Technological dualism often is found to be associated with the geographical clustering of firms that use the same techniques. To shed further light on these localization phenomena, we analyze the long-run dynamic behavior of a system in which firms' choices among alternative production methods...

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The economics of knowledge is a rapidly emerging subdiscipline of economics that has never before been given the comprehensive and cohesive treatment found in this book. Dominique Foray analyzes the deep conceptual and structural transformation of our economic activities that has led to a...

The revolution in information technology transforms not only information and its uses but, more important, knowledge and the ways we generate and manage it. Knowledge is now seen as input, output, and capital, even if imperfectly accounted for or understood. Many businesses and public agencies...

Purpose – The purpose of this paper is to focus on the distinction between smart specialisation and smart specialisation policy and it studies under what conditions a smart specialisation policy is necessary. Design/methodology/approach – A conceptual framework is built based on historical...

Intro -- Contents -- Preface -- 1 - Prospects for Knowledge Policy -- 2 - Optimizing the Use of Knowledge -- 3 - OECD Work on Knowledge and the Knowledge Economy -- 4 - Measuring Knowledge and Its Economic Effects: The Role of Official Statistics -- 5 - Assessing Innovation Capacity: Fitting...

1. The origin -- 2. From smart specialisation to smart specialisation policy -- 3. Designing a smart specialisation strategy -- 4. Goal variations according to regional development -- 5. Towards practical implementation.