Integrating Economic and Organization Theory
Edited by Anna Grandori
Chapter 4: Knowledge governance: meaning, origins and implications
This chapter addresses the distinctiveness of knowledge governance as an emerging field in economic organization. Specifically, it is only rather recently that organizational economists and organizational scholars have begun to systematically treat knowledge as more than just an additional constraint on the maximization problem. Knowledge can be subject to transacting, organizing and governing and can be influenced in terms of its growth, change, composition, and so on by the deployment of governance structures and mechanisms. The various ways in which knowledge and organization are intertwined are discussed, and it is suggested that a key explanatory purpose of knowledge governance is the explanation of heterogeneous firm-level capabilities. Other frontier issues, notably the inclusion of the governance of beliefs and cognitions in the knowledge governance project, are also discussed.
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