existing knowledge is supplemented by the idea that markets are also most effectively creating new knowledge. However, in his … assessment Hayek neglects the role of new technological knowledge. He ignores that the discovery procedure induces not only price …

This paper discusses several features of knowledge that are often considered crucial for characterizing the economic … significance of knowledge: whether it is overtly accessible or tacit, whether it can be or is encoded or not, and whether it has … public or private good character. It is argued that all these features depend similarly on the state of the knowledge …

To produce an effect, knowledge needs to be first acquired and expressed by a human agent. This trivial fact is a … constraint on knowledge commercialization. The highly systemic nature of the decentralized production of knowledge is another …, focusing particularly on the often-neglected entrepreneurial aspects of the transfer of knowledge. It shows how the constraints …

The work presents the main evolutions towards the New Economy based on knowledge by passing from the Industrial Era to … and the potentiating of a new economic factor, that is the knowledge, and the companies’ leaderships have been obliged to … knowledge, which, according to the New School from Cambridge, are classified as follows: the principle of the human existence in …

The work consists in explaining the microeconomic perspective (the approach) of the economy based on knowledge; and …; determining the knowledge and the information as resources, is at the basis of this reality called economy based on knowledge. The … indistinguishable passing from an economy based on material resources to an economy based on knowledge had and will have a series of …

knowledge); issues of organizational capital( those related to knowledge management). Therefore, organizational context, several … questions arise: What knowledge do we have? What knowledge do we need now and in the future? How can we create an environment … knowledge to be captured stored and used judiciously? This paper focuses on human capital theory, but there will also be raised …