Knowledge governance joins knowledge management, strategic management, and theories of the firm, ... more Knowledge governance joins knowledge management, strategic management, and theories of the firm, and considers how governance mechanisms influence knowledge processes, such as sharing, retaining and creating knowledge. We survey the papers in this volume of the special issue, and discuss future research challenges.
Abstract The cognitive dimension of institutions has been comparatively neglected in social scien... more Abstract The cognitive dimension of institutions has been comparatively neglected in social science research. In particular, economists have concentrated on how institutions provide incentives. However, institutions also influence behaviours by influencing beliefs and expectations that help agents to overcome coordination problems. We explore various aspects of how institutions may align agents' beliefs, concentrating on the role of analogies in interactive decision making, and how analogies grow from experience.
This paper is a comparative study of what are arguably the two dominant economic approaches to th... more This paper is a comparative study of what are arguably the two dominant economic approaches to the theory of the firm, namely the contractual and the evolutionary approaches. 1 These approaches begin their take-off period at almost the same time, namely at the beginning of the 1970s (Nelson and Winter, 1973; Alchian and Demsetz, 1972; Williamson, 1971), but both may point to for a long time and strange reasons neglected contributions as important precursors (Coase, 1937; Alchian, 1950).
Knowledge governance joins knowledge management, strategic management, and theories of the firm, ... more Knowledge governance joins knowledge management, strategic management, and theories of the firm, and considers how governance mechanisms influence knowledge processes, such as sharing, retaining and creating knowledge. We survey the papers in this volume of the special issue, and discuss future research challenges.
Abstract The cognitive dimension of institutions has been comparatively neglected in social scien... more Abstract The cognitive dimension of institutions has been comparatively neglected in social science research. In particular, economists have concentrated on how institutions provide incentives. However, institutions also influence behaviours by influencing beliefs and expectations that help agents to overcome coordination problems. We explore various aspects of how institutions may align agents' beliefs, concentrating on the role of analogies in interactive decision making, and how analogies grow from experience.
This paper is a comparative study of what are arguably the two dominant economic approaches to th... more This paper is a comparative study of what are arguably the two dominant economic approaches to the theory of the firm, namely the contractual and the evolutionary approaches. 1 These approaches begin their take-off period at almost the same time, namely at the beginning of the 1970s (Nelson and Winter, 1973; Alchian and Demsetz, 1972; Williamson, 1971), but both may point to for a long time and strange reasons neglected contributions as important precursors (Coase, 1937; Alchian, 1950).
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Papers by Nicolai Foss