Understanding the Dynamics of a Knowledge Economy

Understanding the Dynamics of a Knowledge Economy

Studies in Evolutionary Political Economy series

Edited by Wilfred Dolfsma and Luc Soete

The ‘knowledge economy’ is a concept commonly deemed too ambiguous and elusive to hold any significance in current economic debate. This valuable book seeks to refute that myth. Presenting an important collection of views, from a number of leading scholars, this innovative volume visibly demonstrates that knowledge and information are a prime resource in driving the dynamics of an economy.

Chapter 4: New Firms Evolving in the Knowledge Economy: Problems and Solutions Around Turning Points

Erik Stam and Elizabeth Garnsey

Subjects: economics and finance, economics of innovation, evolutionary economics, innovation and technology, economics of innovation, innovation policy

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