2006•Journal of Hubei University of EconomicsRequires access
A New Development of the Firm Theory: Knowledge-based Firm Theory
Wang Shi-jun
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Abstract
The rising of the knowledge-based firm theory has its theoretical and practical background.Positive profit,characteristics of knowledge and learning activities are the cognitional bases of the theory.Compared with former firm theories,the knowledge-based firm theory brings forth many new ideas to the understanding of the basic theoretical problems.