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European
Economic Perspectives 22
The
Economics of the Knowledge Driven Economy
On 27 January 1999,
CEPR held a conference with the UK Department of Trade and Industry
(DTI) on the economics of the knowledge driven economy. The starting
point for the discussion was the UK government’s Competitiveness White
Paper published
at the end of 1998, Our Competitive Future: Building the Knowledge
Driven Economy. The conference
explored the meaning of the knowledge driven economy; what the growing
importance of knowledge implies for industrial structure, for national
economic performance, and for the sources of competitive advantage for
both firms and nations; and how government policy should be directed
towards building UK capabilities, facilitating collaboration within and
between businesses, and encouraging competition. A full report appears
in CEPR’s Bulletin No.74.
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