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Globalization: The Product of a Knowledge-Based Economy

Author

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  • Lester C. Thurow

    (MIT's Sloan School of Management)

Abstract

The shift to an era of man-made brain-power industries is creating the technologies that are creating a global economy. Leaving behind the role of regulator or the function of controlling their national economies, governments are becoming platform builders that invest in infrastructure, education, and research and development to allow their citizens to have the opportunity to earn world-class standards of living. Countries themselves are being put into play, and inequality is rising. The rest of the world sees an invasion of the American system, but in reality, it is a brand-new global system. Intellectual property rights become a central and contentious unresolved issue.

Suggested Citation

  • Lester C. Thurow, 2000. "Globalization: The Product of a Knowledge-Based Economy," The ANNALS of the American Academy of Political and Social Science, , vol. 570(1), pages 19-31, July.
    • Handle: RePEc:sae:anname:v:570:y:2000:i:1:p:19-31
    DOI: 10.1177/000271620057000102
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    Cited by:

    1. Abdul Rahman & Muhammad Arshad Khan, 2024. "The Relationship Between Financial Development and Economic Growth: New Insights Using Quadruple and Quintuple Helix Innovation Framework and Way Forward," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(2), pages 5939-5964, June.
    2. Saeid Alaei & Seyed Hossein Razavi Hajiagha & Hannan Amoozad Mahdiraji & Jose Arturo Garza-Reyes, 2023. "Unveiling the role of sustainable supply chain drivers toward knowledge-based economy via a novel permutation approach: implications from an emerging economy," Operations Management Research, Springer, vol. 16(3), pages 1231-1250, September.

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