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Knowledge and the Economy
by Johannes Glückler Martina El Meskioui Peter MeusburgerThe broad spectrum of topics surrounding what is termed the 'knowledge economy' has attracted increasing attention from the scientific community in recent years. The nature of knowledge-intensive industries, the spatiality of knowledge, the role of proximity and distance in generating functional knowledge, the transfer of knowledge via networks, and the complex interplay between knowledge, location and economic development are all live academic issues. This book, the fifth volume in Springer's Knowledge and Space series, focuses on the last of these: the multiple relationships between knowledge, the economy, and space. It reflects the conceptual and methodological multidisciplinarity emerging from this scholarship, yet where there has up to now been a notable lack of communication between some of the contributing disciplines, resulting in lexical and other confusions, this volume brings concord and to foster interdisciplinarity. These complications have been especially evident in our understanding of the spatiality of knowledge, the part that spatial contexts play in knowledge creation and diffusion, and the relevance of face-to-face contacts, all of which are addressed in these pages. The material here is grouped into four sections--knowledge creation and economy, knowledge and economic development, knowledge and networks, and knowledge and clusters. It assembles new concepts and original empirical research from geography, economics, sociology, international business relations, and management. The book addresses a varied audience interested in the historical and spatial foundations of the knowledge economy and is intended to bridge some of the gaps between the differing approaches to research on knowledge, the economy, and space.
Knowledge and the Family Business
by Maria Rosaria Della Peruta Manlio Del Giudice Elias G. CarayannisFamily businesses--the predominant form of business organization around the world--can make numerous, critical contributions to the economy and family well-being in both financial and qualitative terms. But dysfunctional family businesses can be difficult to manage, painful experiences at best, and they can destroy family wealth and personal relationships. This book explores the dynamics of family business management, in the context of constantly changing market conditions and the role that knowledge management plays in strategic planning and adaptation. Integrating the literature from family business, entrepreneurship, industrial psychology, and knowledge management, and with illustrative examples from a variety of enterprises, the authors address such topics as: *How family businesses can compete in the new knowledge economy *How to manage a family business when knowledge is its main asset *How to transfer knowledge (and how to keep it alive) through family generations Within this framework, the authors argue that effective resource management--especially intangible resources--is central to enabling a family-run organization to maintain a sustainable competitive advantage over time. They note that families often develop systemic, intuitive, or tacit knowledge that transcends rational decision making and needs to be recognized and nurtured as a distinctive asset. The authors demonstrate that trans-generational value is achieved when the family firm innovates and adapts itself to changing external and internal conditions. This kind of entrepreneurial performance requires dynamic capabilities and processes designed to acquire, exchange, combine and even shed knowledge and practices; and, in turn, dynamic capabilities result from mechanisms of knowledge sharing, collective learning, experience accumulation, and transfer.
Knowledge and the Wealth of Nations: A Story Of Economic Discovery
by David Warsh"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.
Knowledge as a Driver of Regional Growth in the Russian Federation
by Jens Kai PerretThe Russian Federation has a history of more than twenty years of transformation to a market economy, but as well to a knowledge society, to look back on. This study takes a look at the knowledge generation, knowledge transmission and knowledge use inside the Federation since the early 1990s. Furthermore, in light of the high dependence of the Russian economy on the oil and gas sectors this study analyzes the impact knowledge related factors have on regional income generation following thereby in the direction of Schumpeterian growth theory. The study combines descriptive with empirical analyses to paint a picture as detailed as possible of the Russian knowledge society and its innovative potential.
Knowledge Automation
by Alan N. Fish James TaylorA proven decision management methodology for increased profits and lowered risksKnowledge Automation: How to Implement Decision Management in Business Processes describes a simple but comprehensive methodology for decision management projects, which use business rules and predictive analytics to optimize and automate small, high-volume business decisions. It includes Decision Requirements Analysis (DRA), a new method for taking the crucial first step in any IT project to implement decision management: defining a set of business decisions and identifying all the information--business knowledge and data--required to make those decisions.Describes all the stages in automating business processes, from business process modeling down to the implementation of decision servicesAddresses how to use business rules and predictive analytics to optimize and automate small, high-volume business decisionsProposes a simple "top-down" method for defining decision requirements and representing them in a single diagramShows how clear requirements can allow decision management projects to be run with reduced risk and increased profitNontechnical and accessible, Knowledge Automation reveals how DRA is destined to become a standard technique in the business analysis and project management toolbox.
