ISBN-10:
0262562235
ISBN-13:
9780262562232
Pub. Date:
08/11/2006
Publisher:
MIT Press
The Economics of Knowledge

The Economics of Knowledge

by Dominique Foray

Paperback

View All Available Formats & Editions
Current price is , Original price is $25.0. You
Select a Purchase Option
  • purchase options
    $20.00 $25.00 Save 20% Current price is $20, Original price is $25. You Save 20%.
  • purchase options

Product Details

ISBN-13: 9780262562232
Publisher: MIT Press
Publication date: 08/11/2006
Series: The MIT Press
Pages: 287
Product dimensions: 6.00(w) x 9.00(h) x 0.70(d)
Age Range: 18 Years

About the Author

Dominique Foray holds the Chair in Economics and Management of Innovation and is Director of the College of Management of Technology at École Polytechnique Fédérale de Lausanne. He is the author of The Economics of Knowledge (MIT Press, 2004).

What People are Saying About This

Endorsement

This is a very important and creative book, in which Foray makes a strong case that the economics of knowledge is an important discipline in microeconomics. He synthesizes several strains of research to create a clear vision of a general scientific program in that field, and identifies a core of hypotheses (that knowledge is a public good, that learning-by-doing is a joint product) as important to further progress. He also articulates a central objective for the discipline: To understand the functioning of socioeconomic institutions that can be relied upon to produce and use knowledge efficiently.

Eric von Hippel, Sloan School of Management, MIT

From the Publisher

Despite frequent reference to the knowledge-based economy, there is little common understanding about what makes it work and how knowledge differs from conventional economic resources. In *The Economics of Knowledge*, Dominique Foray gives us a rich, pioneering account of the special economic characteristics of knowledge, how they challenge business management and strategy, and, especially important, implications for public policies toward education, research, and intellectual property.

Brian Kahin, Visiting Professor, University of Michigan, former Senior Policy Analyst, White House Office of Science and Technology Policy

Dominique Foray is to be congradulated for producing the first full-blown text on the economics of knowledge. This wide ranging, interesting, and valuable book will surely be the touchstone by which other studies are judged. Foray focuses hard on knowledge itself, not information or data, and by doing so has produced an original and much needed study.

Larry Prusak, Distinguished Scholar, Babson College

This is a very important and creative book, in which Foray makes a strong case that the economics of knowledge is an important discipline in microeconomics. He synthesizes several strains of research to create a clear vision of a general scientific program in that field, and identifies a core of hypotheses (that knowledge is a public good, that learning-by-doing is a joint product) as important to further progress. He also articulates a central objective for the discipline: To understand the functioning of socioeconomic institutions that can be relied upon to produce and use knowledge efficiently.

Eric von Hippel, Sloan School of Management, MIT

Eric von Hippel

This is a very important and creative book, in which Foray makes a strong case that the economics of knowledge is an important discipline in microeconomics. He synthesizes several strains of research to create a clear vision of a general scientific program in that field, and identifies a core of hypotheses (that knowledge is a public good, that learning-by-doing is a joint product) as important to further progress. He also articulates a central objective for the discipline: To understand the functioning of socioeconomic institutions that can be relied upon to produce and use knowledge efficiently.

Brian Kahin

Despite frequent reference to the knowledge-based economy, there is little common understanding about what makes it work and how knowledge differs from conventional economic resources. In *The Economics of Knowledge*, Dominique Foray gives us a rich, pioneering account of the special economic characteristics of knowledge, how they challenge business management and strategy, and, especially important, implications for public policies toward education, research, and intellectual property.

Larry Prusak

Dominique Foray is to be congradulated for producing the first full-blown text on the economics of knowledge. This wide ranging, interesting, and valuable book will surely be the touchstone by which other studies are judged. Foray focuses hard on knowledge itself, not information or data, and by doing so has produced an original and much needed study.

Customer Reviews

Most Helpful Customer Reviews

See All Customer Reviews