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Knowledge Capital (knowledge + capital)
Selected AbstractsAn environment for prosperity and quality living accommodating growth in the Thames ValleyCORPORATE SOCIAL RESPONSIBILITY AND ENVIRONMENTAL MANAGEMENT, Issue 1 2004Hugh Howes The Thames Valley is seen as the powerhouse of the British economy, and one of the best performing regions in Europe. This economic base offers opportunities for expansion with the potential for it to become the knowledge capital of Europe. Business interests view the area as a highly desirable location, not only because of its markets, skills and proximity to the City and Heathrow but also because of its high quality environment. Companies, however, complain of skills shortages, traffic congestion, lack of suitable premises and housing that is affordable to the workforce. Much of the Thames Valley is either Green Belt or Areas of Outstanding Natural Beauty. Furthermore, the availability of future water supplies, the maintenance of the quality of water in the rivers and managing flood risk are also likely to act as constraints on development in the future. How economic growth is to be achieved with minimal additional development and without detriment to the environment is the central question that is likely to dominate planning in the this region over the next few years. Is it possible to achieve more with existing resources? Copyright © 2004 John Wiley & Sons, Ltd and ERP Environment. [source] Does Entrepreneurship Capital Matter?ENTREPRENEURSHIP THEORY AND PRACTICE, Issue 5 2004David B. Audretsch Economics has identified three types of capital as the drivers of economic growth,physical capital, human capital, and knowledge capital. This article introduces the concept of entrepreneurship capital and suggests that it is also an important factor shaping the economic performance of an economy. We define entrepreneurship capital as those factors influencing and shaping an economy's milieu of agents in such a way as to be conducive to the creation of new firms. The hypothesis that entrepreneurship capital is positively linked to economic growth is then tested by examining the relationship between several different measures of entrepreneurship capital and regional economic performance, measured as per-capita income for Germany. The empirical evidence suggests that there is indeed a positive link between entrepreneurship capital and regional economic performance. These results suggest a new direction for public policy that focuses on instruments to enhance entrepreneurship capital. [source] INTERREGIONAL KNOWLEDGE SPILLOVERS AND OCCUPATIONAL CHOICE IN A MODEL OF FREE TRADE AND ENDOGENOUS GROWTH,JOURNAL OF REGIONAL SCIENCE, Issue 5 2009Colin R. Davis ABSTRACT A two region model of horizontal innovation with free trade and occupational choice is used to examine the spatial patterns of innovation and manufacturing industry in interior and core-periphery long-run equilibria. The inclusion of skill heterogeneity among workers creates a tension between stabilizing productivity effects that coincide with reallocations of workers across industries, and destabilizing productivity effects that arise with localized stocks of knowledge capital. We find that while core-periphery equilibria are always saddlepath stable, interior equilibria are saddlepath stable when knowledge spillovers exceed a threshold level but are unstable otherwise. In addition, incorporating skill heterogeneity into the model allows for interior equilibria with asymmetric shares for innovation and industry. [source] Environmental practices and the value added of horticultural firmsBUSINESS STRATEGY AND THE ENVIRONMENT, Issue 6 2004José Céspedes-Lorente This paper explores the relationship between environmental management and productivity in the fruit and vegetable sector. Our empirical analysis focuses on the effect of environmental practices on the value added in horticultural firms of Andalusia. These practices are included in the incentive programmes established by the Common Agricultural Policy on a voluntary basis. Taking the investment in environmental activities as knowledge capital, we propose a specific analysis that evaluates the effect of the factors of the production function on the value added. Our results show a positive overall impact of environmental investment on the product's market value. We conclude that there is a direct link between environmental management and productivity in the sector under study. Copyright © 2004 John Wiley & Sons, Ltd and ERP Environment. [source] |