Nonaka, Ikujiro; Toyama, Ryoko - In: Industrial and Corporate Change 14 (2005) 3, pp. 419-436
The theory of the knowledge-creating firm explains the differences among firms not as a result of market failure, but … process of knowledge creation in which knowledge is created through the dynamic interaction between subjectivity and … objectivity. Knowledge is created through the synthesis of thinking and actions of individuals, who interact with each other …