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Perspectives on the knowledge-based society: An introduction to the special issue

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  • Rockett, Katharine

Abstract

Knowledge exchange, innovation policy, and international trade flows are key aspects of the knowledge-based economy. In her introduction to the special issue on The Knowledge-Based Society: Transition, Geography, and Competition Policy the author briefly reviews these aspects. She begins with spillovers, emphasising the effects that drive the variety of results in this literature, and their role in a model of research joint venture formation among asymmetric partners. She then moves on to the linkages between universities and industry, underlining the diversity of these linkages and their goals. She discusses the interaction among innovative skills, minimum quality standards, and patent protection, noting how these generate welfare outcomes that vary with industry innovative skill levels. Finally, the author examines threshold effects in the relation between innovation and exports.

Suggested Citation

  • Rockett, Katharine, 2012. "Perspectives on the knowledge-based society: An introduction to the special issue," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 6, pages 1-22.
    • Handle: RePEc:zbw:ifweej:201235
    DOI: 10.5018/economics-ejournal.ja.2012-35
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    More about this item

    Keywords

    exports; innovation; intellectual property; quality standards; research joint ventures; spillovers; university impact;
    All these keywords.

    JEL classification:

    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
    • L5 - Industrial Organization - - Regulation and Industrial Policy
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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