Knowledge and its Economic Characteristics - A Conceptual Clarification
AbstractThis paper discusses several features of knowledge that are often considered crucial for characterizing the economic significance of knowledge: whether it is overtly accessible or tacit, whether it can be or is encoded or not, and whether it has public or private good character. It is argued that all these features depend similarly on the state of the knowledge technology, i.e. on how knowledge can be acquired, stored, used, and communicated. The different characteristics and the relationships between them are shown to correspond to different specifications of the technology, specifications that are not always made explicit in the literature.
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Bibliographic InfoPaper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics in its series Jena Economic Research Papers with number 2007-013.
Date of creation: 07 May 2007
Date of revision:
knowledge; knowledge technology; tacitness; ouvertness; public goods; intellectual property rights;
Find related papers by JEL classification:
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O34 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-05-12 (All new papers)
- NEP-INO-2007-05-12 (Innovation)
- NEP-IPR-2007-05-12 (Intellectual Property Rights)
- NEP-KNM-2007-05-12 (Knowledge Management & Knowledge Economy)
- NEP-TID-2007-05-12 (Technology & Industrial Dynamics)
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