money (a/r). So this ongoing dynamic between tacit and explicit knowledge is recorded or 'measured' by the accounting department.

All the entries are the intellectual capital of the organisation. So if you end up with a profit at the end of the year, your intellectual capital assets are in the black.

More late (just at work)_....

Don

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