The Knowledge Economy

Powell, Walter W.; Snellman, Kaisa

doi:10.1146/annurev.soc.29.010202.100037

Cited by 1,254 publications

(621 citation statements)

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“…If our economy is increasingly reliant on the production, refinement, and accumulation of ideas (Powell and Snellman 2004), then it is essential that we understand not just what affects flows of knowledge and ideas, but also what affects the degree to which innovators are able to recombine and integrate these ideas with extant stocks of knowledge. However, with little exchange between economics and organization theory, we have only a fragmented picture of the accumulation process.…”

Section: Traditional Perspectives On Knowledge Accumulationmentioning

confidence: 99%

Exploring the Foundations of Cumulative Innovation: Implications for Organization Science

Murray

O’Mahony

2007

Organization Science

217

135

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O rganizational theorists have built a deep understanding of the conditions affecting knowledge sharing. However, for innovation to occur, knowledge must not just be shared, but also reused, recombined, and accumulated. Such accumulation is not inherent to the innovation process but can be either supported or limited by the context in which it occurs. We propose a framework arguing that three conditions shape this context: disclosure, access, and rewards. We show how these conditions operate at the institutional, field, community, and organizational levels. Our framework highlights how when innovators encounter barriers to the accumulation of knowledge, their solutions are often organizational ones rather than legal ones. This suggests an expanding terrain for organizational scholars interested in debates often dominated by law and economics.

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Section: Traditional Perspectives On Knowledge Accumulationmentioning

confidence: 99%

Exploring the Foundations of Cumulative Innovation: Implications for Organization Science

Murray

O’Mahony

2007

Organization Science

217

135

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“…It does not appear that much has changed in the last twenty years since Vischer (1995, p.34) wrote: "Because white-collar and "knowledge" work does not depend on fixed equipment…, accommodation decisions tend to exist in a limbo between "dollars" and "image" -a trade-off that a few senior executives and their favorite architect usually make." Powell and Snellman (2004) observe that the long term productivity gains of the knowledge economy may not be fully realized until they are accompanied by matching alternations of organizing. The physical space is a critical element in the organization of the processes, activities and ultimately the power structure of any organization (Foucault, 1977).…”

Section: Offices and Work Spaces In The Knowledge Economymentioning

confidence: 99%

Office Design and Dignity at Work in the Knowledge Economy

Nikolaeva

Russo

2016

Dignity and the Organization

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SUMMARYThe current chapter looks at a grossly overlooked aspect affecting employee dignity in the workplace -the physical environment. While the knowledge economy has grown tremendously in the last four decades, researchers have not paid much attention to the new needs of the physical workspace despite the fact that office buildings represent the second largest financial overhead after human resource. At the same time, the physical space is a critical element in the organization of the processes, activities and ultimately the power structure of any organization.Dignity in itself has not been in the center of management and organizations research, either. The few scholars who have written on the subject have mostly relied on writings in philosophy, sociology, political science, and law. We use their deconstruction of dignity into matters of identity, autonomy, dependency, seriousness, and trust to link the concept to the studied effects of the office physical environment on employees.The chapter presents an overview of the different elements of the workspace environment that have been subject of interest to researchers and their effects on employees. The characteristics of the physical environment are organized in three broad groups: (i) the office structure and layout (e.g., enclosed offices vs. open plans, the presence of other barriers, the size), (ii) the office décor and design (e.g., furniture and equipment), and (iii) ergonomic aspects such as lighting, noise, temperature, and air. Their effects are expressed at multiple levels and encompass broad outcomes ranging from individual physical and psychological wellbeing to job satisfaction to team cohesion and organizational performance. The important point is that employees are almost never consulted on their preferences for elements of the office design and that there is no recognition for the need for different solutions for different types of employees and contexts. This state of affairs brings the question of employee dignity into the picture.The chapter concludes by linking the elements of the physical environment of the 21 st century office to the concepts of power and dignity. We make three basic points. First, the knowledge economy is increasingly dependent on knowledge workers who are narrowly specialized and hence tend to have different needs in the workplace. Second, decisions about the physical environment are extremely complex and giving agency to employees in these decisions is crucial because of knowledge workers' high demands of autonomy. Third, due to this complexity, a systems approach is best suited to abet the understanding of the place of the physical workspace in a constantly evolving organic system of people and organizations. We suggest that such an approach taking into consideration the physical

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“…• economy in which production and distribution of knowledge play an important role in wealth creation; in such an economy, the goal is not only the advancing knowledge but also the promotion of the efficient use of knowledge in all economic activities (Mortazavi & Bahrami, 2012); • production and services based on knowledge-intensive activities that contribute to an accelerated pace of technological and scientific advance as well as equally rapid obsolescence (Powell & Snellman, 2004); • economy in which the proportion of knowledge-intensive jobs is high, the economic weight of information sectors is a determining factor, and the share of intangible capital is greater than that of tangible capital in the overall stock real capital (Foray, 2004); • economy based on knowledge and ideas, high-tech industry, information society services, knowledge and education services, in which the key factor of prosperity and economic growth is the superior knowledge capitalisation (Tocan, 2012); • economy in which organisations and people acquire, create, disseminate, and use knowledge more effectively for greater economic and social development (Kefela, 2010); • economy in which operating mechanisms lead to the application of knowledge in order to increase enterprise competitiveness and productivity, competitive advantage and economic growth (Kupczyk, 2014); • a composition of "know what", "know why", "know how"…”

Section: High-tech Clusters For the Development Of Knowledge-basementioning

confidence: 99%

RFID within High-Tech Clusters – Towards a Knowledge-Based Economy

Bembenek

2016

Economics and Business

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-The concept of knowledge-based economy (KBE) in this article constitutes the basis for the undertaken considerations regarding the implementation of Radio Frequency Identification (RFID) technology in the development process of high-tech clusters. It has been indicated in the article that this type of economy is characterised by quick development, particularly, of these disciplines which are related to information processing and science development, mainly the high-tech industry, including the technologies and services of an information society. It has been emphasised that in these market conditions the key sources of competitive advantage of business entities comprise, inter alia, the efficiency of knowledge management as well as various knowledge-intensive undertakings, which create newer and newer value for key stakeholders. The main subject of this paper is to analyse the development and application of RFID within the high-tech cluster. Firstly, the paper aims to present a literature review on the strategic importance of RFID technology for firms located in high-tech clusters through tracing a broad range of literature. Secondly, it constitutes an attempt to characterise the factors determining the decision to implement this technology, by focusing on the research results.

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The Knowledge Economy

Cited by 1,254 publications

References 76 publications

Exploring the Foundations of Cumulative Innovation: Implications for Organization Science

Exploring the Foundations of Cumulative Innovation: Implications for Organization Science

Office Design and Dignity at Work in the Knowledge Economy

RFID within High-Tech Clusters – Towards a Knowledge-Based Economy

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