Knowledge, Stories, and Culture in Organizations
AEA Papers and Proceedings
vol. 110,
May 2020
(pp. 187-92)
Abstract
Organizations are full of stories; organizational economics, not so much. Rather, organizational economics has little work that conceptualizes the role or measures the incidence of stories in organizations. This shortage concerns us not only because stories are prevalent in organizations but more importantly because we think some stories play a role in organizations that sheds light on why organizations exist and how they might be improved. In brief, we explore the idea that stories in organizations may induce a particular kind of organizational knowledge, of which organizational culture is a leading example.Citation
Gibbons, Robert, and Laurence Prusak. 2020. "Knowledge, Stories, and Culture in Organizations." AEA Papers and Proceedings, 110: 187-92. DOI: 10.1257/pandp.20201091Additional Materials
JEL Classification
- D23 Organizational Behavior; Transaction Costs; Property Rights
- D83 Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- M10 Business Administration: General