Evolution of the knowledge economy: a historical perspective with an application to the case of Europe

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Švarc, J. and Dabić, M. ORCID: 0000-0001-8374-9719, 2017. Evolution of the knowledge economy: a historical perspective with an application to the case of Europe. Journal of the Knowledge Economy, 8 (1), pp. 159-176. ISSN 1868-7865

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Official URL: http://doi.org/10.1007/s13132-015-0267-2

Abstract

The goal of the article is to explore the evolution of original concept of knowledge economy based on science intensive production sectors toward service type economies which significantly changed the role of scientific research and technological innovation for
economic growth. The paper argues that this transition is due not only to the structural changes in global production, but the theoretical evolution and aradigmatic shift of the concept of “knowledge economy” in general and “knowledge” in particular has played a significant role. The paper examines the different interpretation of knowledge within new types of intangible economies (e.g., new/Internet, weightless, service, creative, cultural
economies) where knowledge is perceived to be generated not as a product of scientific research but as a service or creative activity and critically examined the role of scientific research in a service led knowledge economy. Additionally the paper argue how these phenomena, which marked the global economy in the last decades, enable the transition of the standard concept of knowledge economy originated from industrial production and manufacturing to a knowledge economy equalized with various types of expanding intangible economies, primarily those based on service and creative industries.

Item Type:

Journal article

Publication Title:

Journal of the Knowledge Economy

Creators:

Švarc, J. and Dabić, M.

Publisher:

Springer

Date:

March 2017

Volume:

Number: