Collective knowledge production, costs and the dynamics of technological sysyems

Pier Paolo Patrucco ()

Dipartimento di Economia "S. Cognetti de Martiis" LEI & BRICK - Laboratorio di economia dell'innovazione "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo Alberto. WP series from University of Turin

Abstract: TechnologicaI knowledge can be understood as a collective good only when its production requires the absorption and integration of external knowledge. Such externaI 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 afe affected by the structural and dynamic characteristics of technologicaI systems in terms of the knowledge base, the variety of actors and the communication infrastructures and processes. This paper anaIyzes the costs of collective knowledge production and their implications for the way in which the firm chooses the mix of internai and externaI knowledge. This choice in turo shapes the evolution of technological systems.

New Economics Papers: this item is included in nep-ino and nep-knm
Date: 2005-06
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Related works:
Journal Article: Collective knowledge production costs and the dynamics of technological systems (2009)
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