A macroeconomic perspective on Knowledge Management |
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Authors: | Mathias Thoenig Thierry Verdier |
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Institution: | 1.University of Lausanne,Lausanne,Switzerland;2.CEPR,London,UK;3.Paris School of Economics,Paris,France |
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Abstract: | This paper provides a theory of the interactions between knowledge codification, firm-level organization structures, information
diffusion and the dynamics of technological competition. At the firm level, we focus on incentives to design Knowledge Management
policies based on the codification of soft into hard information. At the aggregate level, we discuss the endogenous nature
of knowledge spillover and the implications for macroeconomic growth. The model predicts the existence of a bell shaped relationship
between knowledge codification and technological competition. |
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Keywords: | |
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