A Microeconomic Approach to the Dynamics of Knowledge Creation

Patrick Cohendet (), Jean-Alain Héraud and Patrick Llerena
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Patrick Cohendet: BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique, HEC Montréal - HEC Montréal

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Abstract: The aim of this contribution is to analyze the period of collective research extending from the emergence of the first innovative idea to the moment when a patent can be written and claimed. The authors argue that the period of collective research is characterized by the building of public or semipublic good in order to equip the innovative idea with a "codebook" (shared codes, tests, and "grammar of usage") and to reveal its economic potential. They emphasize the role of knowing communities as the active units in the dynamic process of invention and discuss some of the consequences in two domains of application: property rights and creative clusters.

Keywords: Tacit Knowledge; Innovative Idea; Creative Idea; Boundary Spanner; Epistemic Community (search for similar items in EconPapers)
Date: 2013
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Published in Peter Meusburger; Johannes Glückler; Martina Meskioui. Knowledge and the economy, 5, Springer Verlag, pp.43-59, 2013, Knowledge and Space, 978-94-007-6131-5. ⟨10.1007/978-94-007-6131-5_3⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01771692

DOI: 10.1007/978-94-007-6131-5_3

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