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Microfoundations Of Knowledge Dynamics Within The Firm

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  • Margherita Turvani

Abstract

A distinctive feature of human activity is the creation of knowledge, and the firm is one of the many places in which knowledge is created. This paper deals with some aspects of creating knowledge in the firm: its dynamics, underlying cognitive models, dependence on context, role of human resources in the firm and the effects of their renewal. Introducing the cognitive dimension of the individual in a theory of the firm is compelling in order to understand the new role of intangibles in actual firms. It also offers a base for aligning the resource-based view with the knowledge-based view of the firm. Understanding the ways in which individual, and, much more importantly, collective knowledge evolves offers the opportunity to give human beings the central role they deserve. The firm may thus be seen as a knowledge-creating entity and human resources as the pivot of the organization.

Suggested Citation

  • Margherita Turvani, 2001. "Microfoundations Of Knowledge Dynamics Within The Firm," Industry and Innovation, Taylor & Francis Journals, vol. 8(3), pages 309-323.
    • Handle: RePEc:taf:indinn:v:8:y:2001:i:3:p:309-323
    DOI: 10.1080/13662710120104600
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    References listed on IDEAS

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    1. Ronald H. Coase, 2008. "The Institutional Structure of Production," Springer Books, in: Claude Ménard & Mary M. Shirley (ed.), Handbook of New Institutional Economics, chapter 2, pages 31-39, Springer.
    2. Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Freeman, Susan & Hutchings, Kate & Lazaris, Miria & Zyngier, Suzanne, 2010. "A model of rapid knowledge development: The smaller born-global firm," International Business Review, Elsevier, vol. 19(1), pages 70-84, February.
    2. Zattoni, Alessandro & Witt, Michael A. & Judge, William Q. & Talaulicar, Till & Chen, Jean Jinghan & Lewellyn, Krista & Hu, Helen Wei & Gabrielsson, Jonas & Rivas, Jose Luis & Puffer, Sheila & Shukla,, 2017. "Does board independence influence financial performance in IPO firms? The moderating role of the national business system," Journal of World Business, Elsevier, vol. 52(5), pages 628-639.
    3. S. Bhaduri & H. Worch, 2008. "Past Experience, Cognitive Frames, and Entrepreneurship: Some Econometric Evidence from the Indian Pharmaceutical Industry," Papers on Economics and Evolution 2008-04, Philipps University Marburg, Department of Geography.

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