The Economics of Knowledge Generation and Distribution
The Role of Interactions in the System Dynamics of Innovation and Growth
Contemporary capitalistic systems have been undergoing profound transformations determined by the transition towards the so-called knowledge based economy, i.e. a competitive system based on the capabilities firms have to create, use and circulate knowledge. These transformations concern both the characteristics of productive and innovative processes, and the resources used in these activities. This book captures these changes, where traditional R&D investments undertaken internally by firms are increasingly and strategically complemented by external sources of innovation and new knowledge.
Collaborations between firms, and between firms and other organizations, as well as the mobility of human capital, are strategic processes in order to share and circulate knowledge and competencies. They are also key determinants in the creation of new knowledge and innovation, and ultimately in growth dynamics. The circulation and distribution of knowledge is now a key input in the production of knowledge. Knowledge and innovation are understood as the result of collective and interactive processes at the system level, and less at the micro level. In other words, new knowledge production is less and less the result of individualistic behaviours of the firms and much more the effect of explicit and pro-active interactions and transactions put in place by local networks of innovators. In this perspective, economic space is much more defined by the quality of the interactions among actors rather than by their mere technological, sectoral or geographical proximity.
This book brings together new conceptual and empirical contributions and blends the analysis of the technological and geographical spaces in which innovation and knowledge are produced.
Table of Contents
Part I: Overview 1. The Spatial Dynamics of Knowledge, Innovation and Growth: An overview Pier Paolo Patrucco Part II: The Conceptual Framework 2. From Knowledge Spillovers to Knowledge Transactions and Interactions: Towards a systemic approach to the economics of knowledge Pier Paolo Patrucco Part III: Empirical Applications: Interactions and learning 3. How do industry inventors collaborate with academic researchers? The choice between shared and unilateral governance forms Isabel Maria Bodas Freitas, Aldo Geuna, Cornelia Lawson and Federica Rossi 4. Where Did They Go? A study on newly established universities and graduate mobility in Finland Toni Saarivirta and Davide Consoli 5. Is the Grass Greener On the Other Side of the Fence? Graduate mobility and job satisfaction in Italy Simona Iammarino and Elisabetta Marinelli 6. Interregional Cooperation in the Framework Programme: A gravity model Grazia Cecere and Nicoletta Corrocher Part IV: Empirical Applications: Productivity and growth 7. Globalization and Technological Congruence: An interpretative framework of the slow growth of the knowledge economy Cristiano Antonelli 8. The Co-Evolution of Knowledge and Economic Structure: Evidence from European regions Francesco Quatraro 9. Mapping Innovation Systems Through Patent Analysis: The case of energy efficiency in the residential sector Valeria Costantini, Francesco Crespi and Alessandro Palma Part V: Policy Implications and Conclusions 10. Evaluating the Impacts of R&D Subsidies: The effectiveness of a local intervention Marco Corsino, Roberto Gabriele and Anna Giunta 11. Regional Policies and Regional Knowledge Flows in a Dynamic Representation Ugo Fratesi 12. Concluding Remarks and Perspectives Pier Paolo Patrucco
Pier Paolo Patrucco is Assistant Professor of Economics at the University of Torino, Italy