The dynamics of knowledge externalities localized technological change in Italy
pt. 1. The localized generation and exploitation of technological knowledge and innovation -- pt. 2. The Italian evidence
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Format: | eBook |
Language: | English |
Published: |
Cheltenham
Edward Elgar
c2011
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Collection: | Edward Elgar eBook Archive - Collection details see MPG.ReNa |
Summary: | pt. 1. The localized generation and exploitation of technological knowledge and innovation -- pt. 2. The Italian evidence This book elaborates a new dependent and localized growth theory based upon knowledge externalities by making two important contributions. Firstly, it elaborates the hypothesis that total factor productivity growth stems from pecuniary knowledge externalities that consist in the access to localized external knowledge, at costs that are below equilibrium levels. Secondly, it implements the economic analysis of complex dynamic systems with a novel approach to understanding the role of knowledge interactions and knowledge governance mechanisms in the generation of new technological knowledge within economic systems characterized by webs of interdependence |
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Physical Description: | vii, 217 p ill |
ISBN: | 1848441053 9780857930828 9781848441057 |