Knowledge Capitalism

Abstract

This book looks at how the shift to a knowledge-based economy is redefining firms, empowering individuals, and reshaping the links between learning and work using economic, management and knowledge-based theories, supported by empirical data, illustrations, and trends. The book argues that industrial-era models of firm-market boundaries, work arrangements, and ownership and control are inhibiting firms and individuals success in the emerging knowledge economy. New models are proposed based on knowledge-centred organisation, knowledge-led growth, and knowledge supply as distinct from labour supply or flexible employment. Continuous learning is shown to be critical to firms as integrators of disparate knowledge resources, and the only practical route for individuals to become free agents. The book illuminates the new business landscape and provides a practical tool-set for business practitioners and theorists to interpret and manage change in a rapidly deconstructing economic environment.

Innovation and Knowledge in Creation of European Union Global Competitiveness and Social Security from Regional Perspective

“…He showed that these account for the largest sectoral share of GDP and employment in the economy, and predicted that this share was destined to grow both absolutely and relatively over time. With brief interventions from Eliasson et al (1990) and Burton-Jones (1999) who further specified the knowledge intensity of sectors by value and labour qualifications respectively, on reach the statements of the Organization for Economic Cooperation andDevelopment (1996, 1999) calling for the measurement of the knowledge-intensity of national and regional economies (OECD/Eurostat, 1997).…”

Creative Work Under Cognitive Capitalism Conditions

“…Among these scientists, the works of Boutang (2007), Burton (1999), Florida (2002), Fumagalli (2007), Gorz (2003), Murrau (2010), Procopio (1999), Rossiter (2006), Rullani (2004), and Vercellone (2007) should be noted. It is emphasized in this category that the modern period is identified as capitalism transformation, where the cognitive component acts as a destructive element of basics and principles of the capitalist mode of production.…”

Challenges and Drawbacks in the Marketisation of Higher Education Within Neoliberalism

“…Neoliberalism in higher education has been a constant force for change over the past few decades all over the world. Privatization and commercialization, as well as the growth of capitalist and corporate influence over higher education institutions, characterize neoliberal policies in higher education (Barnett, 2000;Burton-Jones, 1999;Carnoy & Rhoten, 2002). As Barnett (2000, p. xxxi) wrote, "In the neoliberal model, higher education is ideally integrated into the system of production and accumulation in which knowledge is reduced to its economic functions and contributes to the realization of individual economic utilities.…”