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The Localized Generation of Technological Knowledge

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.

Suggested Citation

  • ., 2011. "The Localized Generation of Technological Knowledge," Chapters, in: The Dynamics of Knowledge Externalities, chapter 3, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:13292_3
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    Cited by:

    1. Addo, Atta A., 2016. "Explaining 'irrationalities' of IT-enabled change in a developing country bureaucracy: the case of Ghana's Tradenet," LSE Research Online Documents on Economics 69471, London School of Economics and Political Science, LSE Library.
    2. Abbaspour, M. & Satkin, M. & Mohammadi-Ivatloo, B. & Hoseinzadeh Lotfi, F. & Noorollahi, Y., 2013. "Optimal operation scheduling of wind power integrated with compressed air energy storage (CAES)," Renewable Energy, Elsevier, vol. 51(C), pages 53-59.
    3. Izak, Michal, 2013. "The foolishness of wisdom: Towards an inclusive approach to wisdom in organization," Scandinavian Journal of Management, Elsevier, vol. 29(1), pages 108-115.
    4. 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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