This book is an authoritative confirmation of the critical role that knowledge plays in economic transformation. It is an indispensable roadmap for new research programmes and a guidepost for policy makers around the world. Calestous Juma, Harvard Kennedy School, US How to use and capitalize knowledge for the benefit of society has become even more urgent in the present financial and economic crisis. This book embraces the tensions inherent in the complex governance of research and innovation. It argues for strategies appropriate to the behaviour of complex adaptive systems in an evolutionary mode, thereby highlighting in a timely manner the necessary fit between organizational forms and the epistemological structure of knowledge in the overall context of a fertile investment climate. Helga Nowotny, European Research Council, WWTF Vienna Science and Technology Fund, Austria In the 21st century, economic and social development depends increasingly on knowledge rather than labour and capital. This book examines how knowledge is exploited through the development of innovations that yield economic and other benefits. The authors, who include leading figures from the field of innovation studies, look in particular at the growing links between universities, government and industry and the evolving triple helix relationship as they attempt to develop more effective means for capitalizing on knowledge. The book will be of considerable interest to policy-makers and to senior managers in industry and universities as well as to innovation scholars. Ben Martin, University of Sussex, UK In recent years, university industry government interactions have come to the forefront as a method of promoting economic growth in increasingly knowledge-based societies. This ground-breaking new volume evaluates the capacity of the triple helix model to represent the recent evolution of local and national systems of innovation. It analyses both the success of the triple helix as a descriptive and empirical model within internationally competitive technology regions as well as its potential as a prescriptive hypothesis for regional or national systems that wish to expand their innovation processes and industrial development. In addition, it examines the legal, economic, administrative, political and cognitive dimensions employed to configure and study, in practical terms, the series of phenomena contained in the triple helix category. This book will have widespread appeal amongst students and scholars of economics, sociology and business administration who specialise in entrepreneurship and innovation. Policy-makers involved in innovation, industrial development and education as well as private firms and institutional agencies will also find the volume of interest.

Examines current trends toward increasing links between industry and academia and the resulting commercialization of universities as they seek to capitalize their research.

Capitalizing Knowledge explores the academic–industrial interface in a sustained and critical analysis, drawing on expertise in a wide range of disciplines from the U.S., Latin America, and Europe. Using an international focus, the book examines the range of experiences, problems, and solutions that different countries have had in managing academic–industrial links. Of key importance to policy-makers in government, academia, and industry, Capitalizing Knowledge explores the current trends as well as the commercialization of universities as they seek to capitalize their research. The authors are part of an international research network that over the past five years has examined the capitalization of knowledge in academic–industrial relations. They provide an analysis of the institutional changes occurring today as well as an analysis of its implications. Also explored is the role of the university in economic development, the dynamics of technology transfer, and country–specific analyses of new links between industry and academia.

‘This important new book provides a penetrating, novel analysis of the key role played by knowledge when viewed through the lens of Schumpeterian economics. It is loaded with important insights that highlight the primacy of knowledge and innovation to unleash economic growth.’ —David B. Audretsch, Indiana University Bloomington, USA This book combines the tools elaborated by the economics of knowledge and the legacy of Joseph Schumpeter to explore the emergence of the new knowledge economy and the shift away from the manufacturing industries. Antonelli analyzes the characteristics of the innovation process as a creative response based upon the accumulation, generation and exploitation of knowledge. He highlights the new structure of advanced economies, where knowledge is at the same time the prime input and output. With special attention to the limits of the new knowledge growth regime, raised by the role of finance, income distribution and intellectual property rights, this Palgrave Pivot recommends appropriate economic policies based upon an Open Technology approach.

Thoroughly grounded in an extensive body of international research and analysis, this book investigates the concepts surrounding a firm’s knowledge capital. These concepts play an integral part in the evolution of economic and managerial thinking, particularly in relation to the themes of firm, knowledge and innovation. The author advocates a greater socialization of the production of knowledge capital that stands in contradiction to the strong appropriation strategies that are predominant today. This book presents a historical analysis of the facts with a strong basis in the recent literature in economics and innovation management as well as in case studies of CAC 40 companies that have been conducted over the course of the past few years.

Since April 2016, CTA implemented the “Capitalizing on Experiences for Greater Impact in Rural Development” project – working together with FAO and IICA, and with the financial support of IFAD. During these three years, this project worked with many organizations in different parts of the world. Its purpose was to empower these organizations with the tools and the skills needed to identify practices which can be brought to scale, to describe and analyze them in detail, and to share the lessons they teach. More specifically, this project aimed to facilitate the adoption of an experience capitalization process in rural development initiatives. This guidebook is meant to help facilitators. It builds on the many interesting resources which are already available, but it builds more specifically on the experience accumulated by the project, and on the lessons and insights drawn by all those who were involved in it – both as facilitators and as participants. It is their work which has shown what works and what can be presented as a recommendation that others can follow and adapt.