Science Research Management ›› 2012, Vol. 33 ›› Issue (12): 126-134.

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The structure and measurement of internal knowledge market

Liu Zhicheng1, Chen Jiang2, Wu Nengquan1   

  1. 1. School of Business, Sun Yat-sen University, Guangzhou 510275, China;
    2. School of Economics and Management, Hainan Normal University, Haikou 571158, China
  • Received:2010-10-12 Revised:2011-04-06 Online:2012-12-27 Published:2012-12-17

Abstract: Knowledge is the dominant source of competitive advantage, organizations could improve the performance of knowledge by using market mechanism; the effectiveness of knowledge market will directly determine organizational advantage. Firstly, an open questionnaire of 107 managers and employees are investigated, inductive analysis shows that the effectiveness of internal knowledge market including six factors; secondly, a sample of 315 is selected to test the factors affecting internal knowledge market. Results show that the effectiveness of internal knowledge market is a five-factor structure, while the designed scale has good reliability and validity. The theoretical structure discovery of knowledge market efficiency and the development of corresponding questionnaire have both important theoretical and practical values.

Key words: knowledge market, market efficiency, influence factor, inductive analysis

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