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Contents
Pragmatic knowledge services
Journal of Universal Computer Science, vol. 17, no. 3 (2011), 472-497 submitted: 30/10/10, accepted: 28/1/11, appeared: 1/2/11 © J.UCS; Mikko V. Pohjola, Pasi Pohjola, Sami Paavola, Merja Bauters, Jouni T. Tuomisto
Abstract
Knowledge, innovations and their implementation in effective practices are essential for development in all fields of societal action, e.g. policy, business, health, education, and everyday life. However, managing the interrelations between knowledge, innovation and practice is complicated. Facilitation by suitable knowledge services is needed. This paper explores the theory of converging knowledge, innovation, and practice, discusses some advances in information systems development, and identifies general requirements for pragmatic knowledge services. A trialogical approach to knowledge creation and learning is adopted as a viable theoretical basis. Also three examples of novel knowledge services Opasnet, Innovillage, and Knowledge Practices Environment (KPE), are presented. Eventually, it is concluded that pragmatic knowledge services, as hybrid systems of information technology and its users, are not only means for creation of practical knowledge, but vehicles of a cultural change from individualistic perceptions of knowledge work towards mediated collaboration.
Mikko V. Pohjola, Pasi Pohjola, Sami Paavola, Merja Bauters, Jouni T. Tuomisto: Pragmatic knowledge services. Opasnet 2011. [1]. Accessed 09 May 2024. This page has also been published elsewhere: Journal of Universal Computer Science, vol. 17, no. 3 (2011), 472-497.
Keywords
Collective knowledge, Trialogical approach, Innovation, Knowledge practices, Pragmatism, Collaborative knowledge services, Open assessment, Opasnet, Innovillage, KP-Lab, KPE
State of the art in benefit–risk analysis: Economics and Marketing-Finance
Food and Chemical Toxicology 50 (2012) 56–66
N. Kalogeras, G. Odekerken-Schröder, J.M.E. Pennings, H. Gunnlaugsdottir, F. Holm, O. Leino, J.M. Luteijn, S.H. Magnússon, M.V. Pohjola, M.J. Tijhuis, J.T. Tuomisto, Ø. Ueland, B.C. White, H. Verhagen doi:10.1016/j.fct.2011.07.066
Abstract
All market participants (e.g., investors, producers, consumers) accept a certain level of risk as necessary to achieve certain benefits. There are many types of risk including price, production, financial, institutional, and individual human risks. All these risks should be effectively managed in order to derive the utmost of benefits and avoid disruption and/or catastrophic economic consequences for the food industry. The iden- tification, analysis, determination, and understanding of the benefit–risk trade-offs of market participants in the food markets may help policy makers, financial analysts and marketers to make well-informed and effective corporate investment strategies in order to deal with highly uncertain and risky situations. In this paper, we discuss the role that benefits and risks play in the formation of the decision-making pro- cess of market-participants, who are engaged in the upstream and downstream stages of the food supply chain. In addition, we review the most common approaches (expected utility model and psychometrics) for measuring benefit–risk trade-offs in the economics and marketing-finance literature, and different fac- tors that may affect the economic behaviour in the light of benefit–risk analyses. Building on the findings of our review, we introduce a conceptual framework to study the benefit–risk behaviour of market participants. Specifically, we suggest the decoupling of benefits and risks into the sep- arate components of utilitarian benefits, hedonic benefits, and risk attitude and risk perception, respec- tively. Predicting and explaining how market participants in the food industry form their overall attitude in light of benefit–risk trade-offs may be critical for policy-makers and managers who need to understand the drivers of the economic behaviour of market participants with respect to production, marketing and consumption of food products.
Read the whole study here.
Keywords
Benefit–risk trade-offs, Decoupling, Utility, Economics, Marketing-Finance
