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Policy in the knowledge economy social network: a social capital redux

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  • Prateek Goorha

Abstract

Purpose - The purpose of this paper is to suggest how enabling policy should be focused in a knowledge economy by developing the concept of a knowledge economy social network (KESN). Design/methodology/approach - The paper employs an interdisciplinary approach in developing the KESN by drawing on concepts and methodology from economics, political science and social network theory. Findings - The KESN's social capital is defined. As such, maintaining accountability, increasing cohesion and connections among knowledge actors are suggested as relevant guidelines for policy in the KESN. Research limitations/implications - The knowledge economy should ideally be seen as having unique needs compared to the traditional economy in devising policy. Practical implications - The paper suggests using the KESN as a basis for devising policy for a knowledge economy. Originality/value - The paper uses an interdisciplinary approach to studying the knowledge economy and introduces the KESN.

Suggested Citation

  • Prateek Goorha, 2009. "Policy in the knowledge economy social network: a social capital redux," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 36(9), pages 930-944, July.
    • Handle: RePEc:eme:ijsepp:v:36:y:2009:i:9:p:930-944
    DOI: 10.1108/03068290910977748
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    References listed on IDEAS

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    1. David, Paul A, 1998. "Common Agency Contracting and the Emergence of "Open Science" Institutions," American Economic Review, American Economic Association, vol. 88(2), pages 15-21, May.
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