IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/126380.html
   My bibliography  Save this paper

Knowledge economy and innovation

Author

Listed:
  • Schilirò, Daniele

Abstract

This paper presents an examination of the knowledge economy, its nature, evolution, and defining features. Such an economy relies on increasing specialization, research, innovation, and continuous learning. Innovation constitutes a fundamental dimension of the knowledge economy; hence, it emerges as the second central theme of this analysis. The findings indicate that the capacity of companies to innovate depends on several factors, including the availability of sufficient human capital with appropriate levels of education and advanced skills, the presence of robust infrastructure, and the role of institutions. In particular, the innovation ecosystem—where stakeholders interact and collaborate—together with the regulatory and legislative framework, serves to foster and sustain innovation.

Suggested Citation

  • Schilirò, Daniele, 2025. "Knowledge economy and innovation," MPRA Paper 126380, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:126380
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/126380/1/MPRA_paper_126380.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Daniele SCHILIRÒ, 2012. "Knowledge-Based Economies And The Institutional Environment," Theoretical and Practical Research in the Economic Fields, ASERS Publishing, vol. 3(1), pages 42-50.
    2. repec:fth:harver:1473 is not listed on IDEAS
    3. Vincent Boly & Manon Enjolras & Severine Husson & Laure Morel & Laurent Dupont & Lina Benis, 2022. "Innovation Capacity of City Administrations: A Best Practices Approach," Post-Print hal-03641801, HAL.
    4. Schilirò, Daniele, 2016. "Innovazione ed economia basata sulla conoscenza [Innovation and knowledge-based economy]," MPRA Paper 111274, University Library of Munich, Germany.
    5. Schilirò, Daniele, 2022. "Innovazione, crescita ed economia basata sulla conoscenza [Innovation, growth and knowledge-based economy]," MPRA Paper 113729, University Library of Munich, Germany.
    6. Daniele Schilirò, 2007. "Knowledge, Learning, Networks and Performance of Firms in Knowledge-Based Economies," CRANEC - Working Papers del Centro di Ricerche in Analisi economica e sviluppo economico internazionale crn0702, Università Cattolica del Sacro Cuore, Centro di Ricerche in Analisi economica e sviluppo economico internazionale (CRANEC).
    7. Vincent Boly & Manon Enjolras & Severine Husson & Laure Morel & Laurent Dupont & Lina Benis, 2022. "Innovation Capacity of City Administrations: A Best Practices Approach," Journal of Innovation Economics, De Boeck Université, vol. 0(2), pages 169-198.
    8. Dziallas, Marisa & Blind, Knut, 2019. "Innovation indicators throughout the innovation process: An extensive literature analysis," Technovation, Elsevier, vol. 80, pages 3-29.
    9. Schilirò, Daniele, 2021. "Digital transformation, COVID-19, and the future of work," MPRA Paper 108817, University Library of Munich, Germany.
    10. Schilirò, Daniele, 2023. "Technological progress and the future of work," MPRA Paper 117927, University Library of Munich, Germany.
    11. Smith, Keith, 2002. "What is the 'Knowledge Economy'? Knowledge Intensity and Distributed Knowledge Bases," UNU-INTECH Discussion Paper Series 2002-06, United Nations University - INTECH.
    12. Schilirò, Daniele, 2003. "Dibattito sulla globalizzazione. Un commento [Debate on globalization. A comment]," MPRA Paper 34943, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Daniele SCHILIRÒ, 2012. "Knowledge-Based Economies And The Institutional Environment," Theoretical and Practical Research in the Economic Fields, ASERS Publishing, vol. 3(1), pages 42-50.
    2. Schilirò, Daniele, 2025. "Tariffs and deglobalization. Is globalization going backwards?," MPRA Paper 126326, University Library of Munich, Germany.
