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Tacit Knowledge Space and Organizational Efficiency

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  • Chatterjee, Sidharta

Abstract

In this paper I discuss what we mean by a “Tacit Knowledge Space” (TKS) and how it relates to organizational efficiency. The idea of tacit knowledge space is a borrowed concept from Michael Polanyi’s seminal work and it derives a rich understanding of an organizational space which is occupied by knowledge dimension characterizing the implicit aspects of knowledge transfer and decodification of the tacit component of learning and skill development into its more readily applicable explicit counterpart. This TKS is a growing space in knowledge organizations and workplaces that is found to be immensely useful among the knowledge workers of today. We discuss these issue and construct a structural frame to model such a space that has organizational implications and contributes to employee efficiency in the long run.

Suggested Citation

  • Chatterjee, Sidharta, 2023. "Tacit Knowledge Space and Organizational Efficiency," MPRA Paper 117952, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:117952
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    References listed on IDEAS

    as
    1. Philippe Baumard, 1999. "Tacit Knowledge in Organizations," Post-Print hal-03227234, HAL.
    2. Prescott, Edward C & Visscher, Michael, 1980. "Organization Capital," Journal of Political Economy, University of Chicago Press, vol. 88(3), pages 446-461, June.
    3. Theodore W. Schultz, 1972. "Economic Research: Retrospect and Prospect, Volume 6, Human Resources," NBER Books, National Bureau of Economic Research, Inc, number schu72-1.
    4. Kevin J. Murphy & Jan Zabojnik, 2006. "Managerial Capital And The Market For Ceos," Working Paper 1110, Economics Department, Queen's University.
    5. Wouter Dessein & Andrea Prat, 2022. "Organizational Capital, Corporate Leadership, and Firm Dynamics," Journal of Political Economy, University of Chicago Press, vol. 130(6), pages 1477-1536.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Tacit dimension; tacit knowledge space; knowledge workers; organizational efficiency.;
    All these keywords.

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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