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Books > Business & Economics > Business & management > Ownership & organization of enterprises
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Strategy, Economic Organization, and the Knowledge Economy - The Coordination of Firms and Resources (Hardcover, New)
Loot Price: R2,277
Discovery Miles 22 770
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Strategy, Economic Organization, and the Knowledge Economy - The Coordination of Firms and Resources (Hardcover, New)
Expected to ship within 10 - 15 working days
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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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