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The Macroeconomics of Knowledge Management: Internal Hold-Up versus Technological Competition

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Author Info
Thoenig, Mathias
Verdier, Thierry

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Abstract

This Paper investigates the links between the nature of contractual relationships within firms, the strength of information flows spreading between firms and the dynamics of technological competition. At the firm level, we focus on the corporate incentives to design Knowledge Management policies based on soft versus hard information flows. At the aggregate level, knowledge spillovers are endogenous and feedback effects on macroeconomic growth are investigated.

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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 4710.

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Date of creation: Oct 2004
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Handle: RePEc:cpr:ceprdp:4710

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Related research
Keywords: growth hold-up; hard-soft information; knowledge management; organizational design;

Find related papers by JEL classification:
L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
O30 - Economic Development, Technological Change, and Growth - - Technological Change - - - General
O33 - Economic Development, Technological Change, and Growth - - Technological Change - - - Technological Change: Choices and Consequences; Diffusion Processes

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