Abstract Knowledge and Reified Financial Innovation: Building Wisdom and Ethics Into Financial Innovation Networks

Journal of Business Ethics 118 (3):447-459 (2013)

Authors
David Rooney
Cornell University
Abstract
This article argues that abstract knowledge in the form of formally developed theory plays an increasingly important role in the economy and in financial innovation in particular.knowledge is easily reified, and this is an aspect of knowledge work that is insufficiently researched. In this article, we problematize reification of abstract knowledge in financial innovation from wisdom, ethics, and social network analysis perspectives. This article, therefore, considers the composition and structures of financial innovation networks that help avoid reification by building ethicality through social practice wisdom. Finally, we discuss future directions that empirical ethics research can take
Keywords Abstract knowledge  Financial innovation  Reification  Social networks  Theory  Wisdom
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DOI 10.1007/s10551-012-1595-9
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References found in this work BETA

The View From Nowhere.Thomas Nagel - 1986 - Oxford University Press.
Metaphors We Live By.George Lakoff - 1980 - University of Chicago Press.

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Doing the Social in Social License.David Rooney, Joan Leach & Peta Ashworth - 2014 - Social Epistemology 28 (3-4):209-218.

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