The revolution in information techlogy transforms t only information and its uses but, more important, kwledge and the ways we generate and manage it. Kwledge is w seen as input, output, and capital, even if imperfectly accounted for or understood. Many businesses and public agencies are convinced that kwledge can be managed in sophisticated, rational ways and that networking and information techlogy are essential tools for doing so. In this collection, experts from North America and Europe look at the transformation of kwledge in the global ecomy in light of the rapid changes in information techlogy, the resulting explosion of data, the recognition of intangibles as sources of value and liability, and the increasingly blurred distinction between private and public kwledge.The appeal of the Internet as boundary-spanning kwledge infrastructure, bridging all sectors of the ecomy, is shadowed by ather infrastructure of rights-based contracts, practices, and institutions. The contributors address the ways in which the processes for creating and organizing kwledge interact with information techlogy, business strategy, and changing social and ecomic conditions. They discuss the balkanization that results from the complexity of the kwledge ecomy, the variety of kwledge resources, the great diversity of institutional and market contexts, and competing models of control and cooperation--and of proprietary and n-proprietary kwledge.Contributors:Berglind Asgeirsdottir, Carliss Y. Baldwin, Kim B. Clark, Iain M. Cockburn, Patrick Cohendet, Robin Cowan, Paul A. David, Jan Fagerberg, Brian Fitzgerald, Dominque Foray, Peter A. Freeman, Fred Gault, Dietmar Harhoff, Margaret Hedstrom, C. Suzanne Iaco, Brian Kahin, John Leslie King, Kurt Larsen, Josh Lerner, Bengt-Ake Lundvall, David C. Mowery, Arti K. Rai, Bhaven Sampat, Martin Schaaper, Tom Schuller, W. Edward Steinmueller, Stefan Thomke, Jean Tirole, Reinhilde Veugelers, Stephan Vincent-Lancrin, Eric von Hippel, Andrew Wyckoff
Dominique Foray holds the Chair in Economics and Management of Innovation and is Director of the College of Management of Technology at Ecole Polytechnique Federale de Lausanne. He is the author of The Economics of Knowledge (MIT Press, 2004).