ABSTRACT
This chapter elaborates on the distinction between information, knowledge and
competence and provides the basic elements of the dynamics of localised knowledge.
It considers information as an input in the process of the creation and use of new
localised knowledge together with the competence of each firm and the amount of
technological communication which flows into the environment. Localised knowledge
consists of the capability to combine the competence, built upon tacit learning
processes, with codified knowledge and to use existing information in the specific
topological contexts of the actions of each agent. This chapter also provides the
basic elements of the role of both internal and external positive feedbacks in the
production of localised knowledge as shaped by the dynamics of learning to learn,
lays down the first elements of an economic topology to study the multidimensional
spaces into which firms’ action is embedded, identifies the role of technological
externalities available in the innovation systems into which each firm is embedded
and considers the notion of intellectual property rights regimes.
