DISQUS

Technology Liberation Front: Sticky Technology and Patent Policy

  • Kevin Carson · 2 years ago
    I think the "tacit knowledge" of Hayek and Polanyi has a lot to do with this. An innovation may involve a considerable amount of tacit, idiosyncratic knowledge on the part of the innovator, that cannot be reduced to a verbal formula. Formulating such innovations as "best practices" involves just that--reducing them to a verbal formula, so that they can be transmitted from one organization to another. But something is lost in translation.

    Tacit knowledge is probably a major component of x-efficiency, as well.