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Strategy, Economic Organization, and the Knowledge Economy: The Coordination of Firms and Resources - Hardcover
Synopsis
The rise of the knowledge economy has far-reaching implications for the nature of economic organization as well as firm strategy. Not surprisingly, thinking in management studies as well as in economies has been profoundly affected by these changes. Thus, management thinking in particular has been increasingly characterized by a schism between those who advocate 'knowledge' or 'capabilities-based' approaches in the strategy and organization fields and those who adopt more economies-influenced approaches, notably the economics of organization. This book is a sustained attempt to overcome this schism. Its basic argument is that knowledge-based and organizational economics approaches are not substitutes but complements. In particular, organizational economics has much to contribute with respect to furthering the understanding of efficient organization and strategy in the emerging knowledge economy. This theme is taken through several theroretical as well as empirical variations. Themes such as the incentive liabilities of flat, 'knowledge-based' organizations, the role of complementary HRM practices for fostering knowledge sharing and creation, and the role of organizational instruments in the knowledge management activities of the multinational corporate are extensively treated. The book thus contains important implications for knowledge management, organizational design and international management. The book encompasses nine chapters which critically examine current thinking on strategy, and organization. The reasoning is non-technical. While primarily aimed at a management studies audience, economists and other social scientists will also benefit from it, including Advanced Students, Academics and Researchers.
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About the Author
Nicolai J. Foss is Professor of Economic Organization at the Copenhagen Business School. He is author or editor of numerous books, including Governance, Competence, and Entrepreneurship: Advances in Economic Strategy Research (edited with Volker Mahnke, OUP, 2000) and Resources, Firms, and Strategy: A Reader in the Resource-Based Perspective (OUP, 1997).
Review
"...Foss examines some foundational issues of the theory of economic organization, especially as it relates to concept of the 'knowledge economy'"--Book News
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- PublisherOxford University Press
- Publication date2005
- ISBN 10 0199240647
- ISBN 13 9780199240647
- BindingHardcover
- LanguageEnglish
- Edition number1
- Number of pages296
- Rating
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Strategy, Economic Organization, and the Knowledge Economy (Hardcover)
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Oxford University Press, Oxford, 2005
ISBN 10: 0199240647
ISBN 13: 9780199240647
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Hardcover. Condition: new. Hardcover. The rise of the knowledge economy has far-reaching implications for the nature of economic organization as well as firm strategy. Not surprisingly, thinking in management studies as well as in economics has been profoundly affected by these changes. Thus, management thinking in particular has been increasingly characterized by a schism between those who advocate 'knowledge' or 'capabilities-based' approaches in the strategy and organization fields and those whoadopt more economics-influenced approaches, notably the economics of organization. This book is a sustained attempt to overcome this schism. Its basic argument is thatknowledge-based and organizational economics approaches are not substitutes but complements. In particular, organizational economics has much to contribute with respect to furthering the understanding of efficient organization and strategy in the emerging knowledge economy. This theme is taken through several theoretical as well as empirical variations. Themes such as the incentive liabilities of flat, 'knowledge-based' organizations and the role of complementary HRM practices for fosteringknowledge sharing and creation are extensively treated. The book thus contains important implications for knowledge management, organizational design, and firm strategy." The bookencompasses nine chapters which critically examine current thinking on strategy, and organization. The reasoning is non-technical. While primarily aimed at a management studies audience, economists and other social scientists will also benefit from it, including Advanced Students, Academics, and Researchers. The advent of the knowledge economy changes the ways in which firms organize their activities and how they strategize in the market place. This volume lays the foundations for an analysis of these phenomena. It shows how 'knowledge-based approaches' in management studies may be complemented by key ideas from the economics of organization. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780199240647
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Strategy, Economic Organization, and the Knowledge Economy (Hardcover)
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ISBN 10: 0199240647
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Hardcover. Condition: new. Hardcover. The rise of the knowledge economy has far-reaching implications for the nature of economic organization as well as firm strategy. Not surprisingly, thinking in management studies as well as in economics has been profoundly affected by these changes. Thus, management thinking in particular has been increasingly characterized by a schism between those who advocate 'knowledge' or 'capabilities-based' approaches in the strategy and organization fields and those whoadopt more economics-influenced approaches, notably the economics of organization. This book is a sustained attempt to overcome this schism. Its basic argument is thatknowledge-based and organizational economics approaches are not substitutes but complements. In particular, organizational economics has much to contribute with respect to furthering the understanding of efficient organization and strategy in the emerging knowledge economy. This theme is taken through several theoretical as well as empirical variations. Themes such as the incentive liabilities of flat, 'knowledge-based' organizations and the role of complementary HRM practices for fosteringknowledge sharing and creation are extensively treated. The book thus contains important implications for knowledge management, organizational design, and firm strategy." The bookencompasses nine chapters which critically examine current thinking on strategy, and organization. The reasoning is non-technical. While primarily aimed at a management studies audience, economists and other social scientists will also benefit from it, including Advanced Students, Academics, and Researchers. The advent of the knowledge economy changes the ways in which firms organize their activities and how they strategize in the market place. This volume lays the foundations for an analysis of these phenomena. It shows how 'knowledge-based approaches' in management studies may be complemented by key ideas from the economics of organization. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Seller Inventory # 9780199240647
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