Open AccessInternational Real Estate Review
Author(s) -
Cathrine Filstad,
AUTHOR_ID,
Petter Gottschalk,
AUTHOR_ID
Publication year - 2009
Publication title -
journal of the asian real estate society
Language(s) - English
Resource type - Journals
ISSN - 1029-6131
DOI - 10.53383/100106
Subject(s) - value (mathematics) , resource (disambiguation) , real estate , estate , knowledge management , business , value creation , transition (genetics) , computer science , finance , computer network , biochemistry , chemistry , machine learning , gene
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.