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Innovation and Competence Building in the Learning Economy: Implications for Innovation Policy

Author

Listed:
  • Edward Lorenz

    (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique)

  • B.-A. Lundvall

    (AAU - Aalborg University [Denmark])

Abstract

The idea that knowledge matters for the economy is far from new. Adam Smith (1776) refers to the division of labor among specialized ‘men of speculation’ as an important source of innovation. Friedrich List (1841) argues that the most important form of capital is ‘mental capital’. Karl Marx (1868) pointed to science as an important productive force. In the twentieth century the British scholar Bernal (1936) proposed that raising investments in R&D from 0.2 to 2% in Great Britain would stimulate the economy and bring a new kind of economic growth, and a similar message was formulated in The Endless Frontier by Vannevar Bush (1945), which laid the foundation of post-war science policy in the United States.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Edward Lorenz & B.-A. Lundvall, 2012. "Innovation and Competence Building in the Learning Economy: Implications for Innovation Policy," Post-Print halshs-00726842, HAL.
  • Handle: RePEc:hal:journl:halshs-00726842
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    Cited by:

    1. Armanda Cetrulo & Dario Guarascio & Maria Enrica Virgillito, 2020. "Anatomy of the Italian occupational structure: concentrated power and distributed knowledge," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 29(6), pages 1345-1379.
    2. Sawsan Abutabenjeh & Julius A. Nukpezah & Annus Azhar, 2022. "Do Smart Cities Technologies Contribute to Local Economic Development?," Economic Development Quarterly, , vol. 36(1), pages 3-16, February.
    3. Tobias Schultheiss & Uschi Backes-Gellner, 2024. "Does updating education curricula accelerate technology adoption in the workplace? Evidence from dual vocational education and training curricula in Switzerland," The Journal of Technology Transfer, Springer, vol. 49(1), pages 191-235, February.

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