Knowledge as a Set in Idea Space: An Epistemological View on Growth
AbstractThis article presents a model of knowledge, seen as a set of ideas defined in a multidimensional idea space. Knowledge is created through convex combinations of older ideas and through paradigm shifts. When normal science has made the knowledge set convex, scientific opportunity is exhausted. Individual countries are endowed with different knowledge sets, which gives rise to idea gaps. The growth of a country's knowledge depends on diffusion from other countries, on own production, and on the state of its human capital and institutions. In the long run, economic growth will depend on knowledge growth, but only paradigm shifts can save R&D from diminishing returns. Copyright 2000 by Kluwer Academic Publishers
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Springer in its journal Journal of Economic Growth.
Volume (Year): 5 (2000)
Issue (Month): 3 (September)
Contact details of provider:
Web page: http://www.springerlink.com/link.asp?id=102931
You can help add them by filling out this form.
Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:CitEc Project, subscribe to its RSS feed for this item.
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page. reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn) or (Christopher F. Baum).
If references are entirely missing, you can add them using this form.