nep-knm New Economics Papers
on Knowledge Management and Knowledge Economy
Issue of 2016‒08‒28
three papers chosen by
Laura Ştefănescu
Centrul European de Studii Manageriale în Administrarea Afacerilor

  1. A Complexity-Theoretic Perspective on Innovation Policy By Koen Frenken
  2. Hidden Human Capital: Psychological Empowerment & Adolescent Girls’ Aspirations in India By Sanchari Roy; Matthew Morton; Shryana Bhattacharya
  3. Working Paper, Rents and Inefficiency in the Patent and Copyright System: Is There a Better Route? By Dean Baker

  1. By: Koen Frenken
    Abstract: : It is argued that innovation policy based on notions of market failure or system failure is too limited in the context of current societal challenges. I propose a third, complexity-theoretic approach. This approach starts from the observation that most innovations are related to existing activities, and that policy’s additionality is highest for unrelated diversification. To trigger unrelated diversification into activities that contribute to solving societal challenges, government’s main task is to organize the process of demand articulation. This process leads to clear and manageable societal objectives that effectively guide a temporary collation of actors to develop solutions bottom-up. The combination of a broad coalition, a clear objective and tentative governance are the means to cope with the inherent complexity of modern-day innovation
    Date: 2016–08
  2. By: Sanchari Roy (Department of Economics, University of Sussex); Matthew Morton (World Bank); Shryana Bhattacharya (World Bank)
    Abstract: This paper studies the role of social-emotional or psychological capital in determining education and employment aspirations of adolescent girls and young women in India. We find that girls’ self-efficacy and mental health are important determinants of their educational and employment aspirations, suggesting that these hidden forms of human capital may serve as critical targets for interventions aiming to alter girls’ educational and economic trajectories. We also identify factors that correlate with girls’ level of self-efficacy, and find that an “enabling” and supportive family and community environment appears to be important
    Keywords: social-emotional skills, self-efficacy, aspirations, adolescents, youth, gender, labor market, education
    JEL: I20 I31 Z00
    Date: 2016–08
  3. By: Dean Baker
    Abstract: This paper analyzes the evidence for rents due to the patent and copyright systems for financing innovation and creative work. It notes research suggesting that in both the patent and copyright system, the costs in the form of monopoly pricing and rent-seeking activity outweigh the benefits. It then proposes alternatives to the patent and copyright system. The Kauffman Foundation helped support this work.
    JEL: I I1 I18 I14 O O31 O33 O34 K K11
    Date: 2016–08

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