University and business relations: Connecting the knowledge economy

Metcalfe, J. Stanley (2010) University and business relations: Connecting the knowledge economy. Minverva, 48 1: 5-33. doi:10.1007/s11024-010-9140-4

Author Metcalfe, J. Stanley
Title University and business relations: Connecting the knowledge economy
Journal name Minverva   Check publisher's open access policy
ISSN 0026-4695
Publication date 2010-03
Sub-type Article (original research)
DOI 10.1007/s11024-010-9140-4
Open Access Status
Volume 48
Issue 1
Start page 5
End page 33
Total pages 29
Place of publication Dordrecht, The Netherlands
Publisher Springer Netherlands
Collection year 2011
Language eng
Abstract It is commonplace to say that the modern economy is knowledge based but a moment’s reflection points to the vacuity of this notion. For all economies are knowledge based and could not be otherwise. The question is rather how is one kind of knowledge based economy to be distinguished from another? This essay proposes that the answer may lie in three directions: (1) in terms of the variety of knowledge that is engaged; (2) in terms of the processes by which the production of knowledge is organised, and its corollary the resources devoted to knowledge production and dissemination; and, (3) in terms of the purposes to which knowledge is put. In respect of each of these dimensions, the rise of the modern university as a custodian of knowledge in Western economy and society has been of central importance; but universities are not alone in this role, a wide range of other agencies, private firms, public research laboratories for instance play an important role in defining a knowledge economy and have done so increasingly since the turn of the nineteenth century—a first indication of the systemic dimensions of a modern knowledge economy. © 2010 Springer Science+Business Media
Keyword Universities, businesses
Knowledge economy
Q-Index Code C1
Q-Index Status Confirmed Code
Institutional Status UQ
Additional Notes Special Issue: Universities in the new knowledge landscape. Tensions, challenges, change

Document type: Journal Article
Sub-type: Article (original research)
Collection: Official 2011 Collection
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Citation counts: TR Web of Science Citation Count  Cited 7 times in Thomson Reuters Web of Science Article | Citations
Scopus Citation Count Cited 14 times in Scopus Article | Citations
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Created: Sun, 25 Apr 2010, 00:02:05 EST