 The discovery and coordination of resource complements in a dispersed knowledge societyDesmond Ng International Journal of Human Resources Development and Management, 2005, vol. 5, issue 2, 142-163 Abstract: Although knowledge based theories of the firm and capabilities perspectives provide important understanding to the organisation and development of a firm's knowledge, the insights of Austrian economics present a third but neglected approach to knowledge based perspectives. Austrian economics subscribe that the key knowledge problem is how to adapt to unanticipated change when knowledge experiences are dispersed in the market. Through the discovery of resource complements, a conceptual model is developed to explain adaptation in terms of the coordination of diverse knowledge experiences. This conceptual model is drawn from the entrepreneurial behaviours of Austrian economics and strategic network perspectives. This conceptual model is also used to explain the coordination of resource complements by exploiting inter-temporal knowledge experiences. Knowledge based strategies are, thus, developed with this model. Implications of this model to knowledge-based theories are also discussed. Keywords: knowledge discovery; entrepreneurship; social networks; resource complements; entrepreneurial behaviour; Austrian economics; knowledge based strategies; knowledge society; knowledge resources; organisational knowledge. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:ijhrdm:v:5:y:2005:i:2:p:142-163 Access Statistics for this article More articles in International Journal of Human Resources Development and Management from Inderscience Enterprises Ltd |
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