Lighting the Way Knowledge Assessment in Prince Edward Island (1999) / Chapter Skim
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2 The Knowledge Assessment Methodology
2 The Knowledge Assessment Methodology
Pages 9-10
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From page 9... ...
In later phases, local participants play the roles of stakeholders in the enterprises selected by the investors and help them prepare business plans. In each case, of course, the object is not to select enterprises for real investment but to use this method as a vehicle for exploring the strengths and weaknesses of the local knowledge economy.
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From page 10... ...
Vanguard enterprises are hypothetical enterprises advanced in the use of knowledge but not yet present in the jurisdiction; they are selected for their usefulness as a vehicle to explore the strengths and weaknesses of the local knowledge economy. The small number of international experts versed in best practice in each vanguard enterprise work with local experts who play the role of stakeholders to draft a business plan for each hypothetical vanguard enterprise, and in this way they can identify the impediments to the creation and success of real enterprises that are similar to the hypothesized enterprises.
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