Working Paper: CEPR ID: DP4710
Authors: Mathias Thoenig; Thierry Verdier
Abstract: This Paper investigates the links between the nature of contractual relationships within firms, the strength of information flows spreading between firms and the dynamics of technological competition. At the firm level, we focus on the corporate incentives to design Knowledge Management policies based on soft versus hard information flows. At the aggregate level, knowledge spillovers are endogenous and feedback effects on macroeconomic growth are investigated.
Keywords: growth; holdup; hard/soft information; knowledge management; organizational design
JEL Codes: L16; L20; O30; O33
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| degree of knowledge codification (D80) | boundaries of the firm (D21) |
| boundaries of the firm (D21) | intensity of technological competition (L63) |
| degree of knowledge codification (D80) | intensity of technological competition (L63) |
| external competitive pressures (L19) | internal governance structures (G38) |
| information flows (O36) | aggregate growth rate (E10) |
| hard information (L15) | soft information (L86) |
| intensity of technological competition (L63) | diminishing returns on growth (O49) |