Download or read book Theory and Measurement of Economic Externalities written by Steven A. Y. Lin and published by Academic Press. This book was released on 2014-05-10 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Theory and Measurement of Economic Externalities provides information on some analytical and empirical developments in the field of externalities. This book presents the function of turning out producer's goods in the form of better knowledge, analytical formulation, and approaches for application to current problems. Organized into five parts encompassing 12 chapters, this book begins with an overview of the notion of externalities in connection with analyses of economic welfare. This text then discusses the relationship between publicness and external diseconomies when either consumption or production or decision sets are nonconvex due to a high degree of externalities. Other chapters consider disproving the pessimistic conclusions concerning tax–subsidy schemes. This book discusses as well the solutions for the allocation of resources in an economy with public goods and interdependent preferences. The final chapter deals with a general framework for estimating externality production functions. This book is a valuable resource for economists.

Download or read book The Economics of Knowledge Production written by Aldo Geuna and published by Edward Elgar Publishing. This book was released on 1999 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Of particular concern to Geuna (science and technology policy, U. of Sussex) is how the changing structure of university research funding is influencing research behavior. He considers the relationship between the allocation of funds and university scientific research productivity, and examines different aspects of European Union funding of university research. He presents empirical evidence supporting the hypothesis that tighter linkages between university and industry, which aim to increase the transfer of knowledge, may produce unintended negative effects. Annotation copyrighted by Book News, Inc., Portland, OR

Download or read book The Regional Economics of Knowledge and Talent written by Charlie Karlsson and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Charlie Karlsson, Börje Johansson and Roger R. Stough have collected a set of important articles on some of the most important factors determining the growth of contemporary regional economies. the focus of the book is on important growth determinants that are almost never mentioned in the standard analyses of economic growth. Entrepreneurship is discussed from theoretical as well as empirical points of view. the role of social capital as well as institutional governance are highlighted in chapters that ought to be read by all economists interested in the economic growth and development of regions.' – Åke E. Andersson, Jönköping International Business School, Jönköping, Sweden 'This is an exceptional work that is the result of an outstanding selection of the best papers on agglomeration and innovation given at the 10th anniversary of the Udevalla conference. It is the finest set of conference papers I have seen in the past 25 years. These are artfully woven together into three primary areas. the first focuses on the role of knowledge and innovation in entrepreneurship, the second incorporates the institutional environment, while the third looks at the international context. I recommend this collection to academics, students and all who are interested in the role of creativity and innovation in entrepreneurial development. Not only are these the very best researchers in the field, but the materials are presented in a clear and concise manner, making it an outstanding base for advanced courses in this area. This work combines some of the best writings by top-notch authors sharing the sharpest insight into the complex area of the role of human capital in structuring agglomerative advantages. I take my hat off to the fine editorial work represented in this volume.' – Kingsley E. Haynes, George Mason University, US 'The book provides a remarkable contribution on the role of human capital as major creator of knowledge, interpreted as abilities, capabilities, methods, creativity and persistency in identifying and solving problems by collecting, selecting, interpreting and applying existing knowledge and information. the laws of increasing returns to human capital – among which are urban agglomerations as magnets which attract persons who embody knowledge – are conceptually searched and empirically verified. the book answers questions such as: Why do highly educated people, i.e. the carriers of human capital, tend to concentrate in large agglomerations?; What are the agglomerative forces?; and How does this agglomeration of human capital impact different types of economic activities and in particular their location behaviour? Important normative implications are thus derived from such a collected effort.' – Roberta Capello, Politecnico di Milano, Italy 'The Regional Economics of Knowledge and Talent, edited by Charlie Karlsson, Börje Johansson and Roger R. Stough brings together a wide range of cutting-edge studies and research on the role of talent in regional development. It is an important addition to our understanding of how knowledge, human capital, and talent shape the development of cities and regions across the globe.' – Richard Florida, University of Toronto, Canada This original and instructive new book defines and explores the concept of knowledge as the talent, skills, know-how and understanding embodied in individuals. the distinguished contributors advance the current research frontier in three novel directions which focus on: the role of human capital and talent for creativity, entrepreneurship and regional development; the role of institutions for the behaviour of firms and entrepreneurs; and the influence of the global context on the location, export and innovation behaviour of firms in a knowledge economy. They also address critical questions that underpin the emerging knowledge economy: • Why does human capital and talent tend to agglomerate in large urban regions? • How does this agglomeration affect the location of different types of economic activities? • How does this agglomeration affect regional growth? Presenting the state of the art in the field of knowledge economics, this book will prove a stimulating and challenging read for scholars and researchers with an interest in economics, business and management, and regional and urban studies.

