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The economic implications of users willingness to increase knowledge capital in health informatics
V Vimarlund1, T Timpka, N Hallberg
1MDA, Department of Computer Science, Linköping University, Sweden. vivvi@ida.liu.se
Objective:
To develop an economic model of health care professionals demand for knowledge capital in health informatics.
Design:
Case study with application of the Contingent Valuation Method to develop a small-scale model.
Setting:
Specialized clinic at a university Hospital in Sweden.
Results:
The model displays the economic rationale behind an individual's choice to spend leisure time for obtaining knowledge in health informatics. This decision reduces the total leisure time, but does not increase salary. Instead, it may increase the personal well being by higher satisfaction gained from using information systems and by being recognized as a computer expert.
Conclusions:
Individuals have preferences over all uses of time and for activities they can choose to engage in Support of health care staff's investment in health informatics knowledge capital may benefit both the individuals and indirectly the health care organization.