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Economic Fundamentals of the Knowledge Society

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Author Info
Paul A. David
Dominique Foray

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Abstract

December 2001- Revised February 2002

This article provides an introduction to fundamental issues in the development of new knowledge-based economies. After placing their emergence in historical perspective and proposing a theoretical framework that distinguishes knowledge from information, the authors characterize the specific nature of such economies. They go on to deal with some of the major issues concerning the new skills and abilities required for integration into the knowledge-based economy; the new geography that is taking shape (where physical distance ceases to be such an influential constraint); the conditions governing access to both information and knowledge, not least for developing countries; the uneven development of scientific, technological (including organizational) knowledge across different sectors of activity; problems concerning intellectual property rights and the privatization of knowledge; and the issues of trust, memory and the fragmentation of knowledge.

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Paper provided by Stanford University, Department of Economics in its series Working Papers with number 02003.

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Handle: RePEc:wop:stanec:02003

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  1. Franz Tödtling & Patrick Lehner & Michaela Trippl, 2004. "Knowledge intensive industries, networks, and collective learning," ERSA conference papers ersa04p167, European Regional Science Association. [Downloadable!]
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  2. Michaela Trippl & Lukas Lengauer & Franz Tödtling, 2007. "Innovation und Wissensnetze im Wiener Informations- und Kommunikationtechnologiecluster," SRE-Disc sre-disc-2007_02, Department of City and Regional Development, Vienna University of Economics and Business Administration. [Downloadable!]
  3. Francesco Rullani, 2006. "Dragging developers towards the core. How the Free/Libre/Open Source Software community enhances developers’ contribution," LEM Papers Series 2006/22, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy. [Downloadable!]
  4. Francesco Rullani, 2005. "The Debate and the Community. “Reflexive Identity” in the FLOSS Community," LEM Papers Series 2005/18, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy. [Downloadable!]
  5. O'Mahoney, Siobhán & Ferraro, Fabrizio, 2004. "Managing the boundary of an 'open' project," IESE Research Papers D/537, IESE Business School. [Downloadable!]
  6. Franz Toedtling & Patrick Lehner, 2006. "Do Different Types of Innovation Require Specific Kinds of Knowledge Links?," ERSA conference papers ersa06p513, European Regional Science Association. [Downloadable!]
  7. Eric Brousseau, 2004. "Property rights on the internet: is a specific institutional framework needed?," Economics of Innovation and New Technology, Taylor and Francis Journals, vol. 13(5), pages 489-507, July. [Downloadable!] (restricted)
  8. Lukas Lengauer & Franz Tödtling & Michaela Trippl, 2006. "Der Informations- und Kommunikationstechnologien-Sektor in Österreich: Struktur, Entwicklungsdynamik und räumliche Muster," SRE-Disc sre-disc-2006_06, Department of City and Regional Development, Vienna University of Economics and Business Administration. [Downloadable!]
  9. Franz Tödtling & Patrick Lehner & Alexander Kaufmann, 2008. "Do Different Types of Innovation Rely on Specific Kinds of Knowledge Interactions?," SRE-Disc sre-disc-2008_01, Department of City and Regional Development, Vienna University of Economics and Business Administration. [Downloadable!]
  10. Yosem Companys & Jeffery McMullen, 2007. "Strategic Entrepreneurs at Work: The Nature, Discovery, and Exploitation of Entrepreneurial Opportunities," Small Business Economics, Springer, vol. 28(4), pages 301-322, April. [Downloadable!] (restricted)
  11. Bengt-Åke Lundvall, 2006. "One Knowledge Base or Many Knowledge Pools?," DRUID Working Papers 06-08, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies. [Downloadable!]
  12. Biswajit Dhar, 2008. "Domestic dimentions of the trade liberalization agenda: An exploration," Publication STUDIES IN TRADE AND INVESTMENT, in: Mia Mikic (ed.), Emerging Trade Issues for Policymakers in Developing Countries in Asia and the Pacific, chapter 2 Trade Policy Section, Trade and Investment Division, UNESCAP. [Downloadable!]
  13. Francesco Rullani, 2006. "Dragging developers towards the core," CESPRI Working Papers 190, CESPRI, Centre for Research on Innovation and Internationalisation, Universita' Bocconi, Milano, Italy, revised Feb 2007. [Downloadable!]
  14. Michaela Trippl, 2006. "Cross-Border Regional Innovation Systems," SRE-Disc sre-disc-2006_05, Department of City and Regional Development, Vienna University of Economics and Business Administration. [Downloadable!]
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