By Surendra Gera, Clifton Lee-Sing, Keith Newton (auth.), Louis A. Lefebvre, Élisabeth Lefebvre, Pierre Mohnen (eds.)
On September 17 and 18, 1998, a convention happened at Mont Tremblant at the topic "Doing enterprise in a Knowledge-Based Economy." This convention introduced jointly a few hundred individuals from govt, company and academia, with backgrounds in enterprise management, engineering, public management and economics, to supply a multidisciplinary research of what has turn out to be often called the "Knowledge-Based financial system" (KBE). the purpose used to be to return up with feedback and suggestions approximately the way to do enterprise in a data dependent economic climate, either on the company point and on the executive point. All presenters have been explicitly requested to finish with coverage techniques. The convention was once subsidized through Canada and arranged by means of the Centre of Interuniversity learn at the research of organisations (CIRANO). The convention papers provided united states, Canadian and ecu views at the administration of a knowledge-based financial system. This quantity is split into 3 components. The papers partially I set the level by means of describing the salient gains of the KBE. what's so distinct approximately it? What are its fiscal underpinnings? What are its technological features? wisdom performs a vital position in a KBE, therefore its identify. while, long ago, development was firm essentially by means of the supply of land, common assets, labour and capital successively, on the finish of the 20th century, wisdom has develop into a (if now not the) significant factor of monetary growth.
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Extra info for Doing Business in the Knowledge-Based Economy: Facts and Policy Challenges
Sabourin and M. Rafiquzzaman, Benefits and Problems Associated with Technology Adoption in Canadian Manufacturing: Survey of Innovation and Advanced Technology 1993. Ottawa: Statistics Canada, 1996. " Working Paper, Harvard University, July 1992. N. Wolff, Convergence of Productivity: Cross-National Studies and Historical Evidence. New York: Oxford University Press, 1994. Benhabib, 1. M. S. " Department of Economics, New York University, 1992. , 1. Bound and S. " NBER Working Paper No. 6166, 1997.
KBEs promote productive investment and also ensure that the investment process is not impaired or distorted by significant institutional problems, such as bottlenecks in physical infrastructure or financial market inefficiencies. Fourth, KBEs devote considerable effort to developing those intangible aspects of infrastructure that influence an economy's capacity to both develop and use new knowledge. The workforce is highly educated and well trained, and programs are available to encourage and facilitate lifelong learning.
Since knowledge production and use cannot be directly measured, Canada's development as a knowledge economy can only be assessed using a variety of observable indicators. Moreover, there is a need to rely largely on aggregate data; very little information is available on the changes under way within firms - although, as we will see from later papers in this volume, some progress is being made. From available information, we have a picture of an economy that is acquiring a number of significant features of a KBE, but that remains subject to some significant challenges in terms of ability to develop and access knowledge.
Doing Business in the Knowledge-Based Economy: Facts and Policy Challenges by Surendra Gera, Clifton Lee-Sing, Keith Newton (auth.), Louis A. Lefebvre, Élisabeth Lefebvre, Pierre Mohnen (eds.)