'This important new book provides a penetrating, novel analysis of the key role played by knowledge when viewed through the lens of Schumpeterian economics. It is loaded with important insights that highlight the primacy of knowledge and innovation to unleash economic growth.'
David B. Audretsch , Indiana University Bloomington, USA

This book combines the tools elaborated by the economics of knowledge and the legacy of Joseph Schumpeter to explore the emergence of the new knowledge economy and the shift away from the manufacturing industries.

Antonelli analyzes the characteristics of the innovation process as a creative response based upon the accumulation, generation and exploitation of knowledge. He highlights the new structure of advanced economies, where knowledge is at the same time the prime input and output. With special attention to the limits of the new knowledge growth regime, raised by the role of finance, income distribution and intellectual property rights, this Palgrave Pivot recommends appropriate economic policies based upon an Open Technology approach.

Compares the Entrepreneurial and Corporate growth regime, and introduces a third Schumpeterian growth regime: the knowledge growth regime Provides tools for analysing the growth models that are at the core of the knowledge economy Distinguishes between knowledge generation and knowledge exploitation Analyzes knowledge as an economic good

Autorentext
Cristiano Antonelli is Chair of Political Economy and Fellow of the Collegio Carlo Alberto at the University of Turin, Italy. He is Managing Editor of Economics of Innovation and New Technology and a member of many Editorial Boards across journals in information economics, communications and policy.

Inhalt

Chapter 1: Introduction.- Chapter 2: The Economics of Knowledge.- Chapter 3: The New Direction of Technological Change.- Chapter 4: The Dynamics of Knowledge Governance: Schumpeterian growth regimes.- Chapter 5: The Political Economy of the Knowledge Growth Regime.- Chapter 6: Towards a New Knowledge Policy.- Chapter 7: Conclusions.