The Explicit Economics of Knowledge Codification and Tacitness
This paper attempts a greater precision and clarity of understanding concerning the nature and economic significance of knowledge and its variegated forms by presenting "the skeptical economist's guide to 'tacit knowledge."' It critically reconsiders the ways in which the concepts of tacitness and codification have come to be employed by economists and develops a more coherent re-conceptualization of these aspects of knowledge production and distribution activities. It seeks also to show that a proposed alternative framework for the study of knowledge codification activities offers a more useful guide for further research directed to informing public policies for science, technological innovation and long-run economic growth. Copyright 2000 by Oxford University Press.
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Volume (Year): 9 (2000)
Issue (Month): 2 (June)
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- Dosi, Giovanni, 1988. "Sources, Procedures, and Microeconomic Effects of Innovation," Journal of Economic Literature, American Economic Association, vol. 26(3), pages 1120-71, September.
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"From market magic to calypso science policy a review of Terence Kealey's The economic laws of scientific research,"
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- Richard R. Nelson, 1959. "The Simple Economics of Basic Scientific Research," Journal of Political Economy, University of Chicago Press, vol. 67, pages 297.
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- David, Paul A., 1994. "Why are institutions the 'carriers of history'?: Path dependence and the evolution of conventions, organizations and institutions," Structural Change and Economic Dynamics, Elsevier, vol. 5(2), pages 205-220, December.
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