What is it about?
What is a firm, and of what is it comprised? Costly assets have no value in and of themselves. Knowledge - whatever that means - is the magic dust that turns assets into profit.
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Why is it important?
Helped push forward what is sometimes called the 'knowledge-based view'.
Perspectives
A stepping stone on the way to a more tractable theory of managing - as in Spender (2014).
Professor J. -C. Spender
Akademia Leona Kozminskiego
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This page is a summary of: Making knowledge the basis of a dynamic theory of the firm, Strategic Management Journal, December 1996, Wiley,
DOI: 10.1002/smj.4250171106.
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