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Innovazione ed economia basata sulla conoscenza
[Innovation and knowledge-based economy]

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  • Schilirò, Daniele

Abstract

This paper addresses the theme of innovation since innovation is key for the long-term growth. It also examines the question relating to the affirmation of a knowledge-based economy model, especially among the most advanced countries. Regarding innovation, the starting point of the analysis is Schumpeter, his theory of innovation, the role of the entrepreneur-innovator and that of large corporations in developing and implementing innovations. Through the 2015 Global Innovation Index data, the relationship between innovation and policies aimed at fostering innovative activity is also discussed. Furthermore, post-industrial economy and knowledge-based economy are addressed in this work. The latter is an economy characterized by research activity, innovation and learning, but also by a growing productive specialization. The knowledge economy index (KEI) developed by the World Bank Institute is also discussed regarding the assessment of the knowledge economy.

Suggested Citation

  • Schilirò, Daniele, 2016. "Innovazione ed economia basata sulla conoscenza [Innovation and knowledge-based economy]," MPRA Paper 111274, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:111274
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    File URL: https://mpra.ub.uni-muenchen.de/111274/1/MPRA_paper_111274.pdf
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    References listed on IDEAS

    as
    1. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
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    More about this item

    Keywords

    Innovation; innovation policies; knowledge economy; post-industrial economy;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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