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Understanding Industrial and Corporate Change$
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Giovanni Dosi, David J. Teece, and Josef Chytry

Print publication date: 2004

Print ISBN-13: 9780199269426

Published to Oxford Scholarship Online: September 2007

DOI: 10.1093/acprof:oso/9780199269426.001.0001

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The Explicit Economics of Knowledge Codification and Tacitness

The Explicit Economics of Knowledge Codification and Tacitness

Chapter:
(p.195) The Explicit Economics of Knowledge Codification and Tacitness
Source:
Understanding Industrial and Corporate Change
Author(s):

Robin Cowan

Paul A. David (Contributor Webpage)

Dominique Foray

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199269426.003.0007

This chapter attempts to provide greater precision and clarity toward the understanding of the nature and economic significance of knowledge and its variegated forms by presenting the sceptical economist's guide to ‘tacit knowledge’. It critically reconsiders the way in which the concepts of tacitness and codification have come to be employed by economists, and develops a more coherent reconceptualization of these aspects of knowledge production and distribution activities. The chapter also shows 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.

Keywords:   tacit knowledge, knowledge codification activities, public policy, technological innovation, economic growth

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