A macroeconomic perspective on knowledge management


Thoenig, Mathias and Verdier, Thierry (2010) A macroeconomic perspective on knowledge management. Journal of Economic Growth, 15, (1), 33-63. (doi:10.1007/s10887-010-9049-7).

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Description/Abstract

This paper provides a theory of the interactions between knowledge codification, firm-level organization structures, information diffusion and the dynamics of technological competition. At the firm level, we focus on incentives to design Knowledge Management policies based on the codification of soft into hard information. At the aggregate level, we discuss the endogenous nature of knowledge spillover and the implications for macroeconomic growth. The model predicts the existence of a bell shaped relationship between knowledge codification and technological competition.

Item Type: Article
ISSNs: 1381-4338 (print)
1573-7020 (electronic)
Keywords: codification, technological spillover, contracts, growth
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: University Structure - Pre August 2011 > School of Social Sciences > Economics
ePrint ID: 157427
Date Deposited: 07 Jun 2010 11:29
Last Modified: 27 Mar 2014 19:14
URI: http://eprints.soton.ac.uk/id/eprint/157427

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