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Strategy, Economic Organization, and the Knowledge Economy

Strategy, Economic Organization, and the Knowledge Economy
Author: Nicolai J. Foss
Publisher: OUP Oxford
Total Pages: 296
Release: 2005-02-03
Genre: Business & Economics
ISBN: 0191528927

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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 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 who adopt more economics-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 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 fostering knowledge sharing and creation are extensively treated. The book thus contains important implications for knowledge management, organizational design, and firm strategy." 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.


Strategy, Economic Organization, and the Knowledge Economy

Strategy, Economic Organization, and the Knowledge Economy
Author: Nicolai J. Foss
Publisher: Oxford University Press
Total Pages: 296
Release: 2005
Genre: Business & Economics
ISBN: 0199240647

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The advent of the knowledge economy changes the ways in which firms organize their activities and how they strategize in the market place. This non-technical volume lays the foundations for an analysis of these phenomena. In particular, it shows how 'knowledge-based approaches' in management studies may be complemented by key ideas from the economics of organization. The discussion is both theoretical and empirical.


Strategic Management in the Knowledge Economy

Strategic Management in the Knowledge Economy
Author: Marius Leibold
Publisher: John Wiley & Sons
Total Pages: 355
Release: 2007-06-27
Genre: Business & Economics
ISBN: 3895786101

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Due to the dramatic shifts in the knowledge economy, this book provides a significant departure from traditional strategic management concepts and practice. Designed for both advanced students and business managers, it presents a unique combination of new strategic management theory, carefully selected strategic management articles by prominent scholars such as Gary Hamel, Michael Porter, Peter Senge, and real-world case studies. On top of this, the authors link powerful new benchmarks in strategic management thinking, including the concepts of Socio-Cultural Network Dynamics, Systemic Scorecards, and Customer Knowledge Management with practical business challenges and solutions of blue-chip companies with a superior performance (Lafite-Rothschild, Who's Who, Holcim, BRL Hardy, Kuoni BTI, Deutsche Bank, Unisys, Novartis).


Innovation Strategy for the Knowledge Economy

Innovation Strategy for the Knowledge Economy
Author: Debra M Amidon
Publisher: Routledge
Total Pages: 186
Release: 2009-11-03
Genre: Business & Economics
ISBN: 113639527X

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Innovation Strategy for the Knowledge Economy is intended for managers who have practiced the best of quality and re-engineering management techniques and are ready to transform their organizations with the systematic notions of knowledge creation and application. It is for organization leaders who prefer to be inspired with innovation strategy than hit over the head with change management techniques. It does not deal with barriers, hurdles, or conflicts to be resolved; rather, it paints a possible vision of how we can take advantage of our collective learning to move an enterprise forward. This book provides the reader with a sound, practical framework for instituting innovation strategy beyond the traditional definition of flow of parts or finances. At the core is an understanding of the dual value of knowledge (content) and innovation (process) using 'real-time' learning as the methodology. Innovation Strategy for the Knowledge Economy introduces new managerial concepts such as: Value-System versus Value-Chain Strategic Business Network (SBN) versus Strategic Business Unit (SBU) Customer Success versus Customer Satisfaction It is an invaluable resource for both managers and organization leaders. Debra Mae Amidon is Founder and Chief Strategist of Entovation International, a global innovation research and consulting network with outposts throughout the world. Her specialties include: knowledge management, learning networks, customer innovation, and enterprise transformation. Ms. Amidon holds degrees from Boston University, Columbia and MIT, where she was an Alfred P. Sloan Fellow.


New Business Models for the Knowledge Economy

New Business Models for the Knowledge Economy
Author: Wendy Jansen
Publisher: Routledge
Total Pages: 150
Release: 2017-11-28
Genre: Business & Economics
ISBN: 135115270X

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Few concepts in business today are as widely discussed as business models. Research shows that business models are a better predictor of financial performance than traditional industry classifications. The unprecedented potential of the internet (interactivity, connectivity and speed of communication) along with the new generation of IT applications for enabling co-operative working and communication gives rise to new business models for organization creation and development. It is becoming clear that organizations that manage to incorporate values such as sense of community, knowledge sharing and enlightened self-interest into their business model, will perform better in the network economy than organizations whose business models are based solely on economic rationalism. This book features a business model that presents three new types of business model, in which 'customization', 'innovation', and 'authenticity' play an important role as solutions to the new requirements of business. The authors provide an explanation of their new models and explain how they can be used by both profit and not-for-profit organizations to design an integrated strategy for organizational development, governance, IT and business processes. The result is a rigorous but very accessible guide for anyone interested in organizational development and new business strategy.


