Accounting Quote by Jane Smiley
“Another thing he told his customers was that one of the great accounting unknowns of the modern age was how to value knowledge. It was an exciting field.”
About This Quote
Source Essay: Business Review, 2019, on valuation of knowledge assets
Valuing knowledge is a complex, often overlooked challenge in modern economies
In simple terms: Knowledge is hard to price
Key Takeaway
Consider knowledge as a strategic asset
Themes
economics
valuation
knowledge management
Mood
analytical
thoughtful
Type
explanatory
inspirational
When to use this quote
- corporate strategy meetings
- R&D budgeting
- educational funding decisions
Key Concepts
intangible assets
intellectual property
knowledge economy
Questions to Reflect On
- How can organizations better assess knowledge value?
- What metrics could capture knowledge impact?
A Different Perspective
Knowledge may be intangible and difficult to measure
