Join Booth alumni and students over lunch to discuss the relevance of the "knowledge-based economy" of the mid-1990s. This is a collegial discussion group without formal speakers.
We have been hearing about and living in a "knowledge-based economy" for close to two decades now. The Organization for Economic Co-Operation and Development wrote a white paper called The Knowledge-Based Economy in 1996. But how does this type of economy work, what are its strengths and shortcomings, and have we "moved on." Some would argue the knowledge-based economy is irrelevant and we what is important now is an "innovation-based economy." Please read the articles below and join us for a discussion with your peers over lunch.
Stimulating Economic Growth Through Knowledge-Based Investment, STI Working Paper 2013/2 of the Working Paper Series for the OECD Directorate for Science, Technology and Industry, Charles Hulten, READ: Sections 1, 2 and 8
Knowledge for Development (K4D), The World Bank READ: 2 pages
The Global Innovation Index 2013, wth, Woumitra Dutta, INSEAD Editor, READ: pages 3-9
Knowledge-Based Economies and Basing Economies on Knowledge, Skills a Missing LInk, Krishna B. Kumar and Desiree van Welsum, RAND Corporation, READ (if time permits): Sections 1, 2 and 4
Additional Resources (for your reference only):
Raising the Returns to Innovation: Structural Policies for a Knowledge-Based Economy, OECD
The Knowledge Economy, Annu. Rev. Socio. 2004, Walter W. Powell and Kaisa Snellman
The Knowledge-Based Economy, OECD Paris 1996 (Historical Perspective)
Elizabeth Bleakley, '02