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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.

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

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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