Part 1From, your own research, provide a general overview of the Knowledge Society on Humanand...

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Part 1From, your own research, provide a general overview of the Knowledge Society on Humanand Social Capital. (approx 1 page - 1.5 pages maximum)Part 2Is Knowledge Management a Fad or a Trend? Take a position and argue your case.(approx 1 page 0- 1.5 pages maximum)The aim of here is for quality, not quantity. Dot points are encourage to illustrate key pointswith short elaboration where appropriate.In addition, a reference list must be included citing all sources you consult.Upload your submission at the Assessment 1Upload link on moodle.This is an individual task. Due at the beginning of your class in Week 4 (Class A – 5August and Class B – 9 August). Tutorial time will be allocated to help you prepare yoursubmission.A penalty of 10% of the available mark will be applied for each day the assessment is late.If the assessment is more than one week late without acceptable reason or prior approval,your work will not be marked and you will received a zero for this assessment			Document Preview:				Part 1 From, your own research, provide a general overview of the Knowledge Society on Human  and Social Capital. (approx 1 page - 1.5 pages maximum) Part 2 Is Knowledge Management a Fad or a Trend? Take a position and argue your case. (approx 1 page 0- 1.5 pages maximum) The aim of here is for quality, not quantity. Dot points are encourage to illustrate key points  with short elaboration where appropriate. In addition, a reference list must be included citing all sources you consult.  Upload your submission at the Assessment 1Upload link on moodle. This is an individual task. Due at the beginning of your class in Week 4 (Class A – 5  August and Class B – 9 August). Tutorial time will be allocated to help you prepare your  submission. A penalty of 10% of the available mark will be applied for each day the assessment is late. If the assessment is more than one week late without acceptable reason or prior approval,  your work will not be marked and you will received a zero for this assessment

Robert · Accepted Answer

Knowledge Management 
Knowledge Society on Human and Social capital 
Introduction 
Knowledge society is the is the society which has a strong focus on creativity, innovation 
and use of new knowledge to enhance the growth of the organization with a strong focus on 
creativity and innovation in all the area of life.  
Human and social capital is considered to be important drivers for the economic growth 
of the country. This is widely and effectively supported by knowledge management which helps 
in stimulating the economic returns to the country or the organization.  
Technological changes and innovation are considered as an important aspect in creating 
knowledge society. With the changing technology and innovation, the knowledge society has 
increased their contribution in the economic development. 
Sustainability within the knowledge society is very important as with that they are able to 
assure that the human and social capital are able to contribute to the knowledge society and 
development. They focus on building the human and social capital with a focus on meeting the 
economic, environmental, social as well as cognitive and psychological challenges. The 
knowledge society depends on sharing and transferring knowledge. 
Kogut and Zander (1992) argued that the persistence of a firm‟s capabilities is related to 
the social fabric of personal relationships, which are supported by the firm‟s organizing 
principles and structures. Firms are more effective than markets at transferring knowledge, 
because they create a social community where knowledge can be created and transferred (Kogut 
& Zander, 1993). The firm‟s organizing principles must support the social knowledge of 
cooperation and knowledge sharing. Nonaka and Takeuchi (1995) proposed that new 
organizational knowledge is continually created through an informal process of socialization, 
externalization, combination, and internalization of tacit knowledge.

Part 1 From, your own research, provide a general overview of the Knowledge Society on Human and Social Capital. (approx 1 page - 1.5 pages maximum) Part 2 Is Knowledge Management a Fad or a Trend?...

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