Knowledge and Economic Conduct

Knowledge and Economic Conduct
Author: Nico Stehr
Publisher: University of Toronto Press
Total Pages: 388
Release: 2002-01-01
Genre: Business & Economics
ISBN: 9780802078865

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Changing economic circumstances - namely, an end to the primacy of labour and property as determinants of prosperity - have created a need for a new theoretical platform: one that transcends standard economic discourse.

Knowledge and the Wealth of Nations: A Story of Economic Discovery

Knowledge and the Wealth of Nations: A Story of Economic Discovery
Author: David Warsh
Publisher: W. W. Norton & Company
Total Pages: 448
Release: 2007-05-17
Genre: Business & Economics
ISBN: 0393066363

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"What The Double Helix did for biology, David Warsh's Knowledge and the Wealth of Nations does for economics." —Boston Globe A stimulating and inviting tour of modern economics centered on the story of one of its most important breakthroughs. In 1980, the twenty-four-year-old graduate student Paul Romer tackled one of the oldest puzzles in economics. Eight years later he solved it. This book tells the story of what has come to be called the new growth theory: the paradox identified by Adam Smith more than two hundred years earlier, its disappearance and occasional resurfacing in the nineteenth century, the development of new technical tools in the twentieth century, and finally the student who could see further than his teachers. Fascinating in its own right, new growth theory helps to explain dominant first-mover firms like IBM or Microsoft, underscores the value of intellectual property, and provides essential advice to those concerned with the expansion of the economy. Like James Gleick's Chaos or Brian Greene's The Elegant Universe, this revealing book takes us to the frontlines of scientific research; not since Robert Heilbroner's classic work The Worldly Philosophers have we had as attractive a glimpse of the essential science of economics.

Economic Behaviour

Economic Behaviour
Author: Constantin Brătianu
Publisher: Cambridge Scholars Publishing
Total Pages: 265
Release: 2017-05-11
Genre: Business & Economics
ISBN: 1443891754

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The current economy is more complex and surprising than ever before: global and local factors combine to shape a very diverse framework, where organizations and management practices are challenged. This book presents a selection of studies that deal with economic behavior, both at the macro and micro level. It presents some well-defined aspects and builds on a new understanding of decision-making and economic development based on ethics and knowledge. It also emphasizes the human factor in shaping business and economic strategies as part of the international competition and interdependencies.

Moral Markets

Moral Markets
Author: Nico Stehr
Publisher: Routledge
Total Pages: 349
Release: 2015-12-03
Genre: Social Science
ISBN: 1317255925

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Nothing affects modern society more than the decisions made in the marketplace, especially (but not only) the judgments of consumers. Stehr's designation of a new stage in modern societies with the term "moral markets" signals a further development in the social evolution of markets. Market theories still widely in use today emerged in a society that no longer exists. Consumers were hardly in evidence at all in early theories of the market. Today, growing affluence, greater knowledge, and high-speed communication among consumers builds into the marketplace notions of fairness, solidarity, environment, health, and political considerations imbued with a long-term perspective that can disrupt short-term pursuits of the best buy. Importantly, such social goals, individual apprehensions, and modes of consumer conduct become inscribed today in products and services offered in the marketplace, as well as in the rules and regulations that govern market relations. Stehr uses examples to illustrate these trends and build new theory fitting today's changing consumerism.

Globalization and Economic Ethics

Globalization and Economic Ethics
Author: A. Barrera
Publisher: Palgrave Macmillan
Total Pages: 0
Release: 2010-02-09
Genre: Political Science
ISBN: 9780230623002

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What is the appropriate criterion to use for distributive justice? Is it efficiency, need, contribution, entitlement, equality, effort, or ability? This book maintains that far from being rival principles of distributive justice, efficiency and need satisfaction are, in fact, complementary norms in our emerging knowledge economy.

The Regional Economics of Knowledge and Talent

The Regional Economics of Knowledge and Talent
Author: Charlie Karlsson
Publisher: Edward Elgar Publishing
Total Pages: 401
Release: 2012-01-01
Genre: Business & Economics
ISBN: 1781953546

