Knowledge value chain
The knowledge value chain is like a production line for ideas. It starts with someone having an idea and then it goes through several steps until an outcome is reached.
1. Generating an Idea: Someone comes up with an idea. It could be something new like a way to do a task more efficiently or it could be an old idea with a new twist.
2. Research: Next, research is done to see if the idea is feasible or if it will work. People look at data, experiments, and other sources to learn more.
3. Analysis: People look at the data they have gathered and think carefully about whether this idea will work. They also make sure no one else has thought of the same idea before.
4. Development: If the idea has proved to be feasible, the people working on it create a plan for developing it. This includes how the idea will be built and tested.
5. Testing: The team tests the idea to see if it actually works and to check for any problems.
6. Production: After the idea is successfully tested and confirmed, it is produced for real-world use.
7. Evaluation: This is when people look at how the idea worked in the real world. They use this information to improve the idea, or to produce more of it.
So the knowledge value chain is like a production line for ideas, it takes an idea from start to finish and helps people create something useful in the end.
1. Generating an Idea: Someone comes up with an idea. It could be something new like a way to do a task more efficiently or it could be an old idea with a new twist.
2. Research: Next, research is done to see if the idea is feasible or if it will work. People look at data, experiments, and other sources to learn more.
3. Analysis: People look at the data they have gathered and think carefully about whether this idea will work. They also make sure no one else has thought of the same idea before.
4. Development: If the idea has proved to be feasible, the people working on it create a plan for developing it. This includes how the idea will be built and tested.
5. Testing: The team tests the idea to see if it actually works and to check for any problems.
6. Production: After the idea is successfully tested and confirmed, it is produced for real-world use.
7. Evaluation: This is when people look at how the idea worked in the real world. They use this information to improve the idea, or to produce more of it.
So the knowledge value chain is like a production line for ideas, it takes an idea from start to finish and helps people create something useful in the end.