Download or read book Localised Technological Change written by Cristiano Antonelli and published by Routledge. This book was released on 2008-01-31 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pt. 1. The ingredients -- pt. 2. The governance of localised technological knowledge -- pt. 3. The introduction of localised technological change.

Download or read book Decolonizing Knowledge written by Frédérique Apffel-Marglin and published by Clarendon Press. This book was released on 1996-04-25 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: Development failures, environmental degradation and social fragmentation can no longer be regarded as side effects of `externalities'. They are the toxic consequences of pretensions that the modern Western view of knowledge is a universal neutral view, applicable to all people at all times. The very word `development' and its cognates `underdevelopment' and `developing' confidently mark the `first' world's as the future of the `third'. This book argues that the linear evolutionary paradigm of development that comes out of modern Western view of knowledge is a contemporary form of colonialism. The authors - covering topics as diverse as the theory of knowledge underlying the work of John Maynard Keynes, what the renowned British geneticist J.B.S. Haldane was looking for when he migrated to India, the knowledge of Mexican and Indian peasants - propose a pluralistic vision and decolonization of knowledge: the replacement of one-way transfers of knowledge and technology by dialogue and mutual learning.

Download or read book Open Innovation written by Henry Chesbrough and published by OUP Oxford. This book was released on 2008-01-17 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Open Innovation describes an emergent model of innovation in which firms draw on research and development that may lie outside their own boundaries. In some cases, such as open source software, this research and development can take place in a non-proprietary manner. Henry Chesbrough and his collaborators investigate this phenomenon, linking the practice of innovation to the established body of innovation research, showing what's new and what's familiar in the process. Offering theoretical explanations for the use (and limits) of open innovation, the book examines the applicability of the concept, implications for the boundaries of firms, the potential of open innovation to prove successful, and implications for intellectual property policies and practices. The book will be key reading for academics, researchers, and graduate students of innovation and technology management.

Download or read book Hidden Costs of Energy written by National Research Council and published by National Academies Press. This book was released on 2010-05-26 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the many benefits of energy, most of which are reflected in energy market prices, the production, distribution, and use of energy causes negative effects. Many of these negative effects are not reflected in energy market prices. When market failures like this occur, there may be a case for government interventions in the form of regulations, taxes, fees, tradable permits, or other instruments that will motivate recognition of these external or hidden costs. The Hidden Costs of Energy defines and evaluates key external costs and benefits that are associated with the production, distribution, and use of energy, but are not reflected in market prices. The damage estimates presented are substantial and reflect damages from air pollution associated with electricity generation, motor vehicle transportation, and heat generation. The book also considers other effects not quantified in dollar amounts, such as damages from climate change, effects of some air pollutants such as mercury, and risks to national security. While not a comprehensive guide to policy, this analysis indicates that major initiatives to further reduce other emissions, improve energy efficiency, or shift to a cleaner electricity generating mix could substantially reduce the damages of external effects. A first step in minimizing the adverse consequences of new energy technologies is to better understand these external effects and damages. The Hidden Costs of Energy will therefore be a vital informational tool for government policy makers, scientists, and economists in even the earliest stages of research and development on energy technologies.

