proportion of knowledge workers in employment, depending on the response of the overall demand for knowledge to the implied … reduction in the cost of acquiring it. In my model, knowledge (in a broad sense) is an input into the production function of … knowledge input in the production of human capital. An improvement in IT is modelled as an increase in the number of people who …

knowledge. Three long-term outcomes emerge. First, a "Secularization" or "Western-European" regime with declining religiosity …, unimpeded science, a passive Church and high levels of taxes and transfers. Second, a "Theocratic" regime with knowledge …

mechanism, we develop a theory of an economy where firms with heterogeneous demands use labor and knowledge to produce …. Entrepreneurs decide the number of layers of management and the knowledge and span of control of each agent. As a result, in the …

consider a menu of procurement methods and policies for best procuring new knowledge and innovative products, discussing their …

of knowledge and technology in economic growth. …

opportunity by developing a knowledge spillover theory of entrepreneurship. The basic argument is that knowledge created … endogenously via R&D results in knowledge spillovers. Such spillovers give rise to opportunities to be identified and exploited by … entrepreneurs. Our results show that there is a strong relationship between knowledge spillovers and new venture creation. …

, emphasizes knowledge as an economic object and, more generally, the economics of intellectual property rights. This paper argues …

The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge … and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does … not explain how or why spillovers occur. The missing link is the mechanism converting knowledge into economically relevant …