Template-type: ReDIF-Paper 1.0
Author-Name: Antonelli, Cristiano 
Author-Email: cristiano.antonelli@unito.it
Author-Workplace-Name: University of Turin
Author-Workplace-Homepage: http://www.est.unito.it/
Title: Knowledge Complementarity and Fungeability: Implications for Regional Strategy.
Abstract:Complexity and fungeability are two specific aspects of knowledge indivisibility. Complexity matters when 
the production of new knowledge requires the combination of diverse and yet complementary bits of knowledge. 
Fungeability is found when some units of knowledge can applyin a variety of different contexts, different products 
and different processes. Both knowledge complexity and knowledge fungeability are the cause of increasing returns 
in the generation of knowledge. The governance of the distribution of knowledge instead is affected by decreasing
returns to the variety of elements of knowledge. Exchanges in the markets for knowledge are limited by transaction 
costs. Internalization of different bits of knowledge is constrained by coordination costs. 
Firms can take advantage of knowledge complexity and fungeability by means of networking in regional space.
Length: 21 pages
Creation-Date: 2003-10
File-URL:http://www.est.unito.it/do/home.pl/Download?doc=/allegati_wp/wp2003dip_l_b/2_wp_momigliano.pdf
File-Format: Application/PDF
Handle: RePEc:uto:labeco:200302