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on Knowledge Management and Knowledge Economy |
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Issue of 2026–05–04
three papers chosen by Laura Nicola-Gavrila, Centrul European de Studii Manageriale în Administrarea Afacerilor |
| By: | Schilirò, Daniele |
| Abstract: | This paper offers a conceptual review of the relationship between the knowledge economy and innovation, challenging simplistic, linear assumptions about how new ideas are generated. Given their increasing global significance, the study focuses on Fourth Industrial Revolution (4IR) technologies. Specifically it examines the nature, evolution, and defining features of the knowledge economy. Such an economy relies on increasing specialization, research, innovation, and continuous learning, with learning and experience being its most critical sources. Furthermore, the paper argues that innovation constitutes a fundamental dimension of the knowledge economy, noting that knowledge production is strictly related to innovations. Rather than a sequential chain, innovation is presented here as a complex, systemic process characterized by multiple feedbacks and loops. This analysis highlights the systemic, non-deterministic nature of innovation and its strong relationship with knowledge. However, the capacity of companies to innovate depends heavily on the innovation ecosystem—the framework where stakeholders interact and collaborate—as well as the regulatory and legislative framework. Consequently, several factors, including the availability of sufficient human capital with appropriate education and advanced skills, the presence of robust infrastructure, and the role of institutions, are necessary to make companies' innovations effective. While this paper does not claim to provide definitive answers, it seeks to offer new insights for future research. |
| Keywords: | knowledge economy; knowledge; learning; networks; innovation; technological progress; competitiveness |
| JEL: | D83 L10 O30 O32 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:128049 |
| By: | Thomas Cornelissen; Christian Dustmann; Uta Schönberg |
| Abstract: | Exposure to better peers in the workplace can influence career trajectories through two opposing channels: positively, via knowledge spillovers, and negatively, through competition for advancement. We disentangle these effects by studying untrained labor market entrants and distinguishing between coworkers in the same occupation with whom they are likely to compete versus those with whom they are unlikely to compete. We find robust evidence of persistent knowledge spillovers but also identify countervailing competition effects of comparable magnitude. Both effects are more pronounced for men than for women. |
| Keywords: | Knowledge Spillovers, Peer Effects, Competition |
| JEL: | J13 J24 |
| Date: | 2025–10 |
| URL: | https://d.repec.org/n?u=RePEc:crm:wpaper:25080 |
| By: | Voloshchuk, Aleksey |
| Abstract: | This manuscript argues that information should no longer be treated merely as one factor among others, but as a metafactor that increasingly reorganizes labor, capital, institutions, and growth. The central claim is that contemporary economies are entering a transition period in which the cost of generating signals, models, texts, and decisions falls much faster than the cost of verifying them. As a result, the decisive constraint gradually shifts from production to selection, validation, and institutional recognition. To formalize this shift, the book introduces the concept of the verification bottleneck, κ, understood not as a sector-specific obstacle but as a general structural limit on the conversion of available information into economically effective knowledge, I∗. On this basis, the manuscript reinterprets major traditions of economic thought as partial descriptions of one broader informational process and develops implications for labor displacement, the changing nature of capital, platform power, growth regimes, and the political economy of verification. The argument is supported by a formal appendix and an empirical appendix combining cross-country evidence, platform-era labor-share dynamics, and new indicators related to verification capacity. The broader conclusion is that the main conflict of the transition period no longer concerns only ownership of capital or control of labor, but increasingly the control of infrastructures and procedures through which signals acquire the status of legitimate knowledge. |
| Date: | 2026–04–21 |
| URL: | https://d.repec.org/n?u=RePEc:osf:socarx:2xkdh_v1 |