Collective Knowledge Production, Costs and the Dynamics of Technological Systems
Pier Paolo Patrucco (pierpaolo.patruco@unito.it)
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Pier Paolo Patrucco: University of Turin, http://www.est.unito.it/
Authors registered in the RePEc Author Service: Cristiano Antonelli
Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo Alberto. WP series from University of Turin
Abstract:
Technological knowledge can be understood as a collective good only when its production requires the absorption and integration of external knowledge. Such external knowledge is the outcome of R&D investments that cannot be fully appropriated by firms and generate spillovers. The exploitation of such knowledge spillovers requires specific investments in knowledge communication and absorption, which brings about specific costs. These costs are affected by the structural and dynamic characteristics of technological systems in terms of the knowledge base, the variety of actors and the communication infrastructures and processes. This paper analyzes the costs of collective knowledge production and their implications for the way in which the firm chooses the mix of internal and external knowledge. This choice in turn shapes the evolution of technological systems.
Pages: 25 pages
Date: 2005-10
New Economics Papers: this item is included in nep-ino and nep-knm
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Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:uto:labeco:200506
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