“When the knowledge base of an industry is both complex and expanding and the sources of expertise are widely dispersed, the locus of innovation will be found in networks of learning, rather than in individual firms.”

— Walter W. Powell

Walter W. Powell, Kenneth W. Koput, and Laurel Smith-Doerr. "Interorganizational collaboration and the locus of innovation: Networks of learning in biotechnology." Administrative science quarterly (1996): 116-145.

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "When the knowledge base of an industry is both complex and expanding and the sources of expertise are widely dispersed,…" by Walter W. Powell?

Walter W. Powell 5

American sociologist 1948

Constantinos C. Markides (1960) Cypriot business theorist

Source: Game-Changing Strategies, 2013, p. 67

“One should not label a firm as knowledge-intensive unless exceptional and valuable expertise dominates commonplace knowledge.”

William H. Starbuck (1934) American academic

Source: Learning by knowledge‐intensive firms," 1992, p. 716
Context: In deciding whether a firm is knowledge-intensive, one ought to weigh its emphasis on esoteric expertise instead of widely shared knowledge. Everybody has knowledge, most of it widely shared, but some idiosyncratic and personal. If one defines knowledge broadly to encompass what everybody knows, every firm can appear knowledge-intensive. One loses the value of focusing on a special category of firms. Similarly, every firm has some unusual expertise. To make the knowledge-intensive firm a useful category, one has to require that exceptional expertise make important contributions. One should not label a firm as knowledge-intensive unless exceptional and valuable expertise dominates commonplace knowledge.

“Individual allegiance moves away from firms and toward networks and network platforms.”

Kevin Kelly (1952) American author and editor

Out of Control: The New Biology of Machines, Social Systems and the Economic World (1995), New Rules for the New Economy: 10 Radical Strategies for a Connected World (1999)

“Knowledge grows exponentially. The more we know, the greater our ability to learn, and the faster we expand our knowledge base.”

Dan Brown book The Lost Symbol

Source: The Lost Symbol

“There can be no expertise in innovation unless there is also expertise in demolishing the ensconced.”

Kevin Kelly (1952) American author and editor

Out of Control: The New Biology of Machines, Social Systems and the Economic World (1995), New Rules for the New Economy: 10 Radical Strategies for a Connected World (1999)

“Of all possible resources that a firm might posses, its knowledge base has perhaps the greatest ability to serve as a source of sustainable differentiation and hence competitive advantage.”

Vijay Govindarajan (1949) American academic

Anil Kumar Gupta and Vijay Govindarajan. "Knowledge flows within multinational corporations." Strategic management journal 21.4 (2000). p. 473

“Widely dispersed knowledge concerning the important role of basic cooperative processes among living beings may lead to the acceptance of cooperation as a guiding principle both in social theory and as a basis for human behavior. Such a development when it occurs will alter the course of human history.”

W. C. Allee (1885–1955) American zoologist and ecologist

Cooperation among Animals with Human Implications (1951), page 213 (cited in "The Altruism Equation", by Lee Alan Dugatkin (2006), page 58).

“The notion of a prison industrial complex insists on understandings of the punishment process that take into account economic and political structures and ideologies, rather than focusing myopically on the individual criminal conduct and efforts to "curb crime."”

Angela Davis Are Prisons Obsolete?

Source: Are Prisons Obsolete? (2003), Chapter Five

“Relatively unsuccessful firms would be more likely to innovate than relatively successful firms.”

Richard Cyert (1921–1998) American economist

Source: A behavioral theory of the firm, 1959, p. 188

“How could such industries as software, semiconductors, and computers have been so innovative despite historically weak patent protection? We argue that if innovation is both sequential and complementary—as it certainly has been in those industries—competition can increase firms’ future profits thus offsetting short-term dissipation of rents. A simple model also shows that in such a dynamic industry, patent protection may reduce overall innovation and social welfare. The natural experiment that occurred when patent protection was extended to software in the 1980's provides a test of this model. Standard arguments would predict that R&D intensity and productivity should have increased among patenting firms.”

Eric Maskin (1950) American Nobel laureate in economics

Bessen, James, and Eric Maskin. " Sequential innovation, patents, and imitation http://ec.europa.eu/internal_market/indprop/docs/comp/replies/appendix1_en.pdf." The RAND Journal of Economics, 40.4 (2009): p. 611.

“When the knowledge base of an industry is both complex and expanding and the sources of expertise are widely dispersed, the locus of innovation will be found in networks of learning, rather than in individual firms.”

Help us to complete the source, original and additional information

Walter W. Powell 5

Related quotes

Related topics