The Knowledge Economy/Society: The Latest Example of “Measurement Without Theory”?

Les Oxley, David Thorns, Paul Walker and Hong Wang

Working Papers in Economics from University of Canterbury, Department of Economics and Finance

Abstract: The world has embraced a set of concepts (knowledge driven growth) which are seen as the ‘core of future growth and wellbeing’ without any commonly agreed notion of what they are, how they might be measured, and crucially therefore, how they actually do (or might) affect economic growth and social wellbeing. The theory of how the mechanism works lacks important detail.

Keywords: Knowledge Economy; Knowledge Society; Human Capital; Theory of the Firm (search for similar items in EconPapers)
JEL-codes: D21 D8 L22 L23 O31 (search for similar items in EconPapers)
Pages: 46 pages
Date: 2008-02-26
New Economics Papers: this item is included in nep-cbe, nep-hpe, nep-hrm and nep-knm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Journal Article: The knowledge economy/society: the latest example of “Measurement without theory”? (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:cbt:econwp:08/03

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