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From course:

Economics of innovation

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Question:

Discuss the concepts of tacit and explicit (or codified) knowledge

Author: Nasta Charniak



Answer:

Knowledge is also accumulated through experience in production and use on what has come to be known as ‘learning by doing’ and ‘learning by using’ (Pavitt (1987)) Tacit (awareness or consciousness and communication difficulties). The higher the content of tacitness in a given technological knowledge and the more expensive is to transfer the technology supported by this knowledge across firms.


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