Economics of knowledge codification

W. Edward Steinmueller

Chapter 12 in Elgar Encyclopedia on the Economics of Knowledge and Innovation, 2022, pp 108-114 from Edward Elgar Publishing

Abstract: Whether a capability can be reproduced by codified instruction is a fundamental question for innovation studies and industrial economics. The existence and apparent necessity of tacit knowledge in gaining and exercising capabilities to perform actions raises questions about the limits of codification as a means to exploit the economics of information (e.g. low marginal costs of reproduction). The technologies of codification are, however, subject to innovation and the boundary between what knowledge is tacit and what can be codified is subject to change. This entry examines the meaning of tacit and codified knowledge in relation to individuals and organisations. It takes into account advances in information and communication technology in shifting the boundary between knowledge that remains tacit and knowledge codification.

Keywords: Business and Management; Economics and Finance; Innovations and Technology (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/edcoll/9781839106996/9781839106996.00017.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:19760_12

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().