Notebooks
Knowledge and Intelligence as Factors of Production
05 Aug 2009 16:55
Recommended:
- Zvi Griliches, R& D, Education, and Productivity: A Retrospective
- Jack Hirshleifer, "The Private and Social Value of Information and
the Reward to Inventive Activity", American Economic Review
61 (1971): 561--574
[JSTOR]
To read:
- Gar Alperovitz and Lew Daly, Unjust Deserts: How the Rich Are Taking Our Common Inheritance [Blurb]
- T. Di Matteo, T. Aste and M. Gallegati, "Innovation flow through
social networks: Productivity distribution", physics/0406091 [Those look an
awful lot like log-normals to me.]
- Dominique Foray, The Economics of Knowledge
[blurb]
- Joel Mokyr, The Gifts of Athena: Historical Origins of the Knowledge Economy
- Giovanni Peri, "Determinants of Knowledge Flows and Their Effect on
Innovation", Review
of Economics and Statistics 87 (2005): 308--322
- Mike Rose, The Mind at Work: Valuing the Intelligence of
the American Worker
- Nicole J. Saam, "The Role of Consumers in Innovation Processes in
Markets", Rationality and
Society 17 (2005): 343--380 ["What is the effect of
the fallible knowledge of consumers on knowledge accumulation in markets? This
is the question which this article investigates based on Hayek¡Çs evolutionary
concept of competition as a discovery procedure and of Popper¡Çs concept of
fallible knowledge. The article presents results from a simulation model. It
tests the hypothesis that the growth rate of knowledge accumulation of an
industry should decrease with the increase in fallible knowledge of
consumers. Surprisingly, under certain conditions, the growth rate of knowledge
accumulation of an industry increases with the increase in fallible knowledge
of consumers."]
