Culture And Diversity In Knowledge Creation

Is the paradise of effortless communication the ideal environment for knowledge creation? Or, can the development of local culture in regions raise knowledge productivity compared to a single region with a unitary culture? In other words, can a real technological increase in the cost of collaboration and the cost of public knowledge flow between regions, resulting in cultural differentiation between regions, increase welfare? In the framework, a culture is a set of ideas held exclusively by residents of a location. In general in the model, the equilibrium path generates separate cultures in different regions. When the authors compare this to the situation where all workers are resident in one region, R & D workers become too homogeneous and there is only one culture.

Provided by: Research Institute of Economy, Trade and Industry (RIETI) Topic: Big Data Date Added: Apr 2011 Format: PDF

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