Dynamics of New Industrial Knowledge Flows
Edited by Philip Cooke, Carla De Laurentis, Stewart MacNeill and Chris Collinge
Today, the world is in rather a turmoil. There is an overarching environmental crisis, the solution to which seems, for once, to be evident from the analysis and advice proferred by the leading global climate change experts and their research communities. However, the world’s political leaders could not agree a new protocol for the moderation of climate change emissions at their United Nations summit in Copenhagen in December 2009 because many of the most important were mentally locked-in to vertical thinking, primarily of their own national ‘silo’, rather than giving equivalence to the horizontal perspective that would have encompassed the world and its needs. A second global crisis simultaneously enveloping the world economy at the decade’s end was the global financial crisis. In the book, at various points, key things are said about what this crisis represents; it is a far deeper version of the telecoms or dot.com crisis at the beginning of the twenty-first century, that presaged the demise of many business leaders and, for a few, led to incarceration and even death. This recession shared the previous one’s neoliberal business and governmental dogma that the way to become unbelievably wealthy is by stoking up the stock valuation of companies. This dogma is argued in the book to be a function of yet another crisis, albeit in some ways a less dramatic one than that concerning global warming. This is the transition from an Industrial Age to a knowledge economy paradigm. In the former, valuation of publicly quoted firms...