On how the Knowledge Network Reduces Knowledge Transaction Cost: From the Prospect of Transaction Cost Theory

Shuang Peng; Ming You Zhou; Wei Xin Yu

doi:10.4028/www.scientific.net/AMM.357-360.2834

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Study on Grey Comprehensive Evaluation Based on the APH of the Site Selection of China Inland Nuclear Power Station
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Risk Management of Information System Project
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The Comparison and Analysis of Governance Framework for Public Projects: China and the Developed Countries, and Implications
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On how the Knowledge Network Reduces Knowledge Transaction Cost: From the Prospect of Transaction Cost Theory
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HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vols. 357-360On how the Knowledge Network Reduces Knowledge...

On how the Knowledge Network Reduces Knowledge Transaction Cost: From the Prospect of Transaction Cost Theory

Abstract:

Nowadays more and more organizations choose to set up knowledge networks to share knowledge or create new knowledge. Why organizations choose the way of setting up knowledge networks, a kind of inter-firm organization, instead of creating the knowledge by themselves or marketing transactions to obtain the needed knowledge is that the knowledge network can create and obtain new knowledge at the cost less than that of self-creation and market transactions. This article studies how the knowledge network can reduce the internal and inter-organizational knowledge transaction cost.

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Periodical:

Applied Mechanics and Materials (Volumes 357-360)

Pages:

2834-2838

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.357-360.2834

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Online since:

August 2013

Authors:

Shuang Peng, Ming You Zhou, Wei Xin Yu

Keywords:

Knowledge Network, Knowledge Transaction, Transaction Cost

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