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Mode 1 and Mode 2 Knowledge

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What is the difference between Mode 1 and Mode 2 knowledge and why does it matter in business research?

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Solution Summary

The response highlights differences in Mode 1 and Mode 2 knowledge theories and their importance as it relates to how business research is addressed.

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Mode 1 and Mode 2 knowledge are concepts of how knowledge is produced.

Mode 1 is knowledge production that is motivated by scientific knowledge, very fundamental, largely academic, to the interests of a specific group. Mode 1 is not effected by particular applications.

Mode 2 ...

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