Buy it now
Buying options
Tax calculation will be finalised at checkout
Other ways to access
This is a preview of subscription content, log in via an institution to check for access.
Table of contents (7 chapters)
-
Front Matter
-
Back Matter
About this book
The concept of the `new economy' has been rapidly embraced by politicians, as it seems to offer a way out of the traditional trade-off between unemployment and wage inflation. However, empirical evidence regarding the microeconomic mechanisms of the `new economy' is scarce. Knowledge Capital and the `New Economy': Firm Size, Performance and Network Production intends to narrow this gap by empirically analyzing the composition of knowledge capital and how knowledge capital is distributed across firms of different size. Moreover, the impact of knowledge capital on firms' profitability and international competitiveness is also examined. Finally, we compare cluster dynamics and the institutional set-up in Europe and the U.S., with the purpose of identifying regulations that seem to hinder a conducive environment for expanding and dynamic European clusters.
The results of this study emphasize the role of knowledge capital and flexibility. Thus, irrespective of how sustainable the `new economy' turns out to be, the policy implications in terms of providing institutions that facilitate knowledge-enhancing economic activities, flexible markets and transparent incentive structures are undeniable. Countries that fail in this respect may find themselves trailing in the international growth and welfare rankings.
Authors and Affiliations
-
The Research Institute of Industrial Economics (IUI), Stockholm, Sweden
Pontus Braunerhjelm
Bibliographic Information
Book Title: Knowledge Capital and the “New Economy”
Book Subtitle: Firm Size, Performance And Network Production
Authors: Pontus Braunerhjelm
Series Title: Economics of Science, Technology and Innovation
DOI: https://doi.org/10.1007/978-1-4615-4415-9
Publisher: Springer New York, NY
-
eBook Packages: Springer Book Archive
Copyright Information: Springer Science+Business Media New York 2000
Hardcover ISBN: 978-0-7923-7801-3Published: 31 May 2000
Softcover ISBN: 978-1-4613-6987-5Published: 12 October 2012
eBook ISBN: 978-1-4615-4415-9Published: 06 December 2012
Series ISSN: 1381-0480
Edition Number: 1
Number of Pages: VII, 118
Topics: Economic Growth, Industrial Organization