Innovation Diffusion in the New Economy

The Tacit Component

By Barbara Jones, Bob Miller

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About the Book

This book unites discussions of the philosophical and scientific basis of tacit knowledge.

The authors give an overview of the theories of tacit knowledge and explain how these relate to a background of philosophical, neurological and pedagogic literature. The importance of tacit knowledge for evolutionary models of innovation is analyzed raising questions of how its new role in the processes of economic and social change is accelerated by market and technological pressures.

This book is an invaluable resource for postgraduate students and professionals working in and studying the fields of political economy, organizational theory and behaviour, organizational analysis and new technology management.

Table of Contents

1. Introduction: Why Tacit Knowledge? Why this book? 2. The Shaping of Michael Polanyi's Philosophy 3. Michael Polanyi’s Theory of Personal Knowledge 4. Implicit, Tacit and Explicit Components of Personal Knowledge 5. The Real and False Relevance of Economic Innovation 6. Tacit Knowledge in the New Economy 7. Tacit Knowledge, Cyberspace and New Imaging Techniques 8. Conclusion: The Interface of Innovation

About the Author(s)

Barbara Jones is a Research Fellow in Manchester Business School and a member of the European Work and Employment Research Centre.

Bob Miller is a Research Associate in Manchester Business School.