IDEAS home Printed from https://ideas.repec.org/a/spr/joevec/v11y2001i1p77-93.html
   My bibliography  Save this article

special issue: Knowledge, consumption, and endogenous growth

Author

Listed:
  • Richard N. Langlois

    (Department of Economics, The University of Connecticut, U63, Storrs, CT 06269-1063, USA)

Abstract

In neoclassical theory, knowledge generates increasing returns - and therefore growth - because it is a public good that can be costlessly reused once created. In fact, however, much knowledge in the economy is actually tacit and not easily transmitted -and thus not an obvious source of increasing returns. Several writers have responded to this alarming circumstances by affirming hopefully that knowledge today is increasingly codified, general, and abstract - and increasingly less tacit. This paper disputes such a trend. But all is not lost: for knowledge does not have to be codified to be reused and therefore to generate economic growth.

Suggested Citation

  • Richard N. Langlois, 2001. "special issue: Knowledge, consumption, and endogenous growth," Journal of Evolutionary Economics, Springer, vol. 11(1), pages 77-93.
    • Handle: RePEc:spr:joevec:v:11:y:2001:i:1:p:77-93
    as

    Download full text from publisher

    File URL: http://link.springer.de/link/service/journals/00191/papers/1011001/10110077.pdf
    Download Restriction: Access to the full text of the articles in this series is restricted
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Samia Nour, 2013. "The Incidence and Transfer of Knowledge Within the Arab Societies," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 4(4), pages 406-422, December.
    2. Samia Nour, 2014. "The Importance (Impacts) of Knowledge at the Macro–Micro Levels in the Arab Gulf Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 5(3), pages 521-537, September.
    3. Consoli, Davide & Elche-Hortelano, Dioni, 2010. "Variety in the knowledge base of Knowledge Intensive Business Services," Research Policy, Elsevier, vol. 39(10), pages 1303-1310, December.
    4. Andreas Chai, 2017. "Tackling Keynes’ question: a look back on 15 years of Learning To Consume," Journal of Evolutionary Economics, Springer, vol. 27(2), pages 251-271, April.
    5. Christian Schubert & Andreas Chai, 2012. "Sustainable Consumption and Consumer Sovereignty," Papers on Economics and Evolution 2012-14, Philipps University Marburg, Department of Geography.
    6. Dewen Yao, 2013. "Understanding Industrial Innovation and Upgrade from Modularization’s Perspective," Journal of Knowledge Management, Economics and Information Technology, ScientificPapers.org, vol. 3(6), pages 1-11, December.
    7. Ulrich Witt & Tom Broekel & Thomas Brenner, 2012. "Knowledge and its Economic Characteristics: A Conceptual Clarification," Chapters, in: Richard Arena & Agnès Festré & Nathalie Lazaric (ed.), Handbook of Knowledge and Economics, chapter 16, Edward Elgar Publishing.
    8. Andreas Chai, 2018. "Household consumption patterns and the sectoral composition of growing economies: A review of the interlinkages," Discussion Papers in Economics economics:201802, Griffith University, Department of Accounting, Finance and Economics.
    9. Jussi Heikkilä & Timo Ali-Vehmas & Julius Rissanen, 2021. "The Link Between Standardization and Economic Growth: A Bibliometric Analysis," International Journal of Standardization Research (IJSR), IGI Global, vol. 19(1), pages 1-25, January.
    10. Nour, Samia, 2011. "The importance (impact) of knowledge at the macro-micro levels in Sudan," MERIT Working Papers 2011-034, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    11. Esa Karonen & Mikko Niemelä, 2022. "Necessity-Rich, Leisure-Poor: The Long-Term Relationship Between Income Cohorts and Consumption Through Age-Period-Cohort Analysis," Journal of Family and Economic Issues, Springer, vol. 43(3), pages 599-620, September.
    12. Samia Nour, 2015. "Overview of Knowledge Economy in the Arab Region," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 6(4), pages 870-904, December.
    13. Yugank Goyal & Klaus Heine, 2021. "Why do informal markets remain informal: the role of tacit knowledge in an Indian footwear cluster," Journal of Evolutionary Economics, Springer, vol. 31(2), pages 639-659, April.
    14. Nour, Samia Satti Osman Mohamed, 2013. "The importance and impacts of knowledge at the macro-micro levels in the Arab Gulf countries," MERIT Working Papers 2013-016, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    15. Thomas Doring & Jan Schnellenbach, 2006. "What do we know about geographical knowledge spillovers and regional growth?: A survey of the literature," Regional Studies, Taylor & Francis Journals, vol. 40(3), pages 375-395.
    16. Satti Osman Mohamed Nour, Samia, 2019. "Knowledge Economy and Economic Development in the Arab Region," MERIT Working Papers 2019-009, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    17. Xiong, Ailun & Xia, Senmao & Ye, Zhen Peter & Cao, Dongmei & Jing, Yanguo & Li, Hongyi, 2020. "Can innovation really bring economic growth? The role of social filter in China," Structural Change and Economic Dynamics, Elsevier, vol. 53(C), pages 50-61.
    18. Kenza Qaoumi & Pascal Masson & Benoit Weil & Aytunç Ün, 2018. "Testing evolutionary theory of household consumption behavior in the case of novelty - a product characteristics approach," Journal of Evolutionary Economics, Springer, vol. 28(2), pages 437-460, April.

    More about this item

    Keywords

    Tacit knowledge - Increasing returns - Growth theory - Knowledge reuse - Codification;

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:joevec:v:11:y:2001:i:1:p:77-93. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.