Knowledge Governance: Meaning, Nature, Origins and Implications

    Publikation: Working paperForskning

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    Abstrakt

    Assumptions about the knowledge held by economic agents have been an integral part of the theory of economic organization since its inception. However, recent work—here called “knowledge governance”—has more explicitly highlighted knowledge as both an independent and dependent variable. Thus, a spate of work in management research and new institutional economics has highlighted dimensions such as complementarity, complexity, tacitness, and so on of knowledge assets and shown how knowledge assets, thus dimensionalized, has explanatory value with respect to economic organization. However, knowledge may also be seen as being caused by governance mechanisms and structures; specifically, incentives, allocations of decision rights, organizational structure and so on influence the search for knowledge, and the creation, sharing and integration of knowledge. More philosophically, the concern with the role of knowledge in the context of economic organization prompts a reevaluation of a number of the fundamental assumptions that are often used to guide theory-building in the economics of organization (e.g., Bayesian and game theoretical foundations).
    OriginalsprogEngelsk
    UdgivelsesstedFrederiksberg
    UdgiverInstitut for Strategic Management and Globalization
    Antal sider32
    ISBN (Trykt)9788791815744
    StatusUdgivet - 2011
    NavnSMG Working Paper
    Nummer12/2011

    Emneord

    • Governance
    • Knowledge Management
    • Organizational Economics
    • Knowledge Governance

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