This book deals with knowledge management with an emphasis on knowledge risk, i.e., a general trend of knowledge value getting shorter and becoming temporary. The shortening of knowledge value lifespan will have a profound impact on companies' employment policies, and employees' strategies for gaining knowledge.How to manage knowledge selection, including personnel management, will be the key to survival for companies, when corporate competency shifts from stable business contacts to the quality of their offers, and when the value of knowledge, which is the foundation of products and services, is becoming more and more short-lived. Work-sharing and human resource derivatives are thus proposed as new concepts in order to deal with knowledge selection risk.Contents:The End of Knowledge Stock and the Emerging Knowledge Selection Risk:The Shift in the Definition of “Knowlege”The Cost of Knowledge Transfer and the Motives Behind Knowledge InheritanceKnowledge Transfer SelectionThe Impact of Knowledge SelectionHow to Manage Knowledge Selection Risk:Tasks of Knowledge Selection SocietyVisualization of Knowledge DemandMatching of Knowledge Supply and DemandSecuring the Time Cost of Knowledge TransferImproving the Efficiency of Knowledge Transfer SystemsThe Framework of Knowledge Selection SocietyReadership: Academics, students and general readers interested in knowledge management and risk strategy.