The Economics of Knowledge
"Despite frequent reference to the knowledge-based economy, there is little common understanding about what makes it work and how knowledge differs from conventional economic resources. In *The Economics of Knowledge*, Dominique Foray gives us a rich, pioneering account of the special economic characteristics of knowledge, how they challenge business management and strategy, and, especially important, implications for public policies toward education, research, and intellectual property."--Brian Kahin, Visiting Professor, University of Michigan, former Senior Policy Analyst, White House Office of Science and Technology Policy