Knowledge-Based Dynamic Capabilities: The Road Ahead in Gaining Organizational Competitiveness (Innovation, Technology, and Knowledge Management)
by Vaneet KaurThis book provides a knowledge-based view to the dynamic capabilities in an organization. The author integrates two existing views on gaining competitive advantage: the Knowledge View which suggests that the capability of organizations to learn faster than competitors is the only source of competitiveness; and the Dynamic Capability View which speculates that a firm’s competitive advantage rests on dynamic capabilities which enable a firm to constantly renew the stock of ordinary organizational capabilities in accordance with the changes in the business environment. Using the IT sector in India as a case study, this book provides and tests a new framework--Knowledge-Based Dynamic Capabilities—in the prediction of competitive advantage in organizations.
Knowledge-Based Growth in Natural Resource Intensive Economies: Mining, Knowledge Development and Innovation in Norway 1860–1940 (Palgrave Studies in Economic History)
by Kristin RanestadThis book rejects the idea that natural resource industries are doomed to slow growth. Rather, it examines the case of Norway to demonstrate that such industries can prove highly innovative and dynamic.Here, the case is compellingly made that a key empirical problem with the popular ‘resource curse’ argument is that some of the richest countries in the world – namely Norway, Sweden, Canada and Australia – have all developed fast-growing economies based on natural resources. Analysis of innovation and knowledge development in natural resource industries reveal important new insights about the role of learning and innovation. These insights are key to understanding variances in growth levels between natural resource-based economies. Ranestad illustrates how Norway’s high economic performance is built on knowledge-based natural resource industries. While Norwegian industries may have originated because of foreign technology and expertise, they thrived due to further developments carried out by organisations within Norway. Ranestad looks at how these developments were possible due to the country’s high level of human capital, capacity for knowledge absorption and ability to adapt to new global technological and economic circumstances.
Knowledge-Based Services, Internationalization and Regional Development (The Dynamics of Economic Space)
by Peter DanielsThe acquisition and management of information is central to the operation and marketing of many service-providing firms and other organizations. Their varied knowledge requirements influence approaches to organizational structure, relationships to other organizations, the location of operations, and entry into new markets. In this book, an international and interdisciplinary team of leading scholars examines the attributes of knowledge acquisition and diffusion within and across service-providing organizations. Using a variety of case examples, they pay particular attention to the processes of internationalization and the ways in which service-providing organizations affect regional economic development.
Knowledge-Based Social Entrepreneurship: Understanding Knowledge Economy, Innovation, and the Future of Social Entrepreneurship (Palgrave Studies in Democracy, Innovation, and Entrepreneurship for Growth)
by Mitt Nowshade KabirSocial entrepreneurship is on the rise and social enterprises are solving some of the most critical and enduring social problems by using innovative, pragmatic and sustainable business models. Access to knowledge thanks to the Internet and rapid expansion of the knowledge economy are opening new opportunities for social ventures. With knowledge-based social entrepreneurship where knowledge is the primary resource, more pressing social problems can be addressed by using advanced technologies. This book investigates this emerging concept, possibilities that it holds, its place in today’s economy, and links bridges between knowledge, innovation, and social entrepreneurship. Academics, entrepreneurs, students, and NGOs will find the theoretical and practical information presented in this book extremely valuable.
Knowledge Brokerage for Sustainable Development: Innovative Tools for Increasing Research Impact and Evidence-Based Policy-Making
by André Martinuzzi Michal SedlackoThe menace of a post-truth era challenges conventional policy-making and science. Instead of fighting an uphill battle against populist solutions, those involved in both policy-making and science have to find innovative ways to collaborate, and make use of the vast amounts of knowledge that are already available. Knowledge brokerage, in this context, is more than a simple question-and-answer game: it is a process of co-creating and re-framing knowledge. In addition, Knowledge Brokerage for Sustainable Development has to deal with trade-offs and ambiguities, as well as world-views, cultures and the preferences of stakeholder groups. This book is the first in-depth exploration of how knowledge brokerage has the potential to help manage the challenges of sustainable development across political and scientific systems. It presents a selection of innovative and practical tools to enhance the connectivity of research and policy-making on sustainable development issues. In doing so, this book will be an essential publication in research and policy-making. It supports networking among the developers and users of knowledge brokerage systems and will make their experience better known to the different communities involved.The book presents interviews with leading policymakers and researchers such as former EU Commissioner Franz Fischler, Robert-Jan Smits (Director-General of Research and Innovation at the EC), Uwe Schneidewind (President of the Wuppertal Institute), and Leida Rijnhout (European Environmental Bureau). It also provides insights into eleven EU funded projects dealing with different approaches of Knowledge Brokerage for Sustainable Development.
The Knowledge Business: The Commodification of Urban and Housing Research
by Rob ImrieThis book provides a critique of the knowledge business, and describes and evaluates its different manifestations in, and impacts on, the university sector. Its focus is the social sciences and, in particular, housing and urban studies. Drawing on a wide range of experiences, both in the UK and elsewhere, it illustrates the changing management of the academy, and the development, by university managers, of instruments or techniques of control to ensure that academics are disciplined in ways that are commensurate with achieving commercial goals. The individual chapters highlight the different ways in which the academy is being put to work for commercial gain, and they evaluate how far the public service ethos of the universities is coming apart in a context in which what is to be serviced is increasingly a private clientele defined by their 'ability to pay'. The Knowledge Business examines the contradictions and tensions associated with these processes, highlighting the implications for the academic labour process, and the future of the academy.
The Knowledge Café: Create an Environment for Successful Knowledge Management
by Benjamin AnyachoKnowledge Café is a process for sharing information, whether face to face or virtual. This popular and practical knowledge management tool supports a culture where projects and innovation thrive.The Knowledge Café is a mindset and environment for engaging, discussing, and exchanging knowledge within a group either face to face or virtually. At the café, participants can discuss hard-to-solve project issues or resolve a family or community crisis. This metaphorical town square supports knowledge circulation and rejuvenation and increases its velocity—making it a breeding ground for innovation. The aha moments at one Knowledge Café can match the benefits of multiple conferences, workshops, and training put together.When knowledge management (KM) is part of an organization's culture, performance improves, collaboration increases, and the competitive advantage accelerates. No one can force knowledge transfer. We must create the right environment where knowledge is freely shared, rewarded, and fun. This book demonstrates why the Knowledge Café is such an effective KM tool and shows how to design optimal café experiences and increase learning agility. The premium on knowledge and agility has never been greater. This book offers a technique for managing knowledge toward the greater good. Tips; templates; practical and relatable experiences; case studies; and examples of knowledge brokers, creators, and sharers across cultures are sprinkled throughout the book to show how the café interfaces with other KM techniques and in different work and project spaces.
The Knowledge Capital of Nations: Education and the Economics of Growth (CESifo Book Series)
by Ludger Woessmann Eric A. HanushekA rigorous, pathbreaking analysis demonstrating that a country's prosperity is directly related in the long run to the skills of its population.In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country's development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue that message has become distorted, with politicians and researchers concentrating not on valued skills but on proxies for them. The common focus is on school attainment, although time in school provides a very misleading picture of how skills enter into development. Hanushek and Woessmann contend that the cognitive skills of the population—which they term the “knowledge capital” of a nation—are essential to long-run prosperity. Hanushek and Woessmann subject their hypotheses about the relationship between cognitive skills (as consistently measured by international student assessments) and economic growth to a series of tests, including alternate specifications, different subsets of countries, and econometric analysis of causal interpretations. They find that their main results are remarkably robust, and equally applicable to developing and developed countries. They demonstrate, for example, that the “Latin American growth puzzle” and the “East Asian miracle” can be explained by these regions' knowledge capital. Turning to the policy implications of their argument, they call for an education system that develops effective accountability, promotes choice and competition, and provides direct rewards for good performance.
Knowledge Capitalism and State Theory: A “Space-Time” Approach Explaining Development Outcomes in the Global Economy (Palgrave Insights into Apocalypse Economics)
by Carlos Manuel Sánchez RamírezThe book builds on an important emergent body of discussion which questions, both empirically and theoretically, the conventional neoclassical doctrine that economies are more efficient if the state withdraws from it. It develops a “space-time” approach to state theory as a way of explaining development outcomes in the global economy as the latter increasingly shifts to what is referred to as “knowledge capitalism”. It examines two global cases – Finland and China – as expressions of two broad models of successful development punctuated most recently by successful responses to the Covid-19 pandemic. It also contrasts both cases with the unsuccessful development of Brazil and Argentina toward “knowledge capitalism” and the ramifications of that for their efforts to combat Covid-19. This book will be of interest to academics in economics, politics and international relations.
