Recent advances in the economics of knowledge highlight the key role of pecuniary knowledge externalities in explaining the system dynamics of total factor productivity growth. When nonexhaustible technological knowledge is an input both in the production of new goods and of further knowledge,...

Technological change is far from neutral. The empirical analysis of the rate and direction of technological change in a significant sample of 10 OECD countries in the years 1971-2001 confirms the strong bias of new technologies. The introduction of new and biased technologies affects the actual...

University is becoming the beam of the new emerging mode of governance of the generation and dissemination of knowledge as it reveals remarkable institutional advantages both to provide a solution to the knowledge trade-off and to reduce agency costs. The typical academic labor relation emerges...

The economics of regulation has articulated the notions of essential facility and mandated interconnection Their application to the governance of technological knowledge can be fruitful es pecially when implemented by the adoption of the liability rule and the parallel reduction in the...

Information economics provides important tools to articulate an economics analysis of the governance mechanisms for the generation and exploitation of localized technological knowledge. A variety of hybrid forms of knowledge governance ranging from coordinated transactions and constructed...

The generation of new technological knowledge is the result of a variety of interactions: market transactions are only a subset of a much wider flow of knowledge interactions and technological communication. Specific governance mechanisms are necessary to make technological interactions and...