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The Wealth of Institutions
Research-based institutions are in the knowledge business. They generate, process and store knowledge. They innovate, apply and disseminate. They produce the people who move across the economy enabling other organisations to exploit knowledge for economic and social benefit. Knowledge is the currency of research: it flows and accumulates, and institutions and individuals gain by displaying their Wealth of Knowledge.
In this paper we review the evolving public environment for knowledge management and we consider how institutions have responded to the pressures and demands that this has brought.