Knowledge Management Guided by Economic Valuation Models

We examine Space Mission Knowledge Management (KM), where enterprise knowledge is created by knowledge workers within communities of practice (CoP) and other contributors. We consider the increasing impact of Social Software (SSW) on a modern KM enterprise and regard the difficulty in harmonizing the SSW benefits to the space-missions enterprise via Web 2.0 and other technologies in conjunction with associated organizational change initiatives. The notion of knowledge tightness is presented, and knowledge markets are compared with capital markets. It is argued that knowledge should be prescriptive, collective, and tight in order to accommodate effective KM. A review of KM activities within The Aerospace Corporation (Aerospace) is provided to illustrate KM applications for National Security Space (NSS).