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Knowledge, Stories, and Culture in Organizations

Author

Listed:
  • Robert Gibbons
  • Laurence Prusak

Abstract

Organizations are full of stories; organizational economics, not so much. Rather, organizational economics has little work that conceptualizes the role or measures the incidence of stories in organizations. This shortage concerns us not only because stories are prevalent in organizations but more importantly because we think some stories play a role in organizations that sheds light on why organizations exist and how they might be improved. In brief, we explore the idea that stories in organizations may induce a particular kind of organizational knowledge, of which organizational culture is a leading example.

Suggested Citation

  • Robert Gibbons & Laurence Prusak, 2020. "Knowledge, Stories, and Culture in Organizations," AEA Papers and Proceedings, American Economic Association, vol. 110, pages 187-192, May.
    • Handle: RePEc:aea:apandp:v:110:y:2020:p:187-92
    DOI: 10.1257/pandp.20201091
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    Citations

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    Cited by:

    1. Anja Prummer, "undated". "Discrimination in Promotion," Working Papers 905, Queen Mary University of London, School of Economics and Finance.
    2. Alistair Macaulay, 2022. "Heterogeneous Information, Subjective Model Beliefs, and the Time-Varying Transmission of Shocks," CESifo Working Paper Series 9733, CESifo.

    More about this item

    JEL classification:

    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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