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The Capitalization of Knowledge

A Triple Helix of University–Industry–Government Edited by Riccardo Viale, Università degli Studi di Milano-Bicocca, Italy and Henry Etzkowitz, Stanford University, H-STAR, the Human-Sciences and Technologies Advanced Research Institute, US and the University of Edinburgh Business School, Centre for Entrepreneurship Research, UK
This ground-breaking new volume evaluates the capacity of the triple helix model to represent the recent evolution of local and national systems of innovation. It analyses both the success of the triple helix as a descriptive and empirical model within internationally competitive technology regions as well as its potential as a prescriptive hypothesis for regional or national systems that wish to expand their innovation processes and industrial development. In addition, it examines the legal, economic, administrative, political and cognitive dimensions employed to configure and study, in practical terms, the series of phenomena contained in the triple helix category.
Extent: 368 pp
Hardback Price: £103.00 Web: £92.70
Publication Date: 2010
ISBN: 978 1 84844 114 9
Availability: In Stock
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  • Business and Management
  • Entrepreneurship
  • Knowledge Management
  • Economics and Finance
  • Economics of Innovation
  • Innovation and Technology
  • Economics of Innovation
  • Knowledge Management
In recent years, university–industry–government interactions have come to the forefront as a method of promoting economic growth in increasingly knowledge-based societies.

This ground-breaking new volume evaluates the capacity of the triple helix model to represent the recent evolution of local and national systems of innovation. It analyses both the success of the triple helix as a descriptive and empirical model within internationally competitive technology regions as well as its potential as a prescriptive hypothesis for regional or national systems that wish to expand their innovation processes and industrial development. In addition, it examines the legal, economic, administrative, political and cognitive dimensions employed to configure and study, in practical terms, the series of phenomena contained in the triple helix category.

This book will have widespread appeal amongst students and scholars of economics, sociology and business administration who specialise in entrepreneurship and innovation. Policy-makers involved in innovation, industrial development and education as well as private firms and institutional agencies will also find the volume of interest.
‘. . . this book offers a comprehensive and in-depth exploration of the capitalization of knowledge and the triple helix model. . . this book will undeniably be of interest to widespread audiences of students and scholars with backgrounds in higher education, entrepreneurship and innovation. Policy makers, business managers, and researchers involved in innovation, industrial development and education will also find in this book an indispensable guidepost and comprehensive and authoritative insights into crucial issues of a knowledge-based economy.’
– Soo Jeung Lee and Thanh Ha Ngo, Higher Education

‘. . . this book adds welcome breadth, but especially depth, to the triple helix idea.’
– Paul Temple, London Review of Education

‘This book is an authoritative confirmation of the critical role that knowledge plays in economic transformation. It is an indispensable roadmap for new research programmes and a guidepost for policy makers around the world.’
– Calestous Juma, Harvard Kennedy School, US

‘How to use – and capitalize – knowledge for the benefit of society has become even more urgent in the present financial and economic crisis. This book embraces the tensions inherent in the complex governance of research and innovation. It argues for strategies appropriate to the behaviour of complex adaptive systems in an evolutionary mode, thereby highlighting in a timely manner the necessary fit between organizational forms and the epistemological structure of knowledge in the overall context of a fertile investment climate.’
– Helga Nowotny, European Research Council, WWTF Vienna Science and Technology Fund, Austria

‘In the 21st century, economic and social development depends increasingly on knowledge rather than labour and capital. This book examines how knowledge is exploited through the development of innovations that yield economic and other benefits. The authors, who include leading figures from the field of innovation studies, look in particular at the growing links between universities, government and industry and the evolving “triple helix” relationship as they attempt to develop more effective means for capitalizing on knowledge. The book will be of considerable interest to policy-makers and to senior managers in industry and universities as well as to innovation scholars.’
– Ben Martin, University of Sussex, UK
Contributors: C. Antonelli, P. Cooke, S. Davenport, P.A. David, W. Dolfsma, G. Dosi, H. Etzkowitz, A. Gambardella, B. Godin, B.H. Hall, C. Lanciano-Morandat, S. Leitch, L. Leydesdorff, M. Luna, L. Marengo, J.S. Metcalfe, C. Pasquali, M. Teubal, G. Van der Panne, J.L. Velasco, E. Verdier, R. Viale
Contents:

Introduction: Anti-cyclic Triple Helix
Riccardo Viale and Henry Etzkowitz

PART I: HOW TO CAPITALIZE KNOWLEDGE
1. Knowledge-driven Capitalization of Knowledge
Riccardo Viale

2. ‘Only Connect’: Academic–Business Research Collaborations and the Formation of Ecologies of Innovation
Paul A. David and J. Stanley Metcalfe

3. Venture Capitalism as a Mechanism for Knowledge Governance
Cristiano Antonelli and Morris Teubal

4. How Much Should Society Fuel the Greed of Innovators? On the Relations between Appropriability, Opportunities and Rates of Innovation
Giovanni Dosi, Luigi Marengo and Corrado Pasquali

5. Global Bioregions: Knowledge Domains, Capabilities and Innovation System Networks
Philip Cooke

6. Proprietary versus Public Domain Licensing of Software and Research Products
Alfonso Gambardella and Bronwyn H. Hall

PART II: TRIPLE HELIX IN THE KNOWLEDGE ECONOMY
7. A Company of their Own: Entrepreneurial Scientists and the Capitalization of Knowledge
Henry Etzkowitz

8. Multi-level Perspectives: A Comparative Analysis of National R&D Policies
Caroline Lanciano-Morandat and Eric Verdier

9. The Role of Boundary Organizations in Maintaining Separation in the Triple Helix
Sally Davenport and Shirley Leitch

10. The Knowledge Economy: Fritz Machlup’s Construction of a Synthetic Concept
Benoît Godin

11. Measuring the Knowledge Base of an Economy in Terms of Triple-Helix Relations
Loet Leydesdorff, Wilfred Dolfsma and Gerben Van der Panne

12. Knowledge Networks: Integration Mechanisms and Performance Assessment
Matilde Luna and José Luis Velasco

Index