Jump to ContentJump to Main Navigation
The Globalizing Learning Economy$
Users without a subscription are not able to see the full content.

Daniele Archibugi and Bengt-Åke Lundvall

Print publication date: 2002

Print ISBN-13: 9780199258178

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0199258171.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 13 October 2019

The New Economy: A European Perspective

The New Economy: A European Perspective

Chapter:
(p.21) 1 The New Economy: A European Perspective
Source:
The Globalizing Learning Economy
Author(s):

Luc Soete

Publisher:
Oxford University Press
DOI:10.1093/0199258171.003.0002

In this chapter, the account of the emergence of the new learning economy is based on research carried out within the framework of the European Commission's Targeted Socio–Economic Research (TSER) project ‘Technology and Employment’. In the first section, some aggregate economic evidence is briefly reviewed that shows a remarkable divergence in growth pattern between the USA, and Europe and Japan over the last decade. In the second section, some of the main new features of the economy as identified by Business Week (globalization and digitization) are reviewed. The third section discusses the challenges posed to traditional economic concepts, and in particular, to the functioning of markets by a more open, immaterial economy in which value generation is less related to material production than to information content, distribution, and consumer interaction. Lastly, some policy conclusions are drawn.

Keywords:   digitization, economic growth, Europe, globalization, information, Japan, learning economy, markets, USA

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .