Showing 1 - 7 of 7
existing knowledge is supplemented by the idea that markets are also most effectively creating new knowledge. However, in his … assessment Hayek neglects the role of new technological knowledge. He ignores that the discovery procedure induces not only price …
Persistent link: https://www.econbiz.de/10009643731
The functionality of organizational routines, i.e. the factual value for accomplishing their purposes, is an important constraint on the capabilities an organization can bring to bear on its operations. Often falling short of its potential, the actual make-up of organizational routines invites...
Persistent link: https://www.econbiz.de/10008632869
This paper discusses several features of knowledge that are often considered crucial for characterizing the economic … significance of knowledge: whether it is overtly accessible or tacit, whether it can be or is encoded or not, and whether it has … public or private good character. It is argued that all these features depend similarly on the state of the knowledge …
Persistent link: https://www.econbiz.de/10005090570
To produce an effect, knowledge needs to be first acquired and expressed by a human agent. This trivial fact is a … constraint on knowledge commercialization. The highly systemic nature of the decentralized production of knowledge is another …, focusing particularly on the often-neglected entrepreneurial aspects of the transfer of knowledge. It shows how the constraints …
Persistent link: https://www.econbiz.de/10008603418
The work presents the main evolutions towards the New Economy based on knowledge by passing from the Industrial Era to … and the potentiating of a new economic factor, that is the knowledge, and the companies’ leaderships have been obliged to … knowledge, which, according to the New School from Cambridge, are classified as follows: the principle of the human existence in …
Persistent link: https://www.econbiz.de/10008677470
The work consists in explaining the microeconomic perspective (the approach) of the economy based on knowledge; and …; determining the knowledge and the information as resources, is at the basis of this reality called economy based on knowledge. The … indistinguishable passing from an economy based on material resources to an economy based on knowledge had and will have a series of …
Persistent link: https://www.econbiz.de/10008690160
knowledge); issues of organizational capital( those related to knowledge management). Therefore, organizational context, several … questions arise: What knowledge do we have? What knowledge do we need now and in the future? How can we create an environment … knowledge to be captured stored and used judiciously? This paper focuses on human capital theory, but there will also be raised …
Persistent link: https://www.econbiz.de/10011191400