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: The Governance Of Localized Knowledge: An Information Economics Approach For The Economics Of Knowledge
Abstract: Information economics provides important tools to articulate an economics analysis of
the governance mechanisms for the generation and exploitation of localized technological knowledge.
A variety of hybrid forms of knowledge governance ranging from coordinated transactions and constructed interactions to 
quasi-hierarchies can be found between the two unrealistic extremes of pure markets and pure organizations. 
The notion of localized technological knowledge as a highly heterogeneous dynamic process characterized by varying levels of 
appropriability, tacitness, unpredictability and indivisibility, which take the forms of complementarity and 
modularity, cumulability, compositeness, fungeability, helps to grasp the logic behind the variety of knowledge
governance mechanisms at work.
The analysis of transaction, agency and communication costs provides basic guidance to elaborate an integrated 
framework able to understand the matching between types of knowledge and modes and mechanisms of knowledge 
governance both in generation and exploitation. 
Length: 29 pages
Creation-Date: 2005-10
File-URL:http://www.est.unito.it/do/home.pl/Download?doc=/allegati_wp/wp2005dip_l_b/2_wp_momigliano.pdf
File-Format: Application/PDF
Handle: RePEc:uto:labeco:200502