Resource title

The firm as an epistemic community: The knowledge based view revisited

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Resource description

Based on a social-constructivist conceptualization of knowledge as residing in groups of practitioners, epistemic communities, this paper proposes a new perspective on the knowledge based view of the firm and sketches the outline of a new research agenda. It argues that the cost of governing knowledge processes depends as much on the cognitive background of the exchange partners as on the tacitness of the knowledge. Firms exist because they may form epistemic communities in their own right with enabling and motivational properties superior to those of markets in the governance of knowledge processes across epistemic boundaries. Establishing a firm as an epistemic community requires transaction specific investments that are difficult to realize under market forms of governance.

Resource author

Lars HÃ¥kanson

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Resource language

eng

Resource content type

application/pdf

Resource resource URL

http://hdl.handle.net/10398/6534

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