Breaking New Ground In Simulating Knowledge Management Processes: SIMISPACE2

The purpose of this paper is to explain exactly how SimISpace2 works, i.e. to illustrate the distinctive features and underlying processes of this unique simulation environment. There is no other program available to researchers that can model strategic knowledge management processes in such a complex manner. By describing the inner workings of the simulation, we demonstrate the benefit of the new simulation software for future researchers. We show that the simulation model is a viable research tool for understanding the role of knowledge structures, knowledge value and knowledge accumulation and development strategies in various settings.