Measuring knowledge economy

towards an institutional approach

Research output: Contribution to journalArticle

Abstract

The general message of this article is that the standard approach to knowledge economy is becoming increasingly inadequate, because even within the same market system different countries take different paths of social development. The paper argues that formal institutional arrangements, implemented according to EU recommendations and backed by EU financing, merely touch upon the surface of the problem. Therefore, it is necessary to introduce a conceptual and analytical framework and address key issues related to knowledge economy and society. The paper stresses the role of informal institutions, embeddedness, and the concept of social trust.
Original languageEnglish
Pages (from-to)92-101
JournalPublic Policy and Administration
Issue number30
Publication statusPublished - 2009

Fingerprint

Knowledge economy
Financing
Knowledge society
Informal institutions
Social trust
Embeddedness
Institutional arrangements
Social development

Keywords

  • Knowledge society
  • Knowledge economy
  • Institutional theory

Cite this

Measuring knowledge economy : towards an institutional approach . / Zidonis, Zilvinas.

In: Public Policy and Administration, No. 30, 2009, p. 92-101.

Research output: Contribution to journalArticle

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