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The General Framework

In: The Dynamics of Knowledge Externalities

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Abstract

This book elaborates a new dependent and localized growth theory based upon knowledge externalities by making two important contributions. Firstly, it elaborates the hypothesis that total factor productivity growth stems from pecuniary knowledge externalities that consist in the access to localized external knowledge, at costs that are below equilibrium levels. Secondly, it implements the economic analysis of complex dynamic systems with a novel approach to understanding the role of knowledge interactions and knowledge governance mechanisms in the generation of new technological knowledge within economic systems characterized by webs of interdependence.

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  • ., 2011. "The General Framework," Chapters, in: The Dynamics of Knowledge Externalities, chapter 2, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:13292_2
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    File URL: https://www.elgaronline.com/view/9781848441057.00007.xml
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    Cited by:

    1. Urmee, Tania & Harries, David, 2011. "Determinants of the success and sustainability of Bangladesh’s SHS program," Renewable Energy, Elsevier, vol. 36(11), pages 2822-2830.
    2. Katharine Weston, 2012. "Debating conditionality for disability benefits recipients and welfare reform: Research evidence from Pathways to Work," Local Economy, London South Bank University, vol. 27(5-6), pages 514-528, August.
    3. Collins, Alan R. & Hansen, Evan & Hendryx, Michael, 2012. "Wind versus coal: Comparing the local economic impacts of energy resource development in Appalachia," Energy Policy, Elsevier, vol. 50(C), pages 551-561.

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