Intellectual property (IP) can internalize positive externalities associated with the creation
and discovery of ideas, thereby increasing investment in efforts to create and discover ideas …

The 'systems of innovation'approach has emerged during the last decade as a way of
studying of innovation processes as an endogenous part of the economy. The approach is …

Information economics provides important tools to articulate an economics analysis of the
governance mechanisms for the generation and exploitation of localized technological …

A great deal of policy thinking in the last ten to 15 years has been driven by the insights
gained from the so‐called “new growth theory”. The theory emphasizes that investments in …

In recent years, learning and knowledge in industry have gained increasing attention among
scholars and policy-makers in view of the fact that knowledge-intensive industries are now …

2. The Basic Logic of Intellectual Property and Alternatives 2.1. Benefits and drawbacks of
financing mechanisms 2.2. Direct financing–decentralised system 2.3. Patent prize financing …

This article reviews the role of knowledge in economic development and the actors through
which it is created and transferred. Unpacking the often oversimplified dichotomy between …

An increasing economic literature suggests that the ability to create, distribute and exploit
knowledge is central to competitive advantage, wealth creation and better standards of …

Currently, the formation and the protection of a knowledge base is of major importance to
firms. In this paper, we explain the formation of the firm's' knowledge capital'. We develop the …