This volume claims that useful economic knowledge is the most important foundation for the development of a sufficiently strong process of innovation. Within the framework of new institutional economics, the book looks at the institutional conditions required for the interactive sharing and dissemination of knowledge in the development of economies. It outlines in four distinct parts the complex societal process of human interaction by which knowledge is effectively generated and used. The book first considers knowledge sharing institutions, differentiating between types of interaction and types of actors. Secondly it examines the economic role of knowledge and cognition, asking how and why human actors gather knowledge. It goes on to revisit historical questions of knowledge and embeds them within the contemporary debate, before finally reflecting on the significant relationship between technology and knowledge sharing in the digital age.
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Editorial Reviews
About the Author
Edited by Ernst Helmstädter, Research Professor of Economics, Institute for Work and Technology, Science Centre of North-Rhine Westphalia, Germany
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