Knowledge in Organizations (Resources for the by Laurence Prusak

By Laurence Prusak

The second one within the readers' sequence, assets for the Knowledge-Based economic system, wisdom In firms offers an outline of the way wisdom is valued and utilized in companies. It supplies readers very good grounding in how most sensible to appreciate the top valued asset they've got of their agencies. Describes the significance of information to modern organizations.Offers perception into how wisdom could be received and cultivated.Provides quite a few persepctives, together with sociology, economics, and administration technological know-how.

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Cambridge: MIT Press. Walker, Gordon and David Weber (1984). A Transaction Cost Approach to Make or Buy Decisions. Administrative Science Quarterly, 29, 373-391. Wernerfelt, Birger (1984). " Strategic Management Journal, 5, 171-180. Winter, Sidney (1987), "Knowledge and Competence as Strategic Assets," in The Competitive Challenge-Strategies for Industrial Innovation and Renewal, D. ), Cambridge, MA: Ballinger. This page intentionally left blank 3 Informal Networks: The Company David Krackhardt and Jeffrey R.

Models of Knowledge Management in the West and Japan," mimeo, Stockholm School of Economics. Henderson, Rebecca and Kim Clark (1990). "Architectural Innovation: The Reconfiguration of Existing Product Technologies and the Failure of Established Firms," Administrative Science Quarterly, 35, 9-31. Kogut, Bruce (1987). "Country Patterns in International Competition: Appropriability and Oligopolistic Agreement," Strategies in Global Competition, N. -E. ). London: Croom Helm. ___ (1991). "Joint Ventures and the Option to Expand and Acquire," Management Science, 37, 19-33.

7 Nelson and Winter (1982) have provided an important contribution by separating skills from routines. Individuals can be skilled in certain activities, such as driving a car or playing tennis. These skills may indeed be difficult to pass on. Variations in human intelligence alone may render difficult the transfer of technology, especially if intelligence is decomposed into aptitudes for solving differentiated tasks. 2 7As a way of summarizing our argument, this figure was suggested to us by Gunnar Hedlund.

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