Explores the theory of firm knowledge and how firms create new knowledge. Knowledge is considered to be in one of two categories: information or know-how. Firms exist, it is argued, because they are better than markets at sharing and transfer of knowledge. Information, which is often...

The current interest in the tacit aspects of knowledge has diverted attention from the economic significance of its converse, explicit or articulated knowledge, and, by implication, the importance of articulation the process through which tacit skills and knowledge are made explicit and...