Download or read book Knowledge and the Wealth of Nations A Story of Economic Discovery written by David Warsh and published by W. W. Norton & Company. This book was released on 2007-05-17 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: "What The Double Helix did for biology, David Warsh's Knowledge and the Wealth of Nations does for economics." —Boston Globe A stimulating and inviting tour of modern economics centered on the story of one of its most important breakthroughs. In 1980, the twenty-four-year-old graduate student Paul Romer tackled one of the oldest puzzles in economics. Eight years later he solved it. This book tells the story of what has come to be called the new growth theory: the paradox identified by Adam Smith more than two hundred years earlier, its disappearance and occasional resurfacing in the nineteenth century, the development of new technical tools in the twentieth century, and finally the student who could see further than his teachers. Fascinating in its own right, new growth theory helps to explain dominant first-mover firms like IBM or Microsoft, underscores the value of intellectual property, and provides essential advice to those concerned with the expansion of the economy. Like James Gleick's Chaos or Brian Greene's The Elegant Universe, this revealing book takes us to the frontlines of scientific research; not since Robert Heilbroner's classic work The Worldly Philosophers have we had as attractive a glimpse of the essential science of economics.

Download or read book Hub Cities in the Knowledge Economy written by Sven Conventz and published by Routledge. This book was released on 2016-05-13 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: The overarching research topic addressed in this book is the complex and multifaceted interaction between infrastructural accessibility/connectivity of city-regions on the one hand and knowledge generation in these city-regions on the other hand. To this end, the book brings together chapters analysing how infrastructural accessibility is related to changing patterns of business location of knowledge-intensive industries in city-regions. The chapters in this book specifically dwell on recent manifestations of and developments in the accessibility/knowledge-nexus, with a particular metageographical focus on how this materializes in major city-regions. In the different chapters, this shifting relation is broached from different perspectives (seaports, airports, brainports), at different scales (ranging from global-scale analyses to case studies), and by adopting a variety of methodologies (straddling the wide variety of methodological approaches currently adopted in human geography research). Researchers contributing to this edited volume come from different scholarly backgrounds (sociology, human geography, regional planning), which allows for a varied treatise of this research topic.

Download or read book R D and Productivity written by Zvi Griliches and published by University of Chicago Press. This book was released on 2007-12-01 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Zvi Griliches, a world-renowned pioneer in the field of productivity growth, has compiled in a single volume his pathbreaking research on R&D and productivity. Griliches addresses the relationship between research and development (R&D) and productivity, one of the most complex yet vital issues in today's business world. Using econometric techniques, he establishes this connection and measures its magnitude for firm-, industry-, and economy-level data. Griliches began his studies of productivity growth during the 1950s, adding a variable of "knowledge stock" to traditional production function models, and his work has served as the point of departure for much of the research into R&D and productivity. This collection of essays documents both Griliches's distinguished career as well as the history of this line of thought. As inputs into production increasingly taking the form of "intellectual capital" and new technologies that are not as easily measured as traditional labor and capital, the methods Griliches has refined and applied to R&D become crucial to understanding today's economy.

Download or read book The Atlas of Economic Complexity written by Ricardo Hausmann and published by MIT Press. This book was released on 2014-01-17 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Maps capture data expressing the economic complexity of countries from Albania to Zimbabwe, offering current economic measures and as well as a guide to achieving prosperity Why do some countries grow and others do not? The authors of The Atlas of Economic Complexity offer readers an explanation based on "Economic Complexity," a measure of a society's productive knowledge. Prosperous societies are those that have the knowledge to make a larger variety of more complex products. The Atlas of Economic Complexity attempts to measure the amount of productive knowledge countries hold and how they can move to accumulate more of it by making more complex products. Through the graphical representation of the "Product Space," the authors are able to identify each country's "adjacent possible," or potential new products, making it easier to find paths to economic diversification and growth. In addition, they argue that a country's economic complexity and its position in the product space are better predictors of economic growth than many other well-known development indicators, including measures of competitiveness, governance, finance, and schooling. Using innovative visualizations, the book locates each country in the product space, provides complexity and growth potential rankings for 128 countries, and offers individual country pages with detailed information about a country's current capabilities and its diversification options. The maps and visualizations included in the Atlas can be used to find more viable paths to greater productive knowledge and prosperity.

