The Knowledge-Based View, Nested Heterogeneity, and New Value Creation: Philosophical Considerations on the Locus of Knowledge
Academy of Management ReviewPublished 1 January 2007
Teppo Felin, William S. Hesterly
Citations868
SJR quartileQ1
SJR score14.40
SNIP6.11
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Abstract
At what level is new value created, or, put differently, what is the locus of knowledge? While knowledge and capabilities-based researchers argue that the locus of new value and knowledge lies at the firm level, we challenge this conceptualization and theoretically build toward more individualist foundations. We explicate the underlying philosophical assumptions of extant knowledge and capabilities-based work and discuss attributional problems. Nested (individual-level, a priori) heterogeneity may provide a better explanation of collective heterogeneity.
Keywords
Social SciencesArts and HumanitiesBusiness, Management and Accounting
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