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The inspiration for this volume is Simon Deakin’s proposal to think of the corporation as a shared resource which is collectively held and managed for the benefit of multiple interests. A small but fascinating recent literature extended this insight to mutuals, cooperatives, and benefit corporations, while an independent literature applied a similar line of Ostromian thinking to inter alia cities, land trusts, civil society organization, and certain kinds of platforms. All these studies noted the importance of shared knowledge, but none deployed the governing knowledge commons (GKC) framework. What this volume attempts to do is to steer the discussion toward this unifying framework. This chapter introduces the contributions, which despite their diversity engage with the idea that corporations and ecosystems comprising corporate actors cohere around shared knowledge, values, and other kinds of intellectual or cognitive resources, the sustainable production and reproduction of which depends on specific practices and rule configurations.
Human interactions, in any group or social setting, rely on and generate shared knowledge and social understandings. These shared intellectual resources are just as important to the efficient operation of markets and organizations as are their shared legal and material infrastructures. Governing Corporate Knowledge Commons focuses on the formal and informal arrangements that govern the creation and community management of intellectual resources within and across organizational boundaries. It demonstrates how the Governing Knowledge Commons (GKC) framework can be fruitfully combined with existing theoretical work on firms and corporate governance found in economics, management, and sociology. The volume also proposes a new set of case studies, ranging from old industrial enterprises to modern venture capital, investor alliances, and decentralized autonomous organizations. Chapters explore the benefits of participatory approaches to the management of genomic or financial data, online gaming communities, and organic waste. This title is also available as open access on Cambridge Core.
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