On networks of knowledge and industry

-As long as we could rely on the idea that investments in research automatically lead to technical development, which in turn provides economic growth, the question of industrial dynamic was easier to deal with, writes Alexandra Waluszewski, Associate Professor in Business Studies in the magazine Axess.
Today we increasingly see attempts to create relations between those who "produce knowledge" and those who "produce products". The basic prescription said that the localisation of a university a certain region would cause enterprise to blossom there. Today we know that the question is more complex, Waluszewski continues. Research shows that production of knowledge does not automatically lead to economic growth. Research has to be removed from its isolated existence and connected to units which know how to exploit it.

Read more at Axess.
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