Download or read book Open Knowledge Institutions written by Lucy Montgomery and published by MIT Press. This book was released on 2021-08-03 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: The future of the university as an open knowledge institution that institutionalizes diversity and contributes to a common resource of knowledge: a manifesto. In this book, a diverse group of authors—including open access pioneers, science communicators, scholars, researchers, and university administrators—offer a bold proposition: universities should become open knowledge institutions, acting with principles of openness at their center and working across boundaries and with broad communities to generate shared knowledge resources for the benefit of humanity. Calling on universities to adopt transparent protocols for the creation, use, and governance of these resources, the authors draw on cutting-edge theoretical work, offer real-world case studies, and outline ways to assess universities’ attempts to achieve openness. Digital technologies have already brought about dramatic changes in knowledge format and accessibility. The book describes further shifts that open knowledge institutions must make as they move away from closed processes for verifying expert knowledge and toward careful, mediated approaches to sharing it with wider publics. It examines these changes in terms of diversity, coordination, and communication; discusses policy principles that lay out paths for universities to become fully fledged open knowledge institutions; and suggests ways that openness can be introduced into existing rankings and metrics. Case studies—including Wikipedia, the Library Publishing Coalition, Creative Commons, and Open and Library Access—illustrate key processes.

Download or read book Routledge Handbook of the Economics of Knowledge written by Cristiano Antonelli and published by Routledge. This book was released on 2014-12-05 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Routledge Handbook of the Economics of Knowledge provides a comprehensive framework to integrate the advancements over the last 20 years in the analysis of technological knowledge as an economic good, and in the static and dynamic characteristics of its generation process. There is a growing consensus in the field of economics that knowledge, technological knowledge in particular, is one of the most relevant resources of wealth, yet it is one of the most difficult and complex activities to understand or even to conceptualize. The economics of knowledge is an emerging field that explores the generation, exploitation, and dissemination of technological knowledge. Technological knowledge cannot any longer be regarded as a homogenous good that stems from standardized generation processes. Quite the opposite, technological knowledge appears more and more to be a basket of heterogeneous items, resources, and even experiences. All of these sources, which are both internal and external to the firm, are complementary, as is the interplay between a bottom-up and top-down generation processes. In this context, the interactions between the public research system, private research laboratories, and various networks of learning processes, within and among firms, play a major role in the creation of technological knowledge. In this Handbook special attention is given to the relationship among technological knowledge and both upstream scientific knowledge and related downstream resources. By addressing the antecedents and consequences of technological knowledge from both an upstream and downstream perspective, this Handbook will become an indispensable tool for scholars and practitioners aiming to master the generation and the use of technological knowledge.

Download or read book The Knowledge Growth Regime written by Cristiano Antonelli and published by Springer. This book was released on 2019-03-16 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: ‘This important new book provides a penetrating, novel analysis of the key role played by knowledge when viewed through the lens of Schumpeterian economics. It is loaded with important insights that highlight the primacy of knowledge and innovation to unleash economic growth.’ —David B. Audretsch, Indiana University Bloomington, USA This book combines the tools elaborated by the economics of knowledge and the legacy of Joseph Schumpeter to explore the emergence of the new knowledge economy and the shift away from the manufacturing industries. Antonelli analyzes the characteristics of the innovation process as a creative response based upon the accumulation, generation and exploitation of knowledge. He highlights the new structure of advanced economies, where knowledge is at the same time the prime input and output. With special attention to the limits of the new knowledge growth regime, raised by the role of finance, income distribution and intellectual property rights, this Palgrave Pivot recommends appropriate economic policies based upon an Open Technology approach.

