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Definition of Key Terms: Knowledge, Knowledge Production, Innovation, Democracy, and Governance

In: Smart Quintuple Helix Innovation Systems

Author

Listed:
  • Elias G. Carayannis

    (George Washington University)

  • David F. J. Campbell

    (Danube University Krems
    University for Applied Arts Vienna)

Abstract

The Wikipedia definition of knowledge, also cross-referencing to the Oxford English dictionary, lists as a crucial element of knowledge “the theoretical or practical understanding of a subject.” The Wikipedia definition furthermore associates knowledge to “expertise, and skills” that a person may have gained either by experience or through education. Currently, there exists a general belief (indicated by numerous publications) that knowledge becomes increasingly important for society, economy, and also democracy. Advancements and a sustainable development of society and the economy appear unlikely without leveraging and enhancing knowledge. This adds plausibility for using concepts such as the knowledge-based society, the knowledge-based economy, and the knowledge-based democracy (Carayannis & Campbell, 2009, p. 224). Perhaps there is even a shift not only to speak of the knowledge-based society and economy but of a knowledge society and a knowledge economy per se that is being endogenously driven by knowledge. The concept of a knowledge democracy consequently complements such propositions.

Suggested Citation

  • Elias G. Carayannis & David F. J. Campbell, 2019. "Definition of Key Terms: Knowledge, Knowledge Production, Innovation, Democracy, and Governance," SpringerBriefs in Business, in: Smart Quintuple Helix Innovation Systems, chapter 0, pages 5-15, Springer.
    • Handle: RePEc:spr:spbrcp:978-3-030-01517-6_2
    DOI: 10.1007/978-3-030-01517-6_2
    as

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