{"product_id":"9780792378013","title":"Economics of Science, Technology and Innovation: Firm Size, Performance And Network Production","description":"\u003ch1\u003eEconomics of Science, Technology and Innovation: Firm Size, Performance And Network Production\u003c\/h1\u003e \u003ch2\u003eBraunerhjelm, Pontus\u003c\/h2\u003e \u003cp\u003eAccording to its proponents, the `new economy' is associated  with sustainable growth, increased demand for labor and zero  inflation. On the micro-level, this bright avenue into the future is  propelled by knowledge capital, flexibility and new ways of organizing  production, such as clusters and networks. Progress in information  technology, together with massive deregulation on the national and the  international levels, have been credited with setting this development  into motion. \u003cbr\u003e  The concept of the `new economy' has been rapidly embraced by  politicians, as it seems to offer a way out of the traditional  trade-off between unemployment and wage inflation. However, empirical  evidence regarding the microeconomic mechanisms of the `new economy'  is scarce. \u003cem\u003eKnowledge Capital and the `New Economy': Firm Size,\u003c\/em\u003e  \u003cem\u003ePerformance and Network Production\u003c\/em\u003e intends to narrow this gap by  empirically analyzing the composition of knowledge capital and how  knowledge capital is distributed across firms of different size.  Moreover, the impact of knowledge capital on firms' profitability and  international competitiveness is also examined. Finally, we compare  cluster dynamics and the institutional set-up in Europe and the U.S.,  with the purpose of identifying regulations that seem to hinder a  conducive environment for expanding and dynamic European clusters.  \u003cbr\u003e  The results of this study emphasize the role of knowledge capital and  flexibility. Thus, irrespective of how sustainable the `new economy'  turns out to be, the policy implications in terms of providing  institutions that facilitate knowledge-enhancing economic activities,  flexible markets and transparent incentive structures are undeniable.  Countries that fail in this respect may find themselves trailing in  the international growth and welfare rankings.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2000-05-31\u003c\/p\u003e \u003cp\u003eFormat: Hardcover\u003c\/p\u003e \u003cp\u003eISBN-13: 9780792378013\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-1-4615-4415-9\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 118\u003c\/p\u003e ","brand":"Springer US","offers":[{"title":"Default Title","offer_id":46265482215564,"sku":"9780792378013","price":98.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9780792378013.jpg?v=1770779928","url":"https:\/\/lateknightbooks.com\/products\/9780792378013","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}