Massive application of knowledge in economic activities represents the cornerstone of the New Economy. Knowledge invested in business processes outlines the nucleus of the intellectual capital of both companies and territories. But the quality of the intellectual capital is determined by the...

As every new field of practice, university-business cooperation (UBC) is undergoing growing pains in the search for successful approaches toward linking the scientific and business world. These growing pains are often based on the lack of market-oriented thinking and acting and the focus on...

The object of study is the exchange of knowledge between agents of the private sector and its implications for innovation, social welfare and economic policy. The exchange of knowledge is of great importance, in particular with respect to innovative activity. New Growth Theory for instance...

The economy is experiencing a large shift towards professional services. Markets for these services are characterized by large information asymmetries: the difficulty in providing the necessary advice, the quality of the advice, and whether a problem is solved may all be unobservable. Our...

Although many governments have privatized their agricultural extension services, there is widespread agreement that the public sector still needs to play a role in the “agricultural knowledge market” in order to prevent market failure and other undesirable phenomena. However, appropriate...