Firms and the Coordination of Knowledge: Some Austrian Insights

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Abstract

This paper argues that Austrian economics allow us to identify a number of
weak spots in the modern economics of organization. Thus, neither the
dispersion of tacit and subjectively knowledge in organizations, nor the
entrepreneurial discovery process are comprehensively treated in this body of
thought. Thinking about these issues in the context of the firm leads to a
different, but perhaps complementary perspective on economic organization.
Original languageEnglish
Place of PublicationFrederiksberg
PublisherDRUID - Danish Research Unit for Industrial Dynamics
Number of pages42
ISBN (Print)8778730570
Publication statusPublished - 1998
SeriesDRUID Working Paper
Number98-19

Cite this

Foss, N. J. (1998). Firms and the Coordination of Knowledge: Some Austrian Insights. DRUID - Danish Research Unit for Industrial Dynamics. DRUID Working Paper, No. 98-19