Justin Teng What is knowledge? Explicit knowledge is articulate Ex: Ontario is located in Canada Tacit Knowledge is personal knowledge “We know more than we can tell” - Michael Polanyi Ex: How to play the piano Tacit knowledge is the most complex Knowledge is important to business management Explicit Knowledge is rooted in Tacit knowledge Management must utilize knowledge properly The loss of tacit knowledge Advantages and disadvantage tacit knowledge Advantages and disadvantages of explicit knowledge Codifiability and mechanism of transferring knowledge Accumulation of knowledge Potential of aggregation and modes of appropriation People are knowledgeable in various things Consider what you know in terms of tacit/explicit knowledge! Knowledge is knowledge