Overview
Compares the Entrepreneurial and Corporate growth regime, and introduces a third Schumpeterian growth regime: the knowledge growth regime
Provides tools for analysing the growth models that are at the core of the knowledge economy
Distinguishes between knowledge generation and knowledge exploitation
Analyzes knowledge as an economic good
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Table of contents (7 chapters)
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Front Matter
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Back Matter
Keywords
- Knowledge economy
- Schumpeterian approach
- Schumpeter
- Economics of innovation
- Economic development
- Economic growth
- Income inequality
- Wealth inequality
- Light economy
- Kuznets approach
- Political economy of the knowledge economy
- Technology production function
- Knowledge externalities
- Open Technology
- Income distribution
- Economics of knowledge
- Schumpeterian growth regime
- Corporate growth regime
- Entrepreneurial growth regime
- Knowledge growth regime
About this book
‘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.
Authors and Affiliations
About the author
Bibliographic Information
Book Title: The Knowledge Growth Regime
Book Subtitle: A Schumpeterian Approach
Authors: Cristiano Antonelli
DOI: https://doi.org/10.1007/978-3-030-05508-0
Publisher: Palgrave Pivot Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerland AG 2019
Hardcover ISBN: 978-3-030-05507-3Published: 26 March 2019
eBook ISBN: 978-3-030-05508-0Published: 16 March 2019
Edition Number: 1
Number of Pages: IX, 197
Number of Illustrations: 5 b/w illustrations, 4 illustrations in colour
Topics: Economic Growth, R & D/Technology Policy, Political Economy/Economic Systems, Economic Policy, Macroeconomics/Monetary Economics//Financial Economics