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
represents a new economy where innovation process (the ability to absorb and convert new knowledge to create new products and …Abstract: Knowledge seems to be the only power that ensures social progress, economic and democratic that is not eroded … over time. Orientation to capture and assimilation of knowledge is the most organizations confirmation of functional …
Persistent link: https://www.econbiz.de/10010700642
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
represents a new economy where innovation process (the ability to absorb and convert new knowledge to create new products and …Abstract: Knowledge seems to be the only power that ensures social progress, economic and democratic that is not eroded … over time. Orientation to capture and assimilation of knowledge is the most organizations confirmation of functional …
Persistent link: https://www.econbiz.de/10010764435
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
represents a new economy where innovation process (the ability to absorb and convert new knowledge to create new products and …Abstract: Knowledge seems to be the only power that ensures social progress, economic and democratic that is not eroded … over time. Orientation to capture and assimilation of knowledge is the most organizations confirmation of functional …
Persistent link: https://www.econbiz.de/10011079626