Economics and Public Policy Forum - The Knowledge-Based Economy

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.

Event Details

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.

Pre-Reading:

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

http://search.oecd.org/officialdocuments/publicdisplaydocumentpdf/?cote=DSTI/DOC%282013%292&docLanguage=En

Knowledge for Development (K4D), The World Bank READ: 2 pages

http://web.worldbank.org/WBSITE/EXTERNAL/WBI/WBIPROGRAMS/KFDLP/0,,contentMDK:20269026~menuPK:461205~pagePK:64156158~piPK:64152884~theSitePK:461198,00.html

The Global Innovation Index 2013, wth, Woumitra Dutta, INSEAD Editor, READ: pages 3-9

http://www.globalinnovationindex.org/content.aspx?page=gii-full-report-2013#pdfopener

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

http://www.rand.org/content/dam/rand/pubs/research_reports/RR100/RR188/RAND_RR188.pdf

Additional Resources (for your reference only):

Raising the Returns to Innovation: Structural Policies for a Knowledge-Based Economy, OECD

http://www.oecd.org/eco/growth/KBC%20Policy%20note.pdf

The Knowledge Economy, Annu. Rev. Socio. 2004, Walter W. Powell and Kaisa Snellman

http://scholar.harvard.edu/files/kaisa/files/powell_snellman.pdf

The Knowledge-Based Economy, OECD Paris 1996 (Historical Perspective)

http://www.oecd.org/science/sci-tech/1913021.pdf

$14.00/members

$16.00/non-members

Registration

Register Online

Deadline: 8/28/2013

Questions

Elizabeth Bleakley, '02 

312-636-6684