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Is There a Sustainable Learning Economy Regime?

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  • Cotsomitis, John A.

Abstract

In this paper we deal with the concept of the learning economy and its suitability to describe the modern globalizing economy. We contend that in contrast to the many fleeting catchwords and phrases found in economics and public policy, the notion of the learning economy represents a superior conceptual starting point, which reflects a new and emerging economic regime. Even though it is still circumscribed to a small minority of developed countries, the learning economy offers a concrete example for the more numerous ‘have nots’ of the world to emulate.

Suggested Citation

  • Cotsomitis, John A., 2014. "Is There a Sustainable Learning Economy Regime?," MPRA Paper 56346, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:56346
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    References listed on IDEAS

    as
    1. Bikhchandani, Sushil & Hirshleifer, David & Welch, Ivo, 1992. "A Theory of Fads, Fashion, Custom, and Cultural Change in Informational Cascades," Journal of Political Economy, University of Chicago Press, vol. 100(5), pages 992-1026, October.
    2. Bengt-Åke Lundvall, 1996. "The Social Dimension of the Learning Economy," DRUID Working Papers 96-1, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
    3. Fu, Wenying & Revilla Diez, Javier & Schiller, Daniel, 2013. "Interactive learning, informal networks and innovation: Evidence from electronics firm survey in the Pearl River Delta, China," Research Policy, Elsevier, vol. 42(3), pages 635-646.
    4. Dirk Fornahl & Thomas Brenner (ed.), 2003. "Cooperation, Networks and Institutions in Regional Innovation Systems," Books, Edward Elgar Publishing, number 2713.
    5. Richard Nelson & Davide Consoli, 2010. "An evolutionary theory of household consumption behavior," Journal of Evolutionary Economics, Springer, vol. 20(5), pages 665-687, October.
    6. Ulrich Witt, 2001. "special issue: Learning to consume - A theory of wants and the growth of demand," Journal of Evolutionary Economics, Springer, vol. 11(1), pages 23-36.
    7. Torrisi, Gianpiero, 2007. "European Social Models between Globalisation and Europeanisation," MPRA Paper 12767, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    catchwords; fads and fashions; learning economy; interactive learning; utopia;
    All these keywords.

    JEL classification:

    • P47 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Performance and Prospects
    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems

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