NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

One Ring to Rule Them All? Globalization of Knowledge and Knowledge Creation

Richard B. Freeman

NBER Working Paper No. 19301
Issued in August 2013
NBER Program(s):   LS   PR

This paper directs attention at the globalization of knowledge and knowledge creation as the fundamental global driver of economic outcomes in today's information economy. It documents the globalization of knowledge and spread of scientific research from advanced to developing countries and argues that these developments undermine trade models in which advanced countries invariably have comparative advantage in high tech goods and services; determine the immigration of skilled workers; boosts labor standards; and influences incomes and inequality within and across countries. To the extent that knowledge is the key component in productivity and growth, its spread and creation is the one ring of globalization that rules the more widely studied patterns of trade, capital flows and immigration, per my title.

download in pdf format
   (461 K)

email paper

This paper was revised on February 25, 2014

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w19301

Published: Nordic Economic Policy Review: Globalization, Labour Market Institutions and Wage Structure, 6th Issue, 2013

Users who downloaded this paper also downloaded* these:
Autor, Dorn, and Hanson w21906 The China Shock: Learning from Labor Market Adjustment to Large Changes in Trade
Freeman Does Globalization of the Scientific/Engineering Workforce Threaten U.S. Economic Leadership?
Kerr w19377 U.S. High-Skilled Immigration, Innovation, and Entrepreneurship: Empirical Approaches and Evidence
Snowberg, Wolfers, and Zitzewitz w18222 Prediction Markets for Economic Forecasting
Freeman w11457 Does Globalization of the Scientific/Engineering Workforce Threaten U.S. Economic Leadership?
 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us