The knowledge economy: Emerging organizational forms, microfoundations and human capital

Felin, Teppo, Zenger, Todd R. and Tomsik, Joshua (2009) The knowledge economy: Emerging organizational forms, microfoundations and human capital. Human Resource Management, 48 (4). pp. 555-570.

Abstract

In this paper we outline an increasingly predominant, “communal,” perspective of the emerging knowledge economy and explore its emphasis on various nonmarket mechanisms of production. Although the communal perspective suggests organizational forms, governance mechanisms, and knowledge processes that may facilitate knowledge creation and knowledge transfer, we argue that it misses the seemingly contradictory trends of organizational disaggregation and the foundational importance of market mechanisms in knowledge creation. We contrast and partly reconcile these two perspectives of the knowledge economy and highlight key considerations related to the microfoundations of knowledge and human capital management.

Item Type: Article
Keywords: knowledge economy;organizational forms;human resources;microfoundations
Subject(s): Strategy; Entrepreneurship & Global business
Date Deposited: 30 Oct 2015 12:51
Last Modified: 30 Oct 2015 12:51
Funders: n/a
URI: http://eureka.sbs.ox.ac.uk/id/eprint/5761

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