The Horizons Tracker

FEBRUARY 23, 2021

The research shows that tacit knowledge is crucial to economic growth, and this is being undermined by virtual communication. They concluded that the mobilization of know-how has a huge impact on the economy of nations, with a reduction in business travel contributing to a fall in global GDP of nearly 5%.

Travel 138

Travel Tacit Knowledge Airlines GDP 138

Harvard Business Review

OCTOBER 4, 2012

Many firms struggle to exploit the innovation potential of their global networks. That's partly because they manage global projects like traditional ones. But single-location projects draw on a reservoir or shared tacit knowledge and trust that global projects lack. Appoint a lead site.

Globalization 15

Globalization Innovation Team First-mover Advantage 15

Harvard Business Review

OCTOBER 4, 2012

Many firms struggle to exploit the innovation potential of their global networks. That's partly because they manage global projects like traditional ones. But single-location projects draw on a reservoir or shared tacit knowledge and trust that global projects lack. Appoint a lead site.

Globalization 15

Globalization Innovation Team First-mover Advantage 15