The Capitalization of Knowledge

The Capitalization of Knowledge

A Triple Helix of University–Industry–Government

Edited by Riccardo Viale and Henry Etzkowitz

This ground-breaking new volume evaluates the capacity of the triple helix model to represent the recent evolution of local and national systems of innovation. It analyses both the success of the triple helix as a descriptive and empirical model within internationally competitive technology regions as well as its potential as a prescriptive hypothesis for regional or national systems that wish to expand their innovation processes and industrial development. In addition, it examines the legal, economic, administrative, political and cognitive dimensions employed to configure and study, in practical terms, the series of phenomena contained in the triple helix category.

Chapter 12: Knowledge Networks: Integration Mechanisms and Performance Assessment

Matilde Luna and José Luis Velasco

Subjects: business and management, entrepreneurship, knowledge management, economics and finance, economics of innovation, innovation and technology, economics of innovation, knowledge management


Matilde Luna and José Luis Velasco Triple-helix relations involve communication among systems that have distinctive codes and languages. Therefore they should be conceptualized as complex systems, or as systems of network-structured social relations. Because of their complexity, triple-helix relations are hard to analyse and evaluate. Strictly speaking, they are not economic, political or scientific organizations, and therefore conventional criteria and standards for assessing performance cannot be taken for granted. This chapter addresses a set of theoretical and methodological issues related to the functioning and performance of organizations involved in triple-helix relations. More specifically, we look at four integration mechanisms and their impact on several criteria of performance. We consider two types of network performance: functional and organizational, respectively related to the practical results of collaboration and the conditions for the production of such results. We shall focus on academy–industry relations or knowledge networks conceived as complex problem-solving structures devoted to the generation and diffusion of knowledge through the establishment of collaborative links between academy and industry. We begin by drawing some theoretical insights from the literature on network complexity. We then identify four mechanisms for integrating actors with different and sometimes diverging codes, interests, needs, preferences, resources and abilities: mutual trust, translation, negotiation and deliberation. Next, we focus on trust and translation, respectively related to problems of internal social cohesion and communication. Next we turn to negotiation and deliberation, both related to decision-making. Finally, we try to establish to what extent, in what sense, and under what conditions knowledge...

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information