Codifiability and mechanism of transferring knowledge: while explicit knowledge can be codified (an example of that is 'can you write it down' or 'put it into words' or 'draw a picture'), and easily transferred without the knowing subject, tacit knowledge is intuitive and unarticulated knowledge that cannot be communicated, understood or used without the ‘knowing subject’. Unlike the transfer of explicit knowledge, the transfer of tacit knowledge requires close interaction and the buildup of shared understanding and trust among them. Main methods for the acquisition and accumulation: Explicit knowledge can be generated through logical deduction and acquired through practical experience in the relevant context.