An exchange of ideas about knowledge governance: Seeking first principles in microfoundations

This chapter consists of an exchange of ideas about knowledge governance. It aims to seek first principles and microfoundations for the knowledge-based view of organization. Two different opinions and conjectures about knowledge governance are offered and considered broadly. Such matters as the merits of a focus on the individual-level as a starting point for understanding knowledge-related outcomes, what role our underlying epistemologies play in furthering our efforts to understand organizations, whether economic reasoning might help us understand the theory's microfoundations, and so forth are debated. The chapter ends with a discussion of some key emerging micro-foundational issues that it is felt ought to be addressed — perhaps under the knowledge governance label — in the fields of organization theory and strategy.