Those parts of an organization’s intangible assets that relate specifically to knowledge, such as know-how, best practice, intellectual property and the like. Knowledge assets are often divided into human (people, teams, networks and communities), structural (the codified knowledge that can be found in processes and procedures) and technological (the technologies that support knowledge sharing such as databases and intranets). By understanding the knowledge assets an organization possesses, the organization can improve its ability to use them to best effect and also to spot any gaps that may exist.
Reference: N Wickramasinghe, G Davison, 2004. Making explicit the implicit knowledge assets in healthcare: the case of multidisciplinary teams in care and cure environments. Health Care Management Science, 7(3), pp185-195
Definition from Knowledge Management Specialist Library
View the NHS Knowledge Mobilisation Framework E-learning module on Knowledge Assets