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'Charlie Karlsson, Börje Johansson and Roger R. Stough have collected a set of important articles on some of the most important factors determining the growth of contemporary regional economies. the focus of the book is on important growth determinants that are almost never mentioned in the standard analyses of economic growth. Entrepreneurship is discussed from theoretical as well as empirical points of view. the role of social capital as well as institutional governance are highlighted in chapters that ought to be read by all economists interested in the economic growth and development of regions.' – Åke E. Andersson, Jönköping International Business School, Jönköping, Sweden 'This is an exceptional work that is the result of an outstanding selection of the best papers on agglomeration and innovation given at the 10th anniversary of the Udevalla conference. It is the finest set of conference papers I have seen in the past 25 years. These are artfully woven together into three primary areas. the first focuses on the role of knowledge and innovation in entrepreneurship, the second incorporates the institutional environment, while the third looks at the international context. I recommend this collection to academics, students and all who are interested in the role of creativity and innovation in entrepreneurial development. Not only are these the very best researchers in the field, but the materials are presented in a clear and concise manner, making it an outstanding base for advanced courses in this area. This work combines some of the best writings by top-notch authors sharing the sharpest insight into the complex area of the role of human capital in structuring agglomerative advantages. I take my hat off to the fine editorial work represented in this volume.' – Kingsley E. Haynes, George Mason University, US 'The book provides a remarkable contribution on the role of human capital as major creator of knowledge, interpreted as abilities, capabilities, methods, creativity and persistency in identifying and solving problems by collecting, selecting, interpreting and applying existing knowledge and information. the laws of increasing returns to human capital – among which are urban agglomerations as magnets which attract persons who embody knowledge – are conceptually searched and empirically verified. the book answers questions such as: Why do highly educated people, i.e. the carriers of human capital, tend to concentrate in large agglomerations?; What are the agglomerative forces?; and How does this agglomeration of human capital impact different types of economic activities and in particular their location behaviour? Important normative implications are thus derived from such a collected effort.' – Roberta Capello, Politecnico di Milano, Italy 'The Regional Economics of Knowledge and Talent, edited by Charlie Karlsson, Börje Johansson and Roger R. Stough brings together a wide range of cutting-edge studies and research on the role of talent in regional development. It is an important addition to our understanding of how knowledge, human capital, and talent shape the development of cities and regions across the globe.' – Richard Florida, University of Toronto, Canada This original and instructive new book defines and explores the concept of knowledge as the talent, skills, know-how and understanding embodied in individuals. the distinguished contributors advance the current research frontier in three novel directions which focus on: the role of human capital and talent for creativity, entrepreneurship and regional development; the role of institutions for the behaviour of firms and entrepreneurs; and the influence of the global context on the location, export and innovation behaviour of firms in a knowledge economy. They also address critical questions that underpin the emerging knowledge economy: • Why does human capital and talent tend to agglomerate in large urban regions? • How does this agglomeration affect the location of different types of economic activities? • How does this agglomeration affect regional growth? Presenting the state of the art in the field of knowledge economics, this book will prove a stimulating and challenging read for scholars and researchers with an interest in economics, business and management, and regional and urban studies.

Understanding the Dynamics of a Knowledge Economy

Understanding the Dynamics of a Knowledge Economy
Author: Wilfred Dolfsma
Publisher: Edward Elgar Publishing
Total Pages: 296
Release: 2006
Genre: Business & Economics
ISBN:

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This text demonstrates that knowledge and information are a prime resource for driving the dynamics of an economy. However, in order to understand the knowledge economy, a diverse set of insights and approaches is required, which this text offers.

The Economics of Artificial Intelligence

The Economics of Artificial Intelligence
Author: Ajay Agrawal
Publisher: University of Chicago Press
Total Pages: 172
Release: 2024-03-05
Genre: Business & Economics
ISBN: 0226833127

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A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI. The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system.

Institutions for Pro-Growth Conduct in the Knowledge Economy

Institutions for Pro-Growth Conduct in the Knowledge Economy
Author: Jan B. M. Goossenaerts
Publisher:
Total Pages: 22
Release: 2010
Genre:
ISBN:

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The private sector is an important engine of growth and innovation. Yet, a private sector without an accordingly performing and developed public sector would it develop? In a thought experiment, let us imagine a market place where all land and water-surface is privately owned, and where the right of way for consumers and producers of goods and services must be negotiated with landowners. With all private individuals seeking maximal utility and minimal risk, decision problems and transaction costs would prohibit the emergence of an economic system beyond barter trade among neighbours producing goods within enclosed resource endowments. Under the conditions in the thought-experiment, mankind's discovery journey (Boorstin, 1983) would have been precluded, and so would have the agricultural, industrial and knowledge revolutions. History has taken a different course. Commons regimes have been gradually complemented with private property regimes, and subjects and those in power alike have been gradually disciplined by fit institutions. And indeed, those institutions have had a considerable impact on economic performance (North, 1990). Ill-designed institutions may lock-in an economy, and public sector enacted barriers are rightly feared by reformers. Yet, also private sector principals may derive rents from positions that act as barriers to others, as recognized by the Essential Facilities Doctrine. Looking at the knowledge economy and the technology and content uses that differentiate it from the industrial economy, it is not evident what exactly are the essential facilities that help or prevent principals exploiting the interdependencies among the division of labor, competence and market size. This essay questions the fitness of industrial-age institutions for the globalising and knowledge-intensifying economy. Particularly in the software and content sectors it identifies abuses of essential facilities and proposes enabling environment reforms to curb these abuses so as to spur learning and private sector development. For some institutional choice options, a pro-growth cause-effect chain is projected.

The Role of Scientific and Technical Data and Information in the Public Domain

The Role of Scientific and Technical Data and Information in the Public Domain
Author: National Research Council
Publisher: National Academies Press
Total Pages: 238
Release: 2003-08-29
Genre: Science
ISBN: 0309167086

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This symposium brought together leading experts and managers from the public and private sectors who are involved in the creation, dissemination, and use of scientific and technical data and information (STI) to: (1) describe and discuss the role and the benefits and costsâ€"both economic and otherâ€"of the public domain in STI in the research and education context, (2) to identify and analyze the legal, economic, and technological pressures on the public domain in STI in research and education, (3) describe and discuss existing and proposed approaches to preserving the public domain in STI in the United States, and (4) identify issues that may require further analysis.