This paper explains two fundamental approaches to knowledge management. The tacit knowledge approach emphasizes understanding the kinds of knowledge that individuals in an organization have, moving people to transfer knowledge within an organization, and managing key individuals as knowledge...

Bounded rationality has often been invoked in the theory of economic organization, mainly to rationalize contractual incompleteness. I argue that one may distinguish between thin and thick notions of bounded rationality; that models that rely on thin notions are often effectively...

Should organization studies aspire to be a mono-paradigmatic science as argued by Pfeffer or should we pursue a strategy of unconditional pluralism by “letting thousands flower grow”? A new framework is presented that suggests that scientific progress in organization studies will best be...

This paper develops a property rights-based view of strategy (the “PRV”). A property right (or economic right) is an individual’s net valuation, in expected terms, of the ability to directly consume the services of an asset (including, e.g., a monopoly position) or consume it indirectly...

A new framework is presented that suggests that scientific progress requires a balance between exploitation of existing research programs (normal science) and exploration of new research programs (revolutionary science) Too much pluralism can be as destructive for scientific progress as too...