In economic theory, companies compete and copy one another's methods, producing rough equality of efficiencies. However, firms in the same industry can differ significantly in their efficiencies and profitability in the real world. Much of strategy research is aimed at understanding this stickiness.
Morning is great. So is this string of short but very well designed papers. Much fieldwork is still needed to understand the components of what is here called ´distributed knowledge ´. As the examples in the paper show, this key topic goes far beyond corporations and probably has its roots in biology. If ´simple ´ beings can show D.K. abilities, while programmed at birth and thus deprived of nearly any learning capacity, the two remaining explanations are either a part of their biological code or the hand of God. This visible effect of another kind of ´invisible hand ´reminds us that new paradigms are needed to explain phenomena trumpeted are purely cultural. The supreme D.K. result which is the ability of some human groups to decisively, not incrementaly, advance science and useful technology through decades and centuries, is the Earth’s most important asset. We have to break pre-conceived ideas to really augment it. There is only one Silicon Valley, and probably no Biological Valley (human Life is still too short). This could be the supreme task of a new and broader sense of ‘ Management ´...
Morning is great. So is this string of short but very well designed papers. Much fieldwork is still needed to understand the components of what is here called ´distributed knowledge ´. As the examples in the paper show, this key topic goes far beyond corporations and probably has its roots in biology. If ´simple ´ beings can show D.K. abilities, while programmed at birth and thus deprived of nearly any learning capacity, the two remaining explanations are either a part of their biological code or the hand of God. This visible effect of another kind of ´invisible hand ´reminds us that new paradigms are needed to explain phenomena trumpeted are purely cultural. The supreme D.K. result which is the ability of some human groups to decisively, not incrementaly, advance science and useful technology through decades and centuries, is the Earth’s most important asset. We have to break pre-conceived ideas to really augment it. There is only one Silicon Valley, and probably no Biological Valley (human Life is still too short). This could be the supreme task of a new and broader sense of ‘ Management ´...