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Collective tacit knowledge: Collective tacit knowledge is a kind of knowledge that we do not know how to make explicit and that we cannot envisage how to explicate. It is the domain of knowledge that is located in society, such as the rules for language - it has to do with the way society is constituted.
Externalization (Tacit to Explicit) – Externalization is the process of making tacit knowledge explicit, wherein knowledge is crystallized and is thus able to be shared by others, becoming the basis of new knowledge. At this point, personal tacit knowledge becomes useful to others as well, because it is expressed in a form that can be ...
Tacit knowledge comprises a range of conceptual and sensory information that is featured with strong personal subjectivity. It is implicitly reflected in human actions; as argued by Polanyi, "tacit knowledge dwells in our awareness". [2] People's skills, experiences, insight, creativity and judgement all fall into this dimension. [7] Tacit ...
Knowledge retention is part of knowledge management. It helps convert tacit form of knowledge into an explicit form. It is a complex process which aims to reduce the knowledge loss in the organization. [67] Knowledge retention is needed when expert knowledge workers leave the organization after a long career. [68]
Tacit knowledge is knowledge that is difficult to transfer. As first described by Michael Polanyi, tacit knowledge is the knowledge of procedures. [33] It is a personal type of knowledge that cannot be shared simply through written or verbal communication. It is learned mostly through experience over time.
Knowledge as a flow can be related to the concept of tacit knowledge. [ 10 ] [ 11 ] [ 12 ] While the difficulty of sharing knowledge is in transferring knowledge from one entity to another, [ 13 ] [ 14 ] it may prove profitable for organizations to acknowledge the difficulties of knowledge transfer and adopt new knowledge management strategies ...
Moreover, knowledge and confidence in economic data help drive investment choices. As Lizzie O'Leary at Slate recently observed, swings in the stock market and bond market affecting beaucoup ...
Wasko and Faraj describe three kinds of knowledge: knowledge as object, knowledge embedded within individuals, and knowledge embedded in a community. [12] CoPs are associated with finding, sharing, transferring, and archiving knowledge, as well as making explicit "expertise", or articulating tacit knowledge. Tacit knowledge is considered to be ...