The strategic management of knowledge resources

This paper reviews contemporary international IC frameworks and determines their strengths and weaknesses and from this a new model is developed. The proposed SMKR framework focuses on organisational sustainability and provides new understandings as to how the organisation can engage with the following elements: stakeholder engagement, establishment of a dynamic view of knowledge resources management and a focus on emergent strategies. It suggests that policy developments in the area of knowledge resource management, measurement and reporting should include these important elements that receive only limited attention within contemporary international IC frameworks. The main implications of this paper are that current contemporary IC frameworks are limited and that to overcome these limitations an engagement with relevant aspects of the literature pertaining to strategy, performance measurement and management of IC is necessary. Finally, the paper contributes to ongoing policy debates about suitable frameworks for the managing and reporting of knowledge resources.