ABSTRACT
How to analyze the knowledge economy? How, in other words, to understand the changing and extending role of knowledge in the economy? Depending on how one defines ‘knowledge economy’, economies the globe ’round should always have been referred to as knowledge economies (Leydesdorff 2006). As the pace of innovation increases and knowledge assets1 are increasingly recognized as important input in production processes that need to be recognized explicitly and can even be output that even for-profit organizations seek to develop for their own sake, as economic processes increasingly require intended or unintended selforganizing coordination between parties, and where the prospects of firms may be more related to their prospects for future profits based on newly developed goods than on current sales, one may well claim that currently most economically developed economies today can be characterized as a knowledge economy.
