The Cycle of Knowledge Production & Consumption - The Cycle - Explaining Commodification Mechanisms

3 important questions on The Cycle of Knowledge Production & Consumption - The Cycle - Explaining Commodification Mechanisms

What does codification entail?

Converting individual experience into something that can be stored, moved and reused.

What does abstraction entail?

Raw information presented by codification is converted into a more portable and universal form (BCG portfolio matrix).

What does translation entail?

Re-application of codified and abstracted knowledge into a variety of different organisational contexts.

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