Knowledge Cities
by Francisco Javier CarrilloKnowledge Cities are cities that possess an economy driven by high value-added exports created through research, technology, and brainpower. In other words, these are cities in which both the private and the public sectors value knowledge, nurture knowledge, spend money on supporting knowledge dissemination and discovery (ie learning and innovation) and harness knowledge to create products and services that add value and create wealth. Currently there are 65 urban development programs worldwide formally designated as “knowledge cities.” Knowledge-based cities fall under a new area of academic research entitled Knowledge-Based Development, which brings together research in urban development and urban studies and planning with knowledge management and intellectual capital.In this book, Francisco Javier Carillo of the Monterrey Institute of Technology (ITESM) brings together a group of distinguished scholars to outline the theory, development, and realities of knowledge cities. Based on knowledge-based development, the book shows how knowledge can be and is placed at the center of city planning and economic development to enable knowledge flows and innovation to provide a sustainable environment for high value-added products and services.
Knowledge, Class, and Economics: Marxism without Guarantees (Economics as Social Theory)
by Theodore A. Burczak Robert F. Garnett Jr. Richard McIntyreKnowledge, Class, and Economics: Marxism without Guarantees surveys the "Amherst School" of non-determinist Marxist political economy, 40 years on: its core concepts, intellectual origins, diverse pathways, and enduring tensions. The volume’s 30 original essays reflect the range of perspectives and projects that comprise the Amherst School—the interdisciplinary community of scholars that has enriched and extended, while never ceasing to interrogate and recast, the anti-economistic Marxism first formulated in the mid-1970s by Stephen Resnick, Richard Wolff, and their economics Ph.D. students at the University of Massachusetts-Amherst. The title captures the defining ideas of the Amherst School: an open-system framework that presupposes the complexity and contingency of social-historical events and the parallel "overdetermination" of the relationship between subjects and objects of inquiry, along with a novel conception of class as a process of performing, appropriating, and distributing surplus labor. In a collection of 30 original essays, chapters confront readers with the core concepts of overdetermination and class in the context of economic theory, postcolonial theory, cultural studies, continental philosophy, economic geography, economic anthropology, psychoanalysis, and literary theory/studies. Though Resnick and Wolff’s writings serve as a focal point for this collection, their works are ultimately decentered—contested, historicized, reformulated. The topics explored will be of interest to proponents and critics of the post-structuralist/postmodern turn in Marxian theory and to students of economics as social theory across the disciplines (economics, geography, postcolonial studies, cultural studies, anthropology, sociology, political theory, philosophy, and literary studies, among others).
Knowledge Cohesion: Uniting Europe Through Research Networks (Routledge Studies in the European Economy)
by İbrahim Semih Akçomak Umut Yılmaz Çetinkaya Erkan Erdil Müge ÖzmanResearch collaboration plays a pivotal role in not only disseminating existing knowledge but also catalyzing the generation of novel insights. This book delves into the benefits that arise from research collaborations, shedding light on their multifaceted impacts. It serves as a pioneering exploration into the nexus of collaboration, knowledge convergence, and knowledge cohesion, drawing extensively from the rich literature on the EU's cohesion policy and collaboration-induced knowledge diffusion.Firstly, Knowledge Cohesion: Uniting Europe Through Research Networks unravels the nuanced interplay among collaboration, knowledge convergence, and knowledge cohesion. Secondly, it carves out clear distinctions between the realms of convergence and cohesion. Lastly, it unveils an empirical framework, offering tools for quantifying and analysing knowledge cohesion. These contributions culminate in the conceptualisation of knowledge cohesion, enriching our understanding of how collaborative research profoundly impacts the advancement of knowledge. The empirical analyses show that while the research collaboration network indicates knowledge convergence, there is no evidence for knowledge cohesion in Europe.This book stands as a resource for scholars, policymakers, and practitioners alike, inviting them to explore the nuanced interplay of research collaboration and knowledge dynamics, while presenting knowledge cohesion as a new concept.