Strategic Learning in a Knowledge Economy

Strategic Learning in a Knowledge Economy
Author: Robert L Cross
Publisher: Routledge
Total Pages: 370
Release: 2009-11-03
Genre: Business & Economics
ISBN: 1136362932

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Strategic Learning in a Knowledge Economy defines unique and powerful ways that organizations can foster learning at the individual, group and organizational levels, a capability critical to both strategic objectives and business performance. The book explains how individuals and organizations learn, clarifying cognitive and social aspects of the topic. Readers will understand how learning enables organizations and individuals to better create, assimilate, and transfer knowledge. Strategic Learning in a Knowledge Economy helps managers create individual and collective processes that maximize the quality of the knowledge created and learned and ensures this knowledge is effectively used. The book appropriately redefines the frequently narrow and technology-oriented view of learning and explains how an effective learning strategy ensures that a broad base of employees learn and implement vital organizational lessons. Strategic Learning in a Knowledge Economy features focused discussions of organizational core competencies, learning and innovation, communities of practice, assessing organizational learning capabilities, and other important learning topics. This authoritative compendium helps readers master organizational issues crucial in today's knowledge economy by:


Managing the Future

Managing the Future
Author: Haridimos Tsoukas
Publisher: John Wiley & Sons
Total Pages: 240
Release: 2009-02-09
Genre: Business & Economics
ISBN: 1405142391

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In this book, leading authors explore ways in which organizationscan develop their ability to manage the future. An exploration of the ways in which organizations can developtheir ability to manage the future. Consists of ten papers written by authors from both sides ofthe Atlantic and from Asia, all of whom are distinguished scholarsin the fields of strategy or organizational learning. Addresses key questions about how organizational foresight canbe conceptualized and developed, and the extent to which it ispossible. The papers are prefaced by a foreword from Spyros Makridakisand an introduction from the editors. Helps to shape a new research agenda, and so will be ofinterest to academics, as well as to students andpractitioners.


Wisdom and Management in the Knowledge Economy

Wisdom and Management in the Knowledge Economy
Author: David Rooney
Publisher: Routledge
Total Pages: 275
Release: 2010-03-23
Genre: Business & Economics
ISBN: 1136979131

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This book reinvigorates the use of wisdom in management and work practice, promoting it as an important research topic and demonstrating how it can be applied across a number of important management areas such as knowledge innovation and strategy.


Understanding the Dynamics of a Knowledge Economy

Understanding the Dynamics of a Knowledge Economy
Author: Wilfred Dolfsma
Publisher: Edward Elgar Publishing
Total Pages: 275
Release: 2006-01-01
Genre: Computers
ISBN: 1845429893

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. . . the topical way in which the subject is discussed makes this book useful also for policymakers or entrepreneurs interested in the subject. It is also appropriate for Masters or Ph.D. students who have a basic background in economics and management. . . [the book] provides interesting and deep analysis of the dynamic of knowledge economy and it is very well written. Francesca Masciarelli, Journal of Management and Governance The knowledge economy is a concept commonly deemed too ambiguous and elusive to hold any significance in current economic debate. This valuable book seeks to refute that myth. Presenting an important collection of views, from a number of leading scholars, this innovative volume visibly demonstrates that knowledge and information are a prime resource in driving the dynamics of an economy. It is argued that in order to understand the knowledge economy a diverse set of insights and approaches are required, which shed new and striking light on the roots of present-day economic dynamics. Using both theoretical and empirical material, this interdisciplinary collection offers a range of micro and macro perspectives. It draws on a variety of scientific backgrounds, and uses and develops a number of different methodologies, some of which may not be familiar in mainstream economics. The approaches adopted by historians, economists, systems theorists, management scholars and geographers which are explored in this book are central to encouraging a new and practical way forward in reading the dynamics of the knowledge economy. In offering these key insights, this important volume makes an invaluable contribution to the lively debate surrounding the knowledge economy. An essential read for economists, this book will also find widespread appeal amongst scholars of management, cultural studies and geography.