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In this paper it is shown that the intense focus on the new economy reflected real change as well as ‘hype’. The basic reason why new economy-growth could not be seen as sustainable is that introducing advanced technologies can only take place successfully when it is accompanied by...
Persistent link: https://www.econbiz.de/10005273139
Observers around the world are impressed by the rapid growth of China’s economy. While outside observers tend to focus on the success story of unprecedented growth policy documents and recent domestic debates in China have pointed to the need for a shift in the growth trajectory with stronger...
Persistent link: https://www.econbiz.de/10005273145
This paper is a slightly revised version of Bengt-Åke Lundvall's Inaugural Lecture, the 10th of November at Department for Business Studies, Aalborg University. The general message is that the growing frequency of so-called paradoxes in economic theory and of unsolved socioeconomic problems...
Persistent link: https://www.econbiz.de/10005273149
The term national system of innovation has been around for more than 20 years and today it has become widely spread among policy makers as well as among scholars all over the world. This paper takes stock and looks ahead from a somewhat personal point of view. It also gives some insight into how...
Persistent link: https://www.econbiz.de/10005279154
Innovation may be seen as a process of knowledge creation and the speed and direction of knowledge creation reflects the organizational set-up of the firm as well as its investments in R&D and training. Establishing ‘a learning organization’ where horizontal interaction and communication...
Persistent link: https://www.econbiz.de/10005260605
This paper draws upon a questionnaire survey, conducted 1996 in 1900 Danish Firms, on technical and organisational change. The topics in the survey were among others if firms been through significant organizational change, how the firm had developed its human resources, and what were the motives...
Persistent link: https://www.econbiz.de/10005169041
This paper starts with a critical assessment of the recent paper by Cowan, Foray and David. It also provides the authors' own assessment of why the tacit-codified distinction is important in relation to economic analysis and knowledge management practice. The criticism of Cowan, Foray and David...
Persistent link: https://www.econbiz.de/10005747008
It is increasingly realized that knowledge is the most important resource and that learning is the most important process in the economy. Sometimes this is expressed by coining the current era as characterised by a ‘knowledge based economy’. But this concept might be misleading by indicating...
Persistent link: https://www.econbiz.de/10005627312
It is widely recognised that while expenditures on research and development are important inputs to successful innovation, these are not the only inputs. Further, rather than viewing innovation as a linear process, recent work on innovation in business and economics literatures characterises it...
Persistent link: https://www.econbiz.de/10005627363
In all parts of the world, universities are exposed to a growing pressure to change. This is caused by the emergence of new relationship between the economic dynamics and the production of knowledge as well as by policy and administrative initiatives finding their rationale in interpretations of...
Persistent link: https://www.econbiz.de/10005627374