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CHoKO

Clearing House for Knowledge Options (CHoKO) - creating a marketplace for knowledge

Total Cost €

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EC-Contrib. €

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Partnership

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 CHoKO project word cloud

Explore the words cloud of the CHoKO project. It provides you a very rough idea of what is the project "CHoKO" about.

intensive    pros    rate    privacy    validate    actual    trillion    licensing    playlists    start    determined    feasibility    mitigate    world    individual    24    stand    priced    instead    fixed    knowliah    knowledge    2020    15m    pilot    implementing    collect    royalties    buy    mass    intellectual    workers    fees    mirrors    service    education    membership    exist    experts    valued    live    phase    sell    irrespective    property    industries    proportion    protection    trans    itself    point    clearing    international    platform    est    pricing    copyrights    employees    shared    music    artists    revenues    producers    equity    tracking    ambition    freemium    ups    disrupt    speed    authors    customers    remunerate    alone    data    regard    kti    drain    foundations    engage    markets    commissions    reaching    valuing    online    gt    nationally    brain    sme    stations    viability    tv    adoption    reflecting    social    distribute    incl    ways    exchange    profit    economy    performance    companies    entertainment    communities    options    choko    re    200m    critical    commercialisation    rights    house    fundamentally    54m    15    time    solution   

Project "CHoKO" data sheet

The following table provides information about the project.

Coordinator
KNOWLIAH NV 

Organization address
address: LEUVENSESTEENWEG 282c
city: BOORTMEERBEEK
postcode: 3190
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Belgium [BE]
 Project website http://www.knowliahcommunity.com
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.6. (SOCIETAL CHALLENGES - Europe In A Changing World - Inclusive, Innovative And Reflective Societies)
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2015
 Funding Scheme SME-1
 Starting year 2015
 Duration (year-month-day) from 2015-09-01   to  2016-02-29

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    KNOWLIAH NV BE (BOORTMEERBEEK) coordinator 50˙000.00

Map

 Project objective

Knowledge and technology intensive (KTI) industries contribute >€15 trillion to the world economy. Yet there are no markets for knowledge itself, because there exist no common methods for valuing and therefore pricing knowledge. Instead, producers of knowledge, incl. experts and employees, sell their time at a fixed rate reflecting education and experience, but irrespective of value to their customers. Knowliah's Clearing House for Knowledge Options (CHoKO) fundamentally changes the way knowledge is valued and priced: CHoKO is an online platform tracking both production and use of knowledge, whose value is determined not at the point of exchange but at the point of (re)use; and producers get royalties in proportion to that value. This mirrors the role of Performance Rights Organisations (PROs) in the entertainment sector, who collect royalties from TV and music stations and distribute these to authors according to the playlists, i.e. actual use. Our ambition is for CHoKO to disrupt the traditional ways (i) for SME's to sell (and buy) their knowledge, (ii) to remunerate knowledge workers, artists, and social-profit workers, (iii) to value the knowledge equity of companies incl. start-ups, (iv) to manage intellectual property rights, and (v) to mitigate 'brain drain'. Revenues come from (i) licensing, implementing and operating the platform as stand-alone or shared service solution in companies - est. €5.4-54m by 2020; (ii) freemium membership fees from individual users - est. €9.6-15m by 2020; and (iii) commissions on royalties - est. €24-200m by 2020. The feasibility study will assess the project's viability: research and validate the legal foundations (with regard to privacy, data protection, and copyrights) for operating trans-nationally; assess, during a 6-month live pilot, factors that affect the rate and speed of adoption towards reaching critical mass among target communities; and identify and engage key international partners for commercialisation in Phase

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The information about "CHOKO" are provided by the European Opendata Portal: CORDIS opendata.

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