The knowledge-based view, nested heterogeneity, and new value creation: philosophical considerations on the locus of knowledge

Felin, Teppo and Hesterly, William S. (2007) The knowledge-based view, nested heterogeneity, and new value creation: philosophical considerations on the locus of knowledge. Academy of Management, 32 (1). pp. 195-218.

Abstract

what level is new value created, or, put differently, what is the locus of knowledge? While knowledge and capabilities-based researchers argue that the locus of new value and knowledge lies at the firm level, we challenge this conceptualization and theoretically build toward more individualist foundations. We explicate the underlying philosophical assumptions of extant knowledge and capabilities based work and discuss attributional problems. Nested (individual-level, a priori)heterogeneity may provide a better explanation than collective heterogeneity.

Item Type: Article
Keywords: MANAGEMENT; VALUE EXCHANGE; INTELLECTUAL capital; ORGANIZATIONAL learning; PERSONS; HETEROGENEITY; CULTURAL pluralism; ECOLOGICAL heterogeneity
Subject(s): Strategy; Entrepreneurship & Global business
Date Deposited: 02 Nov 2015 15:55
Last Modified: 02 Nov 2015 15:55
Funders: n/a
URI: http://eureka.sbs.ox.ac.uk/id/eprint/5765

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