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How Knowledge Organizations Work: The Case of Real Estate Agencies

  • Cathrine Filstad

    ()

    (Norwegian School of Management)

  • Petter Gottschalk

    ()

    (Norwegian School of Management)

Registered author(s):

    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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    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
    Web page: http://www.asres.org/

    Order Information: Postal: Asian Real Estate Society, 51 Monroe Street, Plaza E-6, Rockville, MD 20850, USA
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    1. 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.
    2. James B. Rebitzer & Lowell J. Taylor, 2007. "When Knowledge Is an Asset: Explaining the Organizational Structure of Large Law Firms," Journal of Labor Economics, University of Chicago Press, vol. 25, pages 201-229.
    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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