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The bumpy ride to the knowledge economy

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  • Cristiano Antonelli

    (Università di Torino
    Collegio Carlo Alberto)

Abstract

The transition to the knowledge economy seems far bumpier than it had been anticipated. The understanding of the structural changes that parallel the transition to the knowledge economy is indispensable in order to distinguish between short and long term dynamics and absolutely necessary to identify the new emerging characters of advanced economic systems. In order to support the transition it is necessary to implement an effective knowledge policy based upon: (1) the strengthening of the public research infrastructure; (2) the selective support to tertiary education finalized to increase the supply of dedicated ICT skills; (3) the provision of a large digital infrastructure that helps reducing absorption and access costs to the existing stock of quasi-public knowledge; (4) the strengthening of the interactions between private and public research; (5) the implementation of a competent procurement able to increase the knowledge accelerator; (6) the active support to intangible investments.

Suggested Citation

  • Cristiano Antonelli, 2016. "The bumpy ride to the knowledge economy," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 43(3), pages 337-344, September.
    • Handle: RePEc:spr:epolin:v:43:y:2016:i:3:d:10.1007_s40812-016-0035-8
    DOI: 10.1007/s40812-016-0035-8
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    References listed on IDEAS

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    1. Robert J. Gordon, 2016. "The Rise and Fall of American Growth: The U.S. Standard of Living since the Civil War," Economics Books, Princeton University Press, edition 1, number 10544.
    2. Cristiano Antonelli & Claudio Fassio, 2016. "Globalization and the Knowledge-Driven Economy," Economic Development Quarterly, , vol. 30(1), pages 3-14, February.
    3. Cristiano Antonelli & Federico Barbiellini Amidei, 2011. "The Dynamics of Knowledge Externalities," Books, Edward Elgar Publishing, number 13292.
    4. Cristiano Antonelli, 2014. "La politica economica della conoscenza," Economia & lavoro, Carocci editore, issue 3, pages 25-42.
    5. Matteo Lucchese & Leopoldo Nascia & Mario Pianta, 2016. "Industrial policy and technology in Italy," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 43(3), pages 233-260, September.
    6. Antonelli Cristiano & Fassio Claudio, 2012. "Academic knowledge and economic growth: are scientific fields all alike," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201203, University of Turin.
    7. Cristiano Antonelli & Agnieszka Gehringer, 2015. "The competent demand pull hypothesis: which sectors do play a role?," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 32(1), pages 97-134, April.
    8. Antonelli, Cristiano & Fassio, Claudio, 2014. "The economics of the light economy," Technological Forecasting and Social Change, Elsevier, vol. 87(C), pages 89-107.
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    Cited by:

    1. Dmitri Vinogradov & Elena Shadrina & Marina Doroshenko, 2018. "KIBS for public needs," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 45(4), pages 443-473, December.
    2. Ibrahim Alnafrah & Sulaiman Mouselli, 2020. "Constructing the Reconstruction Process: a Smooth Transition Towards Knowledge Society and Economy in Post-Conflict Syria," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(3), pages 931-948, September.

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    More about this item

    Keywords

    Transition; Knowledge economy; Technological and structural change;
    All these keywords.

    JEL classification:

    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • L5 - Industrial Organization - - Regulation and Industrial Policy
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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