"While a Storm is Raging on the Open Sea": Regional Development in a Knowledge-based Economy

Leydesdorff, Loet (2006) "While a Storm is Raging on the Open Sea": Regional Development in a Knowledge-based Economy. Journal of Technology Transfer 31(1):pp. 189-203.

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Abstract

The Triple Helix of university-industry-government relations is elaborated into a systemic model that accounts for interactions among three dimensions. By distinguishing between the respective micro-operations, this model enables us to recombine the “Mode 2” thesis of a new production of scientific knowledge and the study of systems of innovation with the neo-classical perspective on the dynamics of the market. The mutual information in three dimensions provides us with an indicator for the self-organization of the resulting network systems. The probabilistic entropy in this mutual information can be negative in knowledge-based configurations. The knowledge base of an economy can be considered as a second-order interaction effect among interactions at interfaces between institutions and functions in different spheres. Proximity enhances the chances for couplings and, therefore, the formation of technological trajectories. The next-order regime of the knowledge base, however, can be expected to remain pending as selection pressure.

EPrint Type:	Journal Article (Paginated)
Keywords:	systems of innovation
Subjects:	Information Science Science Technology Studies
ID Code:	1093
Deposited On:	23 March 2006
Alternative Locations:	http://users.fmg.uva.nl/lleydesdorff/storm_at_sea/storm_at_sea.pdf
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