The Resource Knowledge Capital and the "New Economy" : Firm Size, Performance And Network Production, by Pontus Braunerhjelm, (electronic resource)

Knowledge Capital and the "New Economy" : Firm Size, Performance And Network Production, by Pontus Braunerhjelm, (electronic resource)

Label
Knowledge Capital and the "New Economy" : Firm Size, Performance And Network Production
Title
Knowledge Capital and the "New Economy"
Title remainder
Firm Size, Performance And Network Production
Statement of responsibility
by Pontus Braunerhjelm
Creator
Subject
Genre
Language
eng
Summary
According to its proponents, the `new economy' is associated with sustainable growth, increased demand for labor and zero inflation. On the micro-level, this bright avenue into the future is propelled by knowledge capital, flexibility and new ways of organizing production, such as clusters and networks. Progress in information technology, together with massive deregulation on the national and the international levels, have been credited with setting this development into motion. The concept of the `new economy' has been rapidly embraced by politicians, as it seems to offer a way out of the traditional trade-off between unemployment and wage inflation. However, empirical evidence regarding the microeconomic mechanisms of the `new economy' is scarce. Knowledge Capital and the `New Economy': Firm Size, Performance and Network Production intends to narrow this gap by empirically analyzing the composition of knowledge capital and how knowledge capital is distributed across firms of different size. Moreover, the impact of knowledge capital on firms' profitability and international competitiveness is also examined. Finally, we compare cluster dynamics and the institutional set-up in Europe and the U.S., with the purpose of identifying regulations that seem to hinder a conducive environment for expanding and dynamic European clusters. The results of this study emphasize the role of knowledge capital and flexibility. Thus, irrespective of how sustainable the `new economy' turns out to be, the policy implications in terms of providing institutions that facilitate knowledge-enhancing economic activities, flexible markets and transparent incentive structures are undeniable. Countries that fail in this respect may find themselves trailing in the international growth and welfare rankings
Member of
Cataloging source
AU@
http://library.link/vocab/creatorName
Braunerhjelm, Pontus
Dewey number
338.9
Index
no index present
LC call number
HD72-88
Literary form
non fiction
Nature of contents
dictionaries
Series statement
Economics of Science, Technology and Innovation,
Series volume
20
http://library.link/vocab/subjectName
  • Economics
  • Endogenous growth (Economics)
  • Industrial organization (Economic theory)
  • Economics
  • Endogenous growth (Economics)
  • Industrial organization (Economic theory)
Label
Knowledge Capital and the "New Economy" : Firm Size, Performance And Network Production, by Pontus Braunerhjelm, (electronic resource)
Link
http://dx.doi.org/10.1007/978-1-4615-4415-9
Instantiates
Publication
Antecedent source
file reproduced from original
Color
mixed
Dimensions
unknown
Extent
1 online resource (vii, 118 p.)
File format
unknown
Form of item
online
Isbn
9781461544159
Isbn Type
(electronic bk.)
Level of compression
uncompressed
Other control number
10.1007/978-1-4615-4415-9
Quality assurance targets
unknown
Reformatting quality
access
Sound
unknown sound
Specific material designation
remote
System control number
  • (OCoLC)851784063
  • (OCoLC)ocn851784063
Label
Knowledge Capital and the "New Economy" : Firm Size, Performance And Network Production, by Pontus Braunerhjelm, (electronic resource)
Link
http://dx.doi.org/10.1007/978-1-4615-4415-9
Publication
Antecedent source
file reproduced from original
Color
mixed
Dimensions
unknown
Extent
1 online resource (vii, 118 p.)
File format
unknown
Form of item
online
Isbn
9781461544159
Isbn Type
(electronic bk.)
Level of compression
uncompressed
Other control number
10.1007/978-1-4615-4415-9
Quality assurance targets
unknown
Reformatting quality
access
Sound
unknown sound
Specific material designation
remote
System control number
  • (OCoLC)851784063
  • (OCoLC)ocn851784063

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