2010•Unpublished venueRequires access

Study on Incentive Mechanism Model of Tacit Knowledge Sharing in Enterprises

Cui Guang-bin, Yijun Li, Dong Liang

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Abstract

Tacit knowledge exists in knowledge workers in enterprises. To enable full sharing, reasonable knowledge sharing incentive and restraint mechanisms should be designed to accelerate spontaneous behaviors of employees so that it can improve the ability of innovation and competitiveness. According to principal- agency theory, and taking into account incomplete information of knowledge sharing, multi-stages incentive model of knowledge sharing for knowledge worker, and incentive model of knowledge sharing for knowledge team based on team sharing interests are proposed. The results indicate that, in order to acquire maximum rewards in enterprise, special incentive contracts are to be made for different knowledge main-bodies, optimal incentive decisions to meet enterprise own objective are to be made, and knowledge body's knowledge sharing effort is to be improved.

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What this paper is about

Tacit knowledge exists in knowledge workers in enterprises. To enable full sharing, reasonable knowledge sharing incentive and restraint mechanisms should be designed to accelerate spontaneous behaviors of employees so that it can improve the ability of innovation and competitiveness. According to principal- agency theory, and taking into account incomplete information of knowledge sharing, multi-stages incentive model of knowledge sharing for knowledge worker, and incentive model of knowledge sharing for knowledge team based on team sharing interests are proposed. The results indicate that, in order to acquire maximum rewards in enterprise, special incentive contracts are to be made for different knowledge main-bodies, optimal incentive decisions to meet enterprise own objective are to be made, and knowledge body's knowledge sharing effort is to be improved.

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Available abstract

Tacit knowledge exists in knowledge workers in enterprises. To enable full sharing, reasonable knowledge sharing incentive and restraint mechanisms should be designed to accelerate spontaneous behaviors of employees so that it can improve the ability of innovation and competitiveness. According to principal- agency theory, and taking into account incomplete information of knowledge sharing, multi-stages incentive model of knowledge sharing for knowledge worker, and incentive model of knowledge sharing for knowledge team based on team sharing interests are proposed. The results indicate that, in order to acquire maximum rewards in enterprise, special incentive contracts are to be made for different knowledge main-bodies, optimal incentive decisions to meet enterprise own objective are to be made, and knowledge body's knowledge sharing effort is to be improved.

Key concepts: Incentive, Tacit knowledge, Knowledge management, Knowledge sharing, Knowledge value chain, Knowledge worker, Agency (philosophy), Business

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