Knowledge Communication in Global Organisations: Making Sense of Virtual Teams (Routledge Studies in Management, Organizations and Society)
by Nils Braad PetersenWhile organisations become more and more global, they also become more and more dispersed and virtual. This challenges the sense of a shared organisational identity and the ability of employees to communicate personally held knowledge. To address these challenges this book offers an innovative multidisciplinary approach to knowledge communication in global organisations. The book develops a multidisciplinary analytical lens through which to understand employee identity formations and knowledge communication practises. Using detailed analyses of interviews from a real organisation, the book builds an understanding of how 21st century employees make sense of a virtual organisational reality characterised by multiple simultaneous projects and virtual, dispersed teams. These analyses are conducted using a new discourse analysis method for analysing research interviews, Discursive Sensemaking Analysis. Using these methods and findings, researchers, project managers and HR professionals will be able to analyse their own organisations to discover how employees make sense of the complexity of 21st century global organisations.
Knowledge Construction Methodology: Fusing Systems Thinking and Knowledge Management (Translational Systems Sciences #20)
by Yoshiteru NakamoriThis book demonstrates that innovative ideas are systematically constructed in the creative space spanned by the dimensions of systems thinking and knowledge management. Readers will be introduced to this proposition in the final chapter, after learning about the key innovation theories, design thinking, systems thinking, and idea creation methods in systems science and knowledge science. The content provided throughout the book supports knowledge creation in various fields, the management of research and business projects, and the creation of promotion stories for products and services. Practitioners who are seeking to create innovative ideas can systematically learn the minimum theories and methods required, while graduate students will be equipped to link their research to innovation by learning the essence of systems science and knowledge science and considering selected issues. Lastly, the book includes suggestions for future research directions in knowledge science.
The Knowledge-Creating Company (Harvard Business Review Classics)
by Ikujiro NonakaIn 'The Knowledge-Creating Company', Ikujiro Nonaka shows ow your company can exploit its knowledge to continually innovate and reinvent itself in the face of relentless change.
Knowledge-creating Milieus in Europe
by Augusto Cusinato Andreas Philippopoulos-MihalopoulosThis book introduces a radically spatialised approach to knowledge creation and innovation. Reflecting on an array of European urban and regional developments, it offers an updated notion of milieu as the conceptual and material space of knowledge and innovation in line with the interpretative turn in social sciences and humanities. In view of the unwillingness of mainstream economics to accommodate such a trend, the authors pursue a broadly understood hermeneutic approach that expands on the triad of knowledge-space-innovation. The book's main findings are that space is an essential intermediary in the connection between knowledge and innovation, and that a renewed notion of milieu provides the knowledge-space-innovation triad with both an analytical basis and operational power. It also offers fresh insights into the significance and potential of the knowledge economy. A number of empirical European case studies on various scales (organisations, cities and territories) support the findings and suggest new policy directions.
Knowledge Discovery from Data Streams (Chapman & Hall/CRC Data Mining and Knowledge Discovery Series)
by Joao GamaSince the beginning of the Internet age and the increased use of ubiquitous computing devices, the large volume and continuous flow of distributed data have imposed new constraints on the design of learning algorithms. Exploring how to extract knowledge structures from evolving and time-changing data, Knowledge Discovery from Data Streams presents
Knowledge Discovery from Sensor Data
by Auroop R. Ganguly JoÎo Gama Olufemi A. Omitaomu Mohamed Medhat Gaber Ranga Raju VatsavaiAs sensors become ubiquitous, a set of broad requirements is beginning to emerge across high-priority applications including disaster preparedness and management, adaptability to climate change, national or homeland security, and the management of critical infrastructures. This book presents innovative solutions in offline data mining and real-time
Knowledge Discovery in Spatial Data
by Yee LeungThis book deals with knowledge discovery and data mining in spatial and temporal data, seeking to present novel methods that can be employed to discover spatial structures and processes in complex data. Spatial knowledge discovery is examined through the tasks of clustering, classification, association/relationship, and process. Among the covered topics are discovery of spatial structures as natural clusters, identification of separation surfaces and extraction of classification rules from statistical and algorithmic perspectives, detecting local and global aspects of non-stationarity of spatial associations and relationships, unraveling scaling behaviors of time series data, including self-similarity and long range dependence. Particular emphasis is placed on the treatment of scale, noise, imperfection and mixture distribution. Numerical examples and a wide scope of applications are used throughout the book to substantiate the conceptual and theoretical arguments.