The Nature of Knowledge and how to Account for it

摘要

One of the key challenges in science and technology is the evaluation of knowledge generated in either one or the other. This paper presents a case study where the use of acquired knowledge -in the form of lessons learned-applied to process improvement, meets the target of reduction of production costs for secondary -recycled-aluminium, and how this means that an intangible (knowledge embodied in software) can become tangible (a reduction in production costs), thus eligible to be reported in the company's balance sheet.