Measuring knowledge economy: towards an institutional approach.
##plugins.themes.bootstrap3.article.main##
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.
##plugins.themes.bootstrap3.article.details##
Section
Articles
Authors contributing to Public Policy and Administration agree to publish their articles under a Creative Commons Attribution-NoDerivatives 4.0 International Public (CC BY-NC-ND) License, allowing third parties to share their work (copy, distribute, transmit) and to adapt it, under the condition that the authors are given credit, and that in the event of reuse or distribution, the terms of this licence are made clear.
