This article introduces a model with the help of which the management of businesses can evaluate what kind of a role tacit knowledge plays in their organizations. At the beginning of the article basic elements from which an individual’s competence is derived are described. After that the...

Purpose – According to the traditional “stable‐process” problem, the project‐based company's memory and project implementation cannot interact. They remain conceptually distinctly different entities, the differences stemming from epistemologically different theoretical projects....