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'Knowledge and Innovation in the New Service Economy is an interesting book that provides a good overview of recent trends in the service sector. . . . This book is recommended for libraries supporting upper division and graduate programs in international business and e-commerce, or for those who want a thorough overview of the knowledge-based service economy.' - Steven W. Staninger, Business Information Alert Knowledge and innovation are key factors contributing to growth and prosperity in the new service economy. This book presents original, empirical and theoretical contributions to address the economic dimensions of knowledge and the organisation of knowledge intensive activity through specialised services. Specific analyses include: * macro statistics to highlight the contribution of services to economic activity * firm level survey data to identify and consider client relations * case studies of four innovation-oriented business services.
Revolutionary account of the transformative potential of the knowledge economy Adam Smith and Karl Marx recognized that the best way to understand the economy is to study the most advanced practice of production. Today that practice is no longer conventional manufacturing: it is the radically innovative vanguard known as the knowledge economy. In every part of the production system it remains a fringe excluding the vast majority of workers and businesses. This book explores the hidden nature of the knowledge economy and its possible futures. The confinement of the knowledge economy to these insular vanguards has become a driver of economic stagnation and inequality throughout the world. Traditional mass production has stopped working as a shortcut to economic growth. But the alternative—a deepened and socially inclusive form of the knowledge economy—continues to lie beyond reach in even the richest countries. The shape of contemporary politics on both the left and the right reflects a failure to come to terms with this dilemma and to overcome it. Unger explains the knowledge economy in the truncated and confined form that it has today and proposes the way to a knowledge economy for the many: changes not just in economic institutions but also in education, culture, and politics. Just as Smith and Marx did in their time, he uses an understanding of the most advanced practice of production to rethink both economics and the economy as a whole.
This book deals with the prime movers of socio-economic development, innovations and technical change, their origins, forms and effects. It contains a set of closely related chapters, some of which have been previously published as papers in scholarly journals
This book presents new evidence concerning the influential role of context and institutions on the relations between knowledge, innovation, clusters and learning. From a truly international perspective, the expert contributors capture the most interesting and relevant aspects of knowledge economy. They explore an evolutionary explanation of how culture can play a significant role in learning and the development of skills. Presenting new data and theory developments, this insightful book reveals how changes in the dynamics of knowledge influence the circumstances under which innovation occurs. It also examines cluster development in the knowledge economy, from regional to virtual space. This volume will prove invaluable to academics and researchers who are interested in exploring new ideas surrounding the knowledge economy. Those employed in consultant firms and the public sector, where an understanding of the knowledge economy is important, will also find plenty of relevant information in this enriching compendium.
Today, universities around the world find themselves going beyond the traditional roles of research and teaching to drive the development of local economies through collaborations with industry. At a time when regions with universities are seeking best practices among their peers, Shiri M. Breznitz argues against the notion that one university's successful technology transfer model can be easily transported to another. Rather, the impact that a university can have on its local economy must be understood in terms of its idiosyncratic internal mechanisms, as well as the state and regional markets within which it operates. To illustrate her argument, Breznitz undertakes a comparative analysis of two universities, Yale and Cambridge, and the different outcomes of their attempts at technology commercialization in biotech. By contrasting these two universities—their unique policies, organizational structure, institutional culture, and location within distinct national polities—she makes a powerful case for the idea that technology transfer is dependent on highly variable historical and environmental factors. Breznitz highlights key features to weigh and engage in developing future university and economic development policies that are tailor-made for their contexts.
The most important issue for development centres on the debate about the centrality of knowledge, technology and innovation to the process of economic development. While this much is broadly agreed, what is at issue is the precise mechanics of overcoming economic development challenges in different contexts. At the heart of it all is about how economies at different levels deploy the unending streams of information and knowledge to developmental ends. In time, the notion of income convergence between the poorer South and the wealthy North has proved a mirage, while a new economic divide has in fact occurred within the South itself, and as well, between regions and within regions. The debate relating to latecomers is thus framed in discussions about regions and countries that arrive late to mastering industrialization in achieving economic prosperity through the use of knowledge. In other words, a new divide has emerged among the latecomers themselves, and with it, greater conceptual complexity in the ways of our understanding of the divergent ways of economic development. We have thus separated "fast followers" and new "late comers". This book enters this debate acutely aware of the complexity of this process. The authors argue that economic development is largely driven by innovation, concentrating on the dynamics of process, product and organizational changes and how they are embedded within specific and varied contextual institutions.
‘This important new book provides a penetrating, novel analysis of the key role played by knowledge when viewed through the lens of Schumpeterian economics. It is loaded with important insights that highlight the primacy of knowledge and innovation to unleash economic growth.’ —David B. Audretsch, Indiana University Bloomington, USA This book combines the tools elaborated by the economics of knowledge and the legacy of Joseph Schumpeter to explore the emergence of the new knowledge economy and the shift away from the manufacturing industries. Antonelli analyzes the characteristics of the innovation process as a creative response based upon the accumulation, generation and exploitation of knowledge. He highlights the new structure of advanced economies, where knowledge is at the same time the prime input and output. With special attention to the limits of the new knowledge growth regime, raised by the role of finance, income distribution and intellectual property rights, this Palgrave Pivot recommends appropriate economic policies based upon an Open Technology approach.
The main underlining conviction, throughout the book, is the importance of dynamical and systemic approaches to innovation policies. The first part of the book provides the theoretical background for the subsequent more empirical contributions. In the second part, a series of three papers analyse each the development or diffusion of a specific technology developed in the frame of a procurement policy. They explain the success of mission-oriented policies (the development of digital switching systems in the telecom sector, the development of high-speed trains in Germany and the diffusion of military technologies). The three papers contained in the third part explore the impact of incentive tools (R&D tax credits, R&D cooperative agreements and university-industry relations) on the innovation potentialities of firms and of economic systems (regions). The chapters in the last part of the book are all based around the question of how is it possible to design an innovation policy, applicable throughout Europe, bearing in mind the diversity of innovation behaviours and strategies.
The editors are experienced, well published authors in the area of innovation and economic development. This book offers a wide coverage of issues within Europe.
Economic geographers and related professionals offer their perspectives on the dynamics of change that shape the economy, examining the transformation of the modern economy into one in which knowledge is the most important resource, and learning the most important process for economic growth. They introduce the paradigm of learning region--a complex of policy, collaboration, and research--and demonstrate its application in case studies from Germany, Holland, and Belgium. Some of the 12 studies were presented at a March 1998 international seminar at Tilberg University; the others were invited contributions to round out the coverage. Annotation copyrighted by Book News Inc., Portland, OR