Towards a methodological framework for designing a knowledge market

Higher education institutions in Indonesia are widely dispersed by their expertise, their supporting infrastructure, and even by geographical separation. To facilitate knowledge sharing in such a complex system is a challenging task. This paper proposes a conceptual model of a knowledge market as a possible mechanism to overcome the problem. By employing the market mechanism in higher education knowledge sharing, both seller and buyer of knowledge can meet and make transactions to exchange the results of intellectual efforts. When used is a digital environment, we use the term `Knowledge as a Service´ to designate the support of the market actor and the term `Market as a Service´ to refer the organization of the market. Supporting Optimum knowledge exchange is achieved as a consequence of the market mechanism. This framework is to be evaluated by a case study to support the design of a framework for knowledge exchange in the higher education system in Indonesia.