Embracing the Knowledge Economy

Know about the book -

Embracing the Knowledge Economy is written by Gerd Schienstock and published by Edward Elgar Publishing. It's available with International Standard Book Number or ISBN identification 1843769816 (ISBN 10) and 9781843769811 (ISBN 13).

In an astonishingly short period of time, Finland has developed into one of the world's leading knowledge societies whilst retaining a comprehensive welfare state. The book traces this rapid transformation from a resource-based to a knowledge-based society. The authors describe the country's strengths and weaknesses in the new economy and demonstrate how Finland has been able to catch-up with the leading industrial countries by exploiting new techno-organizational opportunities. Experts from different fields provide rich empirical material on Finnish industries, firms, regions and institutions, and the role they have played in the transformation process. The book also details the business and economic restructuring which was required, and explores new trends in the country's science, technology and innovation policy.