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Quote by Michael Polanyi

“While tacit knowledge can be possessed by itself, explicit knowledge must rely on being tacitly understood and applied. Hence all knowledge is either tacit or rooted in tacit knowledge. A wholly explicit knowledge is unthinkable.”

Quote by Michael Polanyi

Author

Michael Polanyi
Michael Polanyi

Michael Polanyi, an economic consultant, was born on March 11, 1891, in Hungary and passed away on February 22, 1976, in the United States. He had a profound impact on the field of economics, particularly in the areas of knowledge management and innovation theory. more

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