    3. Schilirò, Daniele, 2024. "Public debt and demography. An analysis of the Italian case," MPRA Paper 121958, University Library of Munich, Germany.
    4. Władysław Welfe, 2008. "A Knowledge-Based Economy: New Directions of Macromodelling," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 14(2), pages 167-180, May.
    5. Bentivoglio, Deborah & Bucci, Giorgia & Belletti, Matteo & Finco, Adele, 2022. "A theoretical framework on network’s dynamics for precision agriculture technologies adoption," Revista de Economia e Sociologia Rural (RESR), Sociedade Brasileira de Economia e Sociologia Rural, vol. 60(4), January.
    6. Nils Grashof, 2020. "Sinking or swimming in the cluster labour pool? A firm-specific analysis of the effect of specialized labour," Jena Economics Research Papers 2020-006, Friedrich-Schiller-University Jena.
    7. Nour, Samia Satti Osman Mohamed, 2010. "The incidence and transfer of knowledge in the Arab countries," MERIT Working Papers 2010-064, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    8. Havas, Attila, 2004. "EU Enlargement and Innovation Policy in Central European Countries: The case of Hungary," MPRA Paper 69872, University Library of Munich, Germany.
    9. Jeon, Heesang, 2015. "Knowledge and Contemporary Capitalism in Light of Marx's Value Theory," Thesis Commons g5njk, Center for Open Science.
    10. Davine N. G. Janssen & Eunice Pereira Ramos & Vincent Linderhof & Nico Polman & Chrysi Laspidou & Dennis Fokkinga & Duarte de Mesquita e Sousa, 2020. "The Climate, Land, Energy, Water and Food Nexus Challenge in a Land Scarce Country: Innovations in the Netherlands," Sustainability, MDPI, vol. 12(24), pages 1-27, December.
    11. Schilirò, Daniele, 2006. "Crescita economica, conoscenza e capitale umano. Le teorie e i modelli di crescita endogena di Paul Romer e Robert Lucas [Economic growth, knowledge and human capital. Theories and models of endoge," MPRA Paper 52435, University Library of Munich, Germany.
    12. Kwee Keong Choong & Patrick W. Leung, 2022. "A Critical Review of the Precursors of the Knowledge Economy and Their Contemporary Research: Implications for the Computerized New Economy," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(2), pages 1573-1610, June.
    13. Grasso, Filippo & Schilirò, Daniele, 2025. "Territorial sustainability and roots tourism," MPRA Paper 124209, University Library of Munich, Germany, revised 25 Feb 2025.
    14. Welfe, Wladyslaw, 2011. "Long-term macroeconometric models: The case of Poland," Economic Modelling, Elsevier, vol. 28(1-2), pages 741-753, January.
    15. Attila Havas, 2016. "Social and Business Innovations: Are Common Measurement Approaches Possible?," Foresight-Russia Форсайт, CyberLeninka;Федеральное государственное автономное образовательное учреждение высшего образования «Национальный исследовательский университет «Высшая школа экономики», vol. 10(2 (eng)), pages 58-80.
    16. Bhatt, Ayushman & Kato, Hironori, 2021. "High-speed rails and knowledge productivity: A global perspective," Transport Policy, Elsevier, vol. 101(C), pages 174-186.
    17. Godinho, Manuel Mira & Simões, Vítor Corado, 2023. "The Tech Cold War: What can we learn from the most dynamic patent classes?," International Business Review, Elsevier, vol. 32(6).
    18. Doloreux, David & Shearmur, Richard, 2023. "Does location matter? STI and DUI innovation modes in different geographic settings," Technovation, Elsevier, vol. 119(C).
    19. Schilirò, Daniele, 2024. "L’ economia politica, la crescita e l’euro in una prospettiva storica [Political economy, growth and the euro in historical perspective]," MPRA Paper 123132, University Library of Munich, Germany.
    20. Paredes-Frigolett, Harold & Pyka, Andreas & Leoneti, Alexandre Bevilacqua, 2021. "On the performance and strategy of innovation systems: A multicriteria group decision analysis approach," Technology in Society, Elsevier, vol. 67(C).

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:126380. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.