Chapter

The Production of Technological Knowledge: New Issues in a Learning Economy

Patrick Cohendet and Pierre‐Benoît Joly

in The Globalizing Learning Economy

Published in print October 2002 | ISBN: 9780199258178
Published online November 2003 | e-ISBN: 9780191595868 | DOI: http://dx.doi.org/10.1093/0199258171.003.0004
 The Production of Technological Knowledge: New Issues in a Learning Economy

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Investigates the new ways of producing technological knowledge that are now operating in society. Beyond understanding the mechanisms at stake in transformation, major conclusions can be drawn for the science and technology policy, particularly for the organization, and incentives within the public research domain. From this perspective, in the first part of the chapter, the main features of the traditional vision of knowledge production are briefly recalled; these are based on the distinction between science and technology on the one hand, and public and private research on the other. The second part is devoted to an analysis of the new mode of production of knowledge, which involves (1) increased ways of codifying knowledge that increase the level of externalities, (2) changes in the role and behaviour of private (industrial) and public research, and (3) a reconsideration of incentive mechanisms towards coordination. The last part deduces the consequences of the change of paradigm on public policy.

Keywords: codification; coordination; economic policy; externalities; incentives; knowledge; private research; public research; research; science; technology

Chapter.  9377 words. 

Subjects: Economic Development and Growth

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