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Economics of Knowledge - Theory, Models and Measurements (Hardcover)
Loot Price: R3,065
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Economics of Knowledge - Theory, Models and Measurements (Hardcover)
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Economics of Knowledge explores the theory and empirical facts
needed for rational decisions on knowledge investments, creative
processes and management of knowledge based industries and
institutions. The accumulation of knowledge through higher
education, scientific research and industrial R&D is a key
factor in economic and social development. This timely and valuable
book focuses on the micro- and macroeconomics of knowledge
production, and on the analysis of technical constraints,
possibilities of collaboration and incentives for scientists,
academic teachers and students. The authors move on to analyze the
advantages and disadvantages of centrally controlled and
competitive university systems, before concluding with a set of
decision-making rules for government, university administrations
and industry. This book on a hotly contested subject will be widely
sought after by those with an interest in economics, management,
operations research, regional science and planning as well as
consultants to knowledge based industries. R&D managers of
industrial firms will learn a great deal from this book as will
managers of universities and research institutes.
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