ABSTRACT
This chapter takes these notions as a starting point for developing a broader view of economic knowledge, which is expressed below in the star of knowledge and interpretation. Asking about worldwide knowledge' in the context of global firms, local labour and regional development quickly leads to economic knowledge as the key issue and relevant type of knowledge. Economic knowledge is commonly characterised as commodity, resource and capital, in contributions from fields as diverse as economic geography, regional sciences, economics, management studies and social sciences. Economic knowledge is knowledge which is bought, sold, transferred and partially stored in various arrangements. The trade in knowledge is not restricted to knowledge-intensive business services. Manufacturing companies also sell product-related know-how. Apart from knowledge as a commodity, knowledge as a resource has become a popular view in the last decades in organisational science and economic geography. The analysis of knowledge needs to differentiate between subjective and objectified knowledge.
