@techreport{3e75c4b0c02511db9769000ea68e967b,
title = "The Knowledge-based Approach and Organizational Economics: How Much Do They Really Differ? And How Does It Matter?",
abstract = "The knowledge-based approach and organizational economics are usually seen as offering opposing approaches to the explanation of organizational phenomena. Relying on a taxonomic framework from the philosophy of science, we argue that many differences between these approaches are more apparent than real. Thus, many insights associated with the knowledge-based approach can be reduced to organizational economics insights. However, not everything can be thus reduced. There is an important residual, comprising differential cognition, learning, and bounded rationality.",
keywords = "Theory of the firm, Organizational economics, Theory of the firm, Organizational economics",
author = "Kirsten Foss and Nicolai Foss",
year = "1999",
language = "English",
isbn = "8778690366",
series = "Working Paper / Department of Industrial Economics and Strategy. Copenhagen Business School",
publisher = "Institut for Industri{\o}konomi og Virksomhedsstrategi, Handelsh{\o}jskolen i K{\o}benhavn",
number = "99-01",
address = "Denmark",
type = "WorkingPaper",
institution = "Institut for Industri{\o}konomi og Virksomhedsstrategi, Handelsh{\o}jskolen i K{\o}benhavn",
}