Handbook on the Knowledge Economy, Volume Two

Handbook on the Knowledge Economy, Volume Two

Elgar original reference

Edited by David Rooney, Greg Hearn and Tim Kastelle

Readers with interests in managing knowledge- and innovation-intensive businesses and those who are seeking new insights about how knowledge economies work will find this book an invaluable reference tool. Chapters deal with issues such as open innovation, wellbeing, and digital work that managers and policymakers are increasingly asked to respond to. Contributors to the Handbook are globally recognised experts in their fields providing valuable guidance.

Chapter 1: Knowledge is People Doing Things, Knowledge Economies are People Doing Things with Better Outcomes for More People

David Rooney, Greg Hearn and Tim Kastelle

Subjects: business and management, knowledge management, organisational innovation, public management, innovation and technology, innovation policy, knowledge management, organisational innovation, politics and public policy, public administration and management, public policy


David Rooney, Greg Hearn and Tim Kastelle Activities directed at harnessing knowledge for economic and social development have grown since the original edition of the Handbook on the Knowledge Economy (Rooney et al., 2005) was published. Politicians, the world’s news media and key people in the Blogosphere now use the terms knowledge economy and knowledge-based economy as part of their normal chatter. More governments are now investing greater amounts of money and time in creating policies to address their knowledge economy goals. The World Bank, the European Union, national governments across the Middle East, Africa, Asia (South Korea, China and India in particular), Australia and the Pacific, Europe and many provincial and local governments are now engaged in knowledge economy policy development. If knowledge economies are about better outcomes for more people, this growth of activity is welcome. Much of what people say in the name of knowledge economies, though, remains short on reality and long on hyperbole and because of this it is questionable if widespread benefits will result. Happily, much of the hyperbole about knowledge and knowledge economies that surrounded debates five years ago is now counterbalanced by useful critiques, research and learning from experience. Getting to grips with what knowledge is and how it can work better for communities, businesses and individuals is important, but knowledge is not going to give communities, businesses or individuals a magic carpet ride to riches and joy. Any rewards from knowledge policy will result from informed and careful policy analysis and...

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