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How Knowledge Organizations Work: The Case of Real Estate Agencies

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Author Info

  • Cathrine Filstad

    ()
    (Norwegian School of Management)

  • Petter Gottschalk

    ()
    (Norwegian School of Management)

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    Abstract

    This paper is concerned with value configurations that represent different value creation logic. We suggest the value shop as an appropriate value configuration for real estate agencies, where knowledge is the most important resource that is applied to solve problems. The knowledge organization has emerged as the dominant structure of both public and private organizations in the transition from an industrial to a knowledge society. According to the knowledge-based theory of organizations, knowledge is the main resource for an organization’s survival and success.

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    File URL: http://www.umac.mo/fba/irer/papers/past/vol12n1_pdf/05.pdf
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    Bibliographic Info

    Article provided by Asian Real Estate Society in its journal International Real Estate Review.

    Volume (Year): 12 (2009)
    Issue (Month): 1 ()
    Pages: 88-97

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    Handle: RePEc:ire:issued:v:12:n:01:2009:p:88-97

    Contact details of provider:
    Postal: Asia Real Estate Society, 51 Monroe Street, Plaza E-6, Rockville, MD 20850, USA
    Email:
    Web page: http://www.asres.org/

    Order Information:
    Postal: Asian Real Estate Society, 51 Monroe Street, Plaza E-6, Rockville, MD 20850, USA
    Email:
    Web: http://www.asres.org/

    Related research

    Keywords: Value configuration; Value shop; Knowledge management; Problem solving;

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    References

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    1. James B. Rebitzer & Lowell J. Taylor, 2006. "When Knowledge is an Asset: Explaining the Organizational Structure of Large Law Firms," Economics Working Paper Archive wp_477, Levy Economics Institute.
    2. Elizabeth Hemphill, 2007. "Factors Affecting Real Estate Broker Selection: What Really Counts?," International Real Estate Review, Asian Real Estate Society, vol. 10(1), pages 1-25.
    3. Helen Lawton Smith, 2003. "Knowledge Organizations and Local Economic Development: The Cases of Oxford and Grenoble," Regional Studies, Taylor & Francis Journals, vol. 37(9), pages 899-909.
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