Incentive Mechanisms for Tacit Knowledge-Sharing in Master-Apprentice Pattern Based on The Principal-Agent Theory

Continual knowledge sharing is the key to improve the competitive ability, operation ability and innovative ability of the organization. Through the comparison of the game theory, knowledge market theory and the principal-agent theory, the principal-agent theory is more suitable for the research on...

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Main Authors: Wang Ruihua, Lv Yongbo
Format: Article
Language:English
Published: EDP Sciences 2017-01-01
Series:MATEC Web of Conferences
Online Access:https://doi.org/10.1051/matecconf/201710005005
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spelling doaj-b15dbd9cc62c41b3a7960167b8d016c12021-02-02T04:23:27ZengEDP SciencesMATEC Web of Conferences2261-236X2017-01-011000500510.1051/matecconf/201710005005matecconf_gcmm2017_05005Incentive Mechanisms for Tacit Knowledge-Sharing in Master-Apprentice Pattern Based on The Principal-Agent TheoryWang RuihuaLv Yongbo0School of Traffic and Transportation of Beijing Jiaotong UniversityContinual knowledge sharing is the key to improve the competitive ability, operation ability and innovative ability of the organization. Through the comparison of the game theory, knowledge market theory and the principal-agent theory, the principal-agent theory is more suitable for the research on the incentive mechanism of tacit knowledge sharing in master-apprentice Pattern. During the process of tacit knowledge sharing in master-apprentice Pattern, different types of tacit knowledge determine the different design of incentive mechanisms.When the master and the apprentice share the inexpressible tacit knowledge, the organization does not need to design any incentive mechanism for promoting the master’s knowledge sharing.When master and apprentice share the expressible tacit knowledge, the organization needs to design different incentive mechanisms for the master and the apprentice respectively. Moreover the organization needs to take into account the different master-apprentice models in different departments. So the organization needs to design different incentive mechanisms for different departments in order to furtherance the tacit knowledge sharing in master-apprentice pattern.https://doi.org/10.1051/matecconf/201710005005
collection DOAJ
language English
format Article
sources DOAJ
author Wang Ruihua
Lv Yongbo
spellingShingle Wang Ruihua
Lv Yongbo
Incentive Mechanisms for Tacit Knowledge-Sharing in Master-Apprentice Pattern Based on The Principal-Agent Theory
MATEC Web of Conferences
author_facet Wang Ruihua
Lv Yongbo
author_sort Wang Ruihua
title Incentive Mechanisms for Tacit Knowledge-Sharing in Master-Apprentice Pattern Based on The Principal-Agent Theory
title_short Incentive Mechanisms for Tacit Knowledge-Sharing in Master-Apprentice Pattern Based on The Principal-Agent Theory
title_full Incentive Mechanisms for Tacit Knowledge-Sharing in Master-Apprentice Pattern Based on The Principal-Agent Theory
title_fullStr Incentive Mechanisms for Tacit Knowledge-Sharing in Master-Apprentice Pattern Based on The Principal-Agent Theory
title_full_unstemmed Incentive Mechanisms for Tacit Knowledge-Sharing in Master-Apprentice Pattern Based on The Principal-Agent Theory
title_sort incentive mechanisms for tacit knowledge-sharing in master-apprentice pattern based on the principal-agent theory
publisher EDP Sciences
series MATEC Web of Conferences
issn 2261-236X
publishDate 2017-01-01
description Continual knowledge sharing is the key to improve the competitive ability, operation ability and innovative ability of the organization. Through the comparison of the game theory, knowledge market theory and the principal-agent theory, the principal-agent theory is more suitable for the research on the incentive mechanism of tacit knowledge sharing in master-apprentice Pattern. During the process of tacit knowledge sharing in master-apprentice Pattern, different types of tacit knowledge determine the different design of incentive mechanisms.When the master and the apprentice share the inexpressible tacit knowledge, the organization does not need to design any incentive mechanism for promoting the master’s knowledge sharing.When master and apprentice share the expressible tacit knowledge, the organization needs to design different incentive mechanisms for the master and the apprentice respectively. Moreover the organization needs to take into account the different master-apprentice models in different departments. So the organization needs to design different incentive mechanisms for different departments in order to furtherance the tacit knowledge sharing in master-apprentice pattern.
url https://doi.org/10.1051/matecconf/201710005005
work_keys_str_mv AT wangruihua incentivemechanismsfortacitknowledgesharinginmasterapprenticepatternbasedontheprincipalagenttheory
AT lvyongbo incentivemechanismsfortacitknowledgesharinginmasterapprenticepatternbasedontheprincipalagenttheory
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