nep-knm New Economics Papers
on Knowledge Management and Knowledge Economy
Issue of 2023‒10‒02
two papers chosen by
Laura Nicola-Gavrila, Centrul European de Studii Manageriale în Administrarea Afacerilor


  1. The transformative effects of tacit technological knowledge By Petralia, Sergio; Kemeny, Thomas; Storper, Michael
  2. Entrepreneurial Higher Education Education, Knowledge and Wealth Creation By Rahmat Ullah; Rashid Aftab; Saeed Siyal; Kashif Zaheer

  1. By: Petralia, Sergio; Kemeny, Thomas; Storper, Michael
    Abstract: Tacit knowledge – ideas that cannot readily be meaningfully and completely communicated – has long been considered a precursor to scientific and technological advances. Using words and phrases found in the universe of USPTO patents 1940-2020, we propose a new method of measuring tacit knowledge and its progressive codification. We uncover a discontinuity in the production of highly tacit technologies. Before 1980, highly- and less-tacit inventions are evenly distributed among inventors, organizations, scientific domains and subnational regions. After 1980, inventors of highly tacit patents become relatively rare, and increasingly concentrated in domains and locations. The economic payoffs to tacit knowledge also change, as it starts unequally rewarding high-income workers. This suggests a role for tacit knowledge in contributing to the rise in income inequality since 1980.
    JEL: J1
    Date: 2023–09–01
    URL: http://d.repec.org/n?u=RePEc:ehl:lserod:120154&r=knm
  2. By: Rahmat Ullah; Rashid Aftab; Saeed Siyal; Kashif Zaheer
    Abstract: This book presents detailed discussion on the role of higher education in terms of serving basic knowledge creation, teaching, and doing applied research for commercialization. The book presents an historical account on how this challenge was addressed earlier in education history, the cases of successful academic commercialization, the marriage between basic and applied science and how universities develop economies of the regions and countries. This book also discusses cultural and social challenges in research commercialization and pathways to break the status quo.
    Date: 2023–08
    URL: http://d.repec.org/n?u=RePEc:arx:papers:2308.08808&r=knm

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