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The importance of access to knowledge for technological progress in the Industrial Revolution

Author

Listed:
  • Erik Hornung

    (University of Cologne)

  • Julius Koschnick

    (London School of Economics)

  • Francesco Cinnirella

    (University of Bergamo)

Abstract

Sustained technological progress was at the heart of the Industrial Revolution. This column argues that access to knowledge was crucial for innovation and technological diffusion during this period. Inventors and entrepreneurs needed access to useful knowledge to generate new ideas and continue innovating. Such access was provided by the ‘economic societies’ – associations of individuals interested in improving the local economy. These societies became drivers of knowledge diffusion and innovation.

Suggested Citation

  • Erik Hornung & Julius Koschnick & Francesco Cinnirella, 2022. "The importance of access to knowledge for technological progress in the Industrial Revolution," ECONtribute Policy Brief Series 041, University of Bonn and University of Cologne, Germany.
  • Handle: RePEc:ajk:ajkpbs:041
    as

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    File URL: https://www.econtribute.de/RePEc/ajk/ajkpbs/ECONtribute_PB_041_2022.pdf
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    References listed on IDEAS

    as
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