[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/8799.html
   My bibliography  Save this paper

Knowledge Economics role in explaining growth and innovation

Author

Listed:
  • Khumalo, Bhekuzulu
Abstract
This paper is written to show that there is a definite model that has been developed that explains the role of innovation to economic growth. This paper is based on the theorem that was built up in the paper that I wrote in 2007 entitled “Point X and the Economics of Knowledge”, as well as the so far unpublished papers concerning the long and short term properties of knowledge. This paper shall us the short term properties of knowledge to explain the relationship between growth and Knowledge. Stuart Kauffman of the university of Calgary believes that “Conventional economic theories about growth and the evolution of future wealth may be inadequate. We need a theory and historical examination of the growth of the actual economic web and of whether, in a supracritical economy, a sufficiently high diversity of the web autocatalytically drives its own growth. Furthermore, we need to understand the mutually and collectively cross-enhancing power of complementary technologies, regulatory structure and attraction of consumers in the creation of wealth.” I say this is wrong, the paper “Point X and the Economics of Knowledge”, gives an excellent framework to answer these questions. This paper will delve to be as simple as possible.

Suggested Citation

  • Khumalo, Bhekuzulu, 2008. "Knowledge Economics role in explaining growth and innovation," MPRA Paper 8799, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:8799
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/8799/1/MPRA_paper_8799.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Khumalo, Bhekuzulu, 2006. "The Fundamental Theory of Knowledge," MPRA Paper 3733, University Library of Munich, Germany.
    2. Khumalo, Bhekuzulu, 2007. "Knowledge Theory and Investment: Enhanced Investment Decision Based on the properties of Point X," MPRA Paper 4201, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Khumalo, Bhekuzulu, 2008. "Short and long Term behavior of Knowledge," MPRA Paper 8944, University Library of Munich, Germany.
    2. Khumalo, Bhekuzulu, 2007. "Point X and the Economics of Knowledge," MPRA Paper 3735, University Library of Munich, Germany.

    More about this item

    Keywords

    Knowledge Economics; growth; innovation; short term knowledge growth; knowl; research;
    All these keywords.

    JEL classification:

    • A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
    • D20 - Microeconomics - - Production and Organizations - - - General
    • O39 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Other
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • A10 - General Economics and Teaching - - General Economics - - - General
    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:8799. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.