Human potential: How knowledge can be measured

Hans-Diedrich Kreft
Additional contact information
Hans-Diedrich Kreft: VisionPatents AG

GE, Growth, Math methods from EconWPA

Abstract: A measurement value for knowledge is introduced on the basis of mathematics. This measurement value expands the potential for economic analysis, reveals new interconnections, and defines familiar economic characteristics in mathematical terms. As an example, a mathematical formula for the competence of a company is derived here in an illustrative fashion and the relation-ships between growth in turnover, stability and effectivity are shown. In conclusion a number of interpretative comments are made on the significance of the approach for future economic theory.

Keywords: Measure of knowledge; bit of knowledge; competence; human potential; stability; unemployment and knowledge (search for similar items in EconPapers)
JEL-codes: C6 D5 D9 (search for similar items in EconPapers)
Date: 2004-07-11
Note: Type of Document - pdf; pages: 17. A mathematical method for deriving a measure of knowledge is developed

Downloads: (external link)
http://129.3.20.41/eps/ge/papers/0407/0407001.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpge:0407001

Access Statistics for this paper

More papers in GE, Growth, Math methods from EconWPA
Series data maintained by EconWPA ().