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What is Knowledge Economies

Handbook of Research on Entrepreneurship in the Contemporary Knowledge-Based Global Economy
Born as a result of the Information and Communication Technologies, this type of economy is characterized by the use of knowledge as a crucial production factor to obtain first-order competitive advantages based on R&D and innovation.
Published in Chapter:
Solidarity Entrepreneurship in Knowledge Economies: Keys for a New Paradigm for Developing Countries
José Manuel Saiz-Alvarez (TEC de Monterrey, Mexico & Nebrija University, Spain)
DOI: 10.4018/978-1-4666-8798-1.ch008
Abstract
Solidarity Entrepreneurship is a new economic paradigm characterized by public-private cooperation to fight poverty. The objective of this chapter is to introduce new concepts and classifications to analyze this paradigm. To cope with this goal, the main Pro-Poor Growth Indexes are described, but they are insufficient to eliminate, or at least reduce, poverty. After being warned about the dangers between the generation of poverty and the rise of populism, the author proposes four solutions to avoid this problem: the development of solidarity entrepreneurs, strengthening education in entrepreneurship, boosting the venture partnership, and increasing the amount approved for the Official Development Aid. The work ends with a conclusion and future research directions.
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