Download or read book The Handbook of Evolutionary Economic Geography written by Ron A. Boschma and published by Edward Elgar Publishing. This book was released on 2010 with total page 559 pages. Available in PDF, EPUB and Kindle. Book excerpt: This wide-ranging handbook studies and defines the paradigm of evolutionary economic geography. The distinguished contributors highlight the key conceptual, theoretical and empirical advances, and present a clear statement of their aims, objectives and methods.

Download or read book The Economics of Knowledge Generation and Distribution written by Pier Paolo Patrucco and published by Routledge. This book was released on 2014-09-25 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contemporary capitalistic systems have been undergoing profound transformations determined by the transition towards the so-called knowledge based economy, i.e. a competitive system based on the capabilities firms have to create, use and circulate knowledge. These transformations concern both the characteristics of productive and innovative processes, and the resources used in these activities. This book captures these changes, where traditional R&D investments undertaken internally by firms are increasingly and strategically complemented by external sources of innovation and new knowledge. Collaborations between firms, and between firms and other organizations, as well as the mobility of human capital, are strategic processes in order to share and circulate knowledge and competencies. They are also key determinants in the creation of new knowledge and innovation, and ultimately in growth dynamics. The circulation and distribution of knowledge is now a key input in the production of knowledge. Knowledge and innovation are understood as the result of collective and interactive processes at the system level, and less at the micro level. In other words, new knowledge production is less and less the result of individualistic behaviours of the firms and much more the effect of explicit and pro-active interactions and transactions put in place by local networks of innovators. In this perspective, economic space is much more defined by the quality of the interactions among actors rather than by their mere technological, sectoral or geographical proximity. This book brings together new conceptual and empirical contributions and blends the analysis of the technological and geographical spaces in which innovation and knowledge are produced.

Download or read book The Economics of Science A Critical Realist Overview written by David Tyfield and published by Routledge. This book was released on 2013-06-17 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dramatic and controversial changes in the funding of science over the past two decades, towards its increasing commercialization, have stimulated a huge literature trying to set out an "economics of science". Whether broadly in favour or against these changes, the vast majority of these frameworks employ ahistorical analyses that cannot conceptualise, let alone address, the questions of "why have these changes occurred?" and "why now?" Nor, therefore, can they offer much insight into the crucial question of future trends. Given the growing importance of science and innovation in an age of both a globalizing knowledge-based economy (itself in crisis) and enormous challenges that demand scientific and technological responses, these are significant gaps in our understanding of important contemporary social processes. This book argues that the fundamental underlying problem in all cases is the ontological shallowness of these theories, which can only be remedied by attention to ontological presuppositions. Conversely, a critical realist approach affords the integration of a realist political economy into the analysis of the economics of science that does afford explicit attention to these crucial questions; a ‘cultural political economy of research and innovation’ (CPERI). Accordingly, the book sets out an introduction to the existing literature on the economics of science together with novel discussion of the field from a critical realist perspective. In arguing thus across levels of abstraction, however, the book also explores how concerted engagement with substantive social enquiry and theoretical debate develops and strengthens critical realism as a philosophical project, rather than simply ‘applying’ it. Divided into two volumes, in this first volume the book explores the ‘top’ and ‘tail’ of the argument, regarding substantive and philosophical aspects. Starting with substantive illustrations, we explore the social challenges associated with the contemporary commercialization of science and the movement towards a knowledge-based bio-economy. Having shown the explanatory benefits of assuming a realist political economy perspective, the book then turns to the task of reconstructing and justifying that theoretical perspective. True to the overall argument regarding attention to ontological presuppositions, this starts with critical realism’s critique of mainstream economics but also develops critical realism itself towards what may be called a ‘transcendental constructivism’.