Creating Scientific Knowledge
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Creating Scientific Knowledge

Creating Scientific Knowledge


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About the Book

This fascinating book explores the role of public and private external innovation in enhancing the creation of scientific knowledge. Albert Link explores how external knowledge innovation leads to the creation of scientific knowledge, which in turn results in the spillover of scientific knowledge into society.


Link evaluates empirical information from knowledge-intensive entrepreneurial firms as well as smaller firms that received research funding through small business innovation research programs. He compares and contrasts the two, analyzing key topics including commercialization, patenting, scientific publishing, university knowledge innovation and human and technical capital. Drawing on cluster theory, the book highlights the evolutionary nature of knowledge sources and concepts. It calls for future research to address the economics of knowledge, and to develop a more complete model of its generation as a circular process, achieved through the recombination of existing knowledge items.


Scholars and students of economics, innovation studies, technology policy and