The idea of "capital" is a central concept of capitalism, the overwhelmingly dominant economic system in the world today.
Q: 2 In the past, people believed that "knowledge is power" and they sometimes used such knowledge to "build empire that resulted in isolated, dysfunctional organizational units. In the new knowledge-sharing environment, illustrate how this tendency to hoard knowledge and expertise could be minimized or eliminated
To me our knowledge of the way things work, in society or in nature, comes trailing clouds of vagueness. Vast ills have followed a belief in certainty, whether historic inevitability, grand diplomatic designs, or extreme views on economic policy. When developing policy with wide effects for an individual or society, caution is needed because we cannot predict the consequences. The development of ways to deal with complex systems is now taking place in many disciplines, but slowly and not without controversy. Complexity theories fell into some disrepute when some management "gurus" tried to map complex adaptive system theories onto business management and market trading strategies - with less than successful results for investors. It now seems likely that the level of similarity in adaptation strategies between, say, populations of sharks and populations of stock-market day-traders is less than some have "seen." But the broad outlines of all complex systems appear to be tantalizingly analogous and can give us some clues for new things to try - even if we cannot predict in advance that these things will work just like they do in other systems.
Alexander Kouzmin and Alan Jarman, "Crisis Decision Making: Towards a Contingent Decisions Path Perspective," in Uriel Rosenthal, Michael T.Charles, and Paul T. Hart, eds., Coping With Crisis: The Management of Disasters, Riots and Terrorism, Springfield IL: Charles C. Thomas Publishers, pp. 397-435
Q: 3 Although it is legal to discover trade secrets through reverse engineering, evaluate whether or not it really should be illegal.
Because reverse engineering can be used to reconstruct source code, it walks a fine line in intellectual property law. Many software