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Innovation and globalization are changing the nature of economic life. This book argues that the transfer and use of knowledge requires the development of appropriate institutional infrastructures. The opportunities offered by globalization will only be fully realized by actively pursuing policies to enhance the absorption and development of knowledge. The book is relevant for courses in management and business, economics, geography, international political economy, and innovation and technology studies. It will be of interest to all concerned with public policy toward the economy.

Innovation and globalization are changing the nature of economic life. This book argues that the transfer and use of knowledge requires the development of appropriate institutional infrastructures. The opportunities offered by globalization will only be fully realized by actively pursuing policies to enhance the absorption and development of knowledge. The book is relevant for courses in management and business, economics, geography, international political economy, and innovation and technology studies. It will be of interest to all concerned with public policy toward the economy.