ICC Advance Access originally published online on August 28, 2007
Industrial and Corporate Change 2007 16(5):823-849; doi:10.1093/icc/dtm025
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The "codification debate" revisited: a conceptual framework to analyze the role of tacit knowledge in economics
Correspondence: Margherita Balconi, University of Pavia, Italy. e-mail: balconi{at}unipv.it
Correspondence: Andrea Pozzali, University of Milan – Bicocca, Milan, Italy. e-mail: andrea.pozzali{at}unimib.it
Correspondence: Riccardo Viale, Fondazione Rosselli, Turin, Italy. e-mail: riccardo.viale{at}fondazionerosselli.it
In the last years, a "codification debate" has developed among economists concerning the meaning and the empirical relevance of "tacit knowledge." As this debate seems to have reached an impasse, we suggest a solution to take it a step further that is based on a more precise definition of "tacit knowledge" and a clear conceptualization of codification. Moreover, as different types of tacit knowledge can be characterized, we also proceed to demonstrate that the issue of codifiability cannot be adequately addressed without accounting for these differences.