Knowledge Commerce (K-commerce) is simply the transformation of a company's knowledge assets into products or services that can be sold online.
As an example, suppose your company's engineers have developed an innovative, faster, and more cost-effective method for coating tablets. This method could revolutionize the dredging and coating sectors of the pharmaceutical industries. So, you think, why not sell that knowledge to other interested organizations?
Therefore, you hire a communications team to transform this knowledge into e-books, books, training courses, diagrams, handouts, spreadsheets, CDs, DVDs, and consulting services, among other products and services, which can be sold in online stores , on online course websites, and through internet-based consulting channels, among other possibilities.
In some cases, knowledge itself may be the bargaining chip. Companies and professionals will be able to exchange knowledge with each other, as well as improve knowledge together in order to produce new, more advanced products and services.
K-commerce is, therefore, a way that the directors and professionals of small, medium and large companies have found to transform their intangible intellectual capital into a package of tangible and marketable services and products via e-commerce.
