The principal resource of the 21st century will not be labor, or raw materials, or even capital, according to such prominent business consultants as Peter F. Drucker, professor of social science and management at Claremont Graduate University. It will be knowledge: a fundamentally different resource from the other three.1 In science, especially in biotechnology, where the pace of gathering and transferring knowledge is rapid, proper management of this central resource is already a major challenge.
![]() Mary Ann Rafferty |
"Knowledge, unlike lots of other ...