Can ideas be capital? Factors of production in the postindustrial economy: A review and critique

• 成果类型: Article; Proceedings Paper
• 署名作者: Dean, Alison; Kretschmer, Martin
• 署名单位: University of Kent; Bournemouth University
• 刊物名称: ACADEMY OF MANAGEMENT REVIEW
• ISSN/ISSBN: 0363-7425
• 发表日期: 2007
• 页码: 573-594
• 关键词: investment; KNOWLEDGE; income

摘要

Economic and social relations are undergoing radical change, expressed in such concepts as knowledge economy, weightless economy, postindustrial society, and Information society. The literature suggests the arrival of a distinct new factor of production-intellectual capital-replacing or perhaps supplementing land, labor, and capital. We give a historically informed theoretical exposition of capital as the durable result of past production processes, transforming future production while not being transformed itself and associated with a particular economic actor. We then construct a taxonomy of the possible characteristics and location of intellectual capital in postindustrial production.