Global Knowledge Flows and Economic Development

image of Global Knowledge Flows and Economic Development

Global knowledge flows are becoming a key driver of economic development.  How can countries develop effective policies to reap benefits? This report aims to answer this question and highlights these key areas: promoting cross-border alliances involving firms and universities; simulating knowledge transfers from foreign direct investment ventures; attracting highly-skilled workers from overseas and creating vibrant innovation systems.  This book, published in collaboration with Scottish Enterprise, is for policy makers, practitioners and academics.

English Also available in: French

Integrating Global Knowledge Flows for Generative Growth in Scotland

Life Sciences as a Knowledge Economy Exemplar

The stimulation of entrepreneurship in knowledge-intensive industries is the focus of this chapter. Intermediary technology transfer agencies are considered critical to identifying and helping fund exploitable research and securing its commercialisation in new firms. Strategies to build the life sciences sector are highlighted as an example of how to meet the challenges of the knowledge economy. Recommended actions including increasing research funding and university training in the sector, raising awareness of existing talent amongst potential inward investors, seeking to commercialise innovation in new firms, encouraging networking and knowledge transfer in the sector and helping to access key knowledge from overseas.

English Also available in: French

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