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Considerations Concerning the Functioning of the Knowledge Markets: the Impact on Competition, Prices and Development

Author

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  • Vadim DUMITRASCU

    („Dimitrie Cantemir“ Christian University - Bucharest)

Abstract

Massive application of knowledge in economic activities represents the cornerstone of the New Economy. Knowledge invested in business processes outlines the nucleus of the intellectual capital of both companies and territories. But the quality of the intellectual capital is determined by the knowledge generated by economic processes. Turning knowledge input into knowledge output has its foundation in the particularities of the intellectual capital markets.

Suggested Citation

  • Vadim DUMITRASCU, 2012. "Considerations Concerning the Functioning of the Knowledge Markets: the Impact on Competition, Prices and Development," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 60(4), pages 183-188, November.
    • Handle: RePEc:rsr:supplm:v:60:y:2012:i:4:p:183-188
    as

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    References listed on IDEAS

    as
    1. Goolsbee, Austan & Klenow, Peter J, 2002. "Evidence on Learning and Network Externalities in the Diffusion of Home Computers," Journal of Law and Economics, University of Chicago Press, vol. 45(2), pages 317-343, October.
    2. Shy,Oz, 2001. "The Economics of Network Industries," Cambridge Books, Cambridge University Press, number 9780521805001, January.
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    More about this item

    Keywords

    Knowledge markets; Tacit knowledge; Explicit knowledge; Networks; Network effects;
    All these keywords.

    JEL classification:

    • C00 - Mathematical and Quantitative Methods - - General - - - General
    • N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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