Considerations about the Production and Utilization of Knowledge

Knowledge creation is analyzed by means of two important properties, those of being (a) a co relational structure and (b) a retrieval or interpretative structure. Furthermore, it is shown that knowledge has a local character in the sense of being able to correlate only a limited number of variables and over limited ranges of values of the variables. Processes of knowledge generation and knowledge strategies are then analyzed by means of economic concepts such as division of labor and coordination.