#knowledge diffusion

[theswitchproject]

In this paper, we aim to bring the debate on the global productivity slowdown – which has largely been conducted from a macroeconomic perspective – to a more micro-level. We show that a particularly striking feature of the productivity slowdown is not so much a lower productivity growth at the global frontier, but rather rising labour productivity at the global frontier coupled with an increasing labour productivity divergence between the global frontier and laggard (non-frontier) firms.

[theswitchproject]

This book addresses the rising productivity gap between the global frontier and other firms, and identifies a number of structural impediments constraining business start-ups, knowledge diffusion and resource allocation (such as barriers to up-scaling and relatively high rates of skill mismatch).

[isudio]

If knowledge is power, then shared knowledge is power multiplied.

[futuramb]

You can buy anything on the internet – even, until recently, a rocket engine. NASA has since confiscated the engine, which contains technology that could form the basis of missiles as well as spacecraft. But the incident highlights security concerns at the space agency .

This might of course be a security issue, but it is also an important mechanism for spreading knowledge and tools into the hands of individual entrepreneurs and knowledge seeking nerds. The faster the technology development goes, the faster the price depreciates on yesterday's technology, the faster individuals will get their hands on tools that could do interesting stuff, the faster the power is shifting from the institutions to the individuals...