Advertisement

Introduction

  • Mitt Nowshade Kabir
Chapter
Part of the Palgrave Studies in Democracy, Innovation, and Entrepreneurship for Growth book series (DIG)

Abstract

This chapter gives a summary of the subjects covered in this book. It explains how and why the knowledge economy emerged and what is its importance to today’s world. It explains reasons for the resurgence of entrepreneurship as a primary force behind economic growth and social prosperity. In the knowledge economy, technology and new knowledge bolstered by the human ingenuity and innovativeness have instigated the acceleration of wealth creation. However, some of the most pressing social challenges have still remained unresolved. The chapter gives a short review of knowledge, innovation, technology, and their impact on the knowledge economy and entrepreneurship. It also defines what knowledge-based social entrepreneurship is, the causes behind its rise, and how it is already becoming instrumental in solving many social issues.

References

  1. Acs, Z. J., Szerb, L., & Lloyd, A. (2017). The global entrepreneurship and development index. In Global entrepreneurship and development index 2017 (pp. 29–53). Cham: Springer.CrossRefGoogle Scholar
  2. Aldrich, H. (1999). Organizations evolving. Thousand Oaks, CA: Sage.Google Scholar
  3. Alvaredo, F., Chancel, L., Piketty, T., Saez, E., & Zucman, G. (2018). The elephant curve of global inequality and growth. In AEA Papers and Proceedings (Vol. 108, pp. 103–108).CrossRefGoogle Scholar
  4. Atamer, T., & Torrès, O. (2008). Modèles d’entrepreneuriat et mondialisation. L’Art d’entreprendre (pp. 29–37). Paris: Editions Village Mondial.Google Scholar
  5. Audretsch, D. B. (2004). Sustaining innovation and growth: Public policy support for entrepreneurship. Industry and Innovation, 11(3), 167–191.CrossRefGoogle Scholar
  6. Audretsch, D. B., & Thurik, A. R. (2001). What’s new about the new economy? Sources of growth in the managed and entrepreneurial economies. Industrial and Corporate Change, 10(1), 267–315.CrossRefGoogle Scholar
  7. Becker, G. S. (1964). Human capital theory. New York: Columbia University Press.Google Scholar
  8. Brock, W. A., & Evans, D. S. (1989). Small business economics. Small Business Economics, 1(1), 7–20.CrossRefGoogle Scholar
  9. Cantillon, R. (1931) (originally c. 1755).  Essai Sur la Nature du Commerce en General (H. Higgs, Ed. & Trans.). London: Macmillan.Google Scholar
  10. Caprara, G. V., & Cervone, D. (2000). Personality: Determinants, dynamics, and potentials. New York, NY: Cambridge University Press.Google Scholar
  11. Castells, M. (1997). Power of identity: The information age—Economy, society, and culture. Oxford: Blackwell.Google Scholar
  12. Chen, D., & Dahlman, C. (2005). The knowledge economy, the KAM methodology and World Bank operations. Washington, DC: World Bank.Google Scholar
  13. Crespi, G., & Zuniga, P. (2012). Innovation and productivity: Evidence from six Latin American countries. World Development, 40(2), 273–290.CrossRefGoogle Scholar
  14. De Stefano, V. (2016). The rise of the “just-in time workforce”: On demand work, crowdwork, and labor protection in the “gig economy”. Comparative labor law and policy journal, 37(3), 461–471.Google Scholar
  15. Drucker, P. F. (1969). The age of discontinuity. London: Heinemann.CrossRefGoogle Scholar
  16. Drucker, P. F. (2014). Innovation and entrepreneurship. New York: Routledge.CrossRefGoogle Scholar
  17. Enachi, M. (2009). The knowledge—As production factor. Studies and Scientific Researches—Economics Edition, 14, 39–43.Google Scholar
  18. Gartner, W. B. (1988). “Who is an entrepreneur?” Is the wrong question. American Journal of Small Business, 12(4), 11–32.CrossRefGoogle Scholar
  19. Gartner, W. B. (1989). Some suggestions for research on entrepreneurial traits and characteristics. Entrepreneurship Theory and Practice, 14(1), 27–38.CrossRefGoogle Scholar
  20. Gartner, W. B. (2001). Is there an elephant in entrepreneurship? Blind assumptions in theory development. Entrepreneurship Theory and Practice, 25(4), 27–39.CrossRefGoogle Scholar
  21. Garud, R., & Karnøe, P. (2003). Bricolage versus breakthrough: Distributed and embedded agency in technology entrepreneurship. Research Policy, 32(2), 277–300.CrossRefGoogle Scholar
  22. Harborne, P., & Johne, A. (2003). Creating a project climate for successful product innovation. European Journal of Innovation Management, 6(2), 118–132.CrossRefGoogle Scholar
  23. Houghton, J., & Sheehan, P. (2000). A primer on the knowledge economy. Melbourne: Centre for Strategic Economic Studies.Google Scholar
  24. Hutton, G., & Chase, C. (2016). The knowledge base for achieving the sustainable development goal targets on water supply, sanitation and hygiene. International Journal of Environmental Research and Public Health, 13(6), 536.CrossRefGoogle Scholar
  25. Jessop, B. (2000). The crisis of the national spatio-temporal fix and the tendential ecological dominance of globalizing capitalism. International Journal of Urban and Regional Research, 24(2), 323–360.CrossRefGoogle Scholar
  26. Jones-Evans, D. (1995). A typology of technology-based entrepreneurs: A model based on previous occupational background. International Journal of Entrepreneurial Behavior & Research, 1(1), 26–47.CrossRefGoogle Scholar
  27. Kilian, L. (2009). Not all oil price shocks are alike: Disentangling demand and supply shocks in the crude oil market. American Economic Review, 99(3), 1053–1069.CrossRefGoogle Scholar
  28. Kirzner, I. M. (2015). Competition and entrepreneurship. Chicago and London: University of Chicago Press.Google Scholar
  29. Knowledge Economy Index. (2012). Rankings (KEI). World Bank. Retrieved from ​http://siteresources.worldbank.org/INTUNIKAM/Resources/2012.pdf.
  30. Liu, P. L., Chen, W. C., & Tsai, C. H. (2005). An empirical study on the correlation between the knowledge management method and new product development strategy on product performance in Taiwan’s industries. Technovation, 25(6), 637–644.CrossRefGoogle Scholar
  31. Low, M. B. (2001). The adolescence of entrepreneurship research: Specification of purpose. Entrepreneurship Theory and Practice, 25(4), 17–26.CrossRefGoogle Scholar
  32. Mara, D., Lane, J., Scott, B., & Trouba, D. (2010). Sanitation and health. PLoS Medicine, 7(11), e1000363.CrossRefGoogle Scholar
  33. Margolis, J. D., & Walsh, J. P. (2003). Misery loves companies: Rethinking social initiatives by business. Administrative Science Quarterly, 48(2), 268–305.CrossRefGoogle Scholar
  34. OECD. (1996). Centre for Educational Research and Innovation (CERI). Education at a glance: OECD indicators 1996. Paris, France: OECD.Google Scholar
  35. Pelling, M. (2012). The vulnerability of cities: Natural disasters and social resilience. London: Routledge.Google Scholar
  36. Powell, W. W., & Snellman, K. (2004). The knowledge economy. Annual Review of Sociology, 30, 199–220.CrossRefGoogle Scholar
  37. Rauch, A., & Frese, M. (2000). Psychological approaches to entrepreneurial success: A general model and an overview of findings. International Review of Industrial and Organizational Psychology, 15, 101–142.Google Scholar
  38. Richter, F. J., & Teramoto, Y. (1995). “Interpreneurship”: A new management concept from Japan. In Management and international review (pp. 91–104). Wiesbaden: Gabler Verlag.CrossRefGoogle Scholar
  39. Say, J. B. (1816). Catechism of political economy, or, familiar conversations on the manner in which wealth is produced, distributed, and consumed in society (No. 1). London: Sherwood, Neely, and Jones.Google Scholar
  40. Schumpeter, J. A. (1934). The theory of economic development: An inquiry into profits, capital, credit, interest, and the business cycle. New York: Oxford University Press.Google Scholar
  41. Schumpeter, J. A. (1936). The general theory of employment, interest and money. Journal of the American Statistical Association, 31, 791–795.CrossRefGoogle Scholar
  42. Shane, S. A. (2003). A general theory of entrepreneurship: The individual-opportunity nexus. Cheltenham: Edward Elgar.Google Scholar
  43. Shane, S., & Venkataraman, S. (2000). The promise of entrepreneurship as a field of research. Academy of Management Review, 25(1), 217–226.Google Scholar
  44. Social Enterprise U. K. (2017). The future of business, state of social enterprise survey 2017.Google Scholar
  45. Torelli, C. J., Monga, A. B., & Kaikati, A. M. (2011). Doing poorly by doing good: Corporate social responsibility and brand concepts. Journal of Consumer Research, 38(5), 948–963.CrossRefGoogle Scholar
  46. Torres, M. M., & Anderson, M. (2004). Fragile states: Defining difficult environments for poverty reduction. Poverty Reduction in Difficult Environments Team Policy Division, UK Department for International Development.Google Scholar
  47. Venkataraman, S. (1997). The distinctive domain of entrepreneurship research. Advances in Entrepreneurship, Firm Emergence and Growth, 3(1), 119–138.Google Scholar
  48. Vesper, K. H., & Gartner, W. B. (1997). Measuring progress in entrepreneurship education. Journal of Business Venturing, 12(5), 403–421.CrossRefGoogle Scholar
  49. Whitmore, T. C., & Sayer, J. A. (Eds.). (1992). Tropical deforestation and species extinction (No. 333.75137 T7). London: Chapman & Hall.Google Scholar
  50. Zhao, H., & Seibert, S. E. (2006). The Big Five personality dimensions and entrepreneurial status: A meta-analytical review. Journal of Applied Psychology, 91(2), 259.CrossRefGoogle Scholar

Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Mitt Nowshade Kabir
    • 1
  1. 1.North YorkCanada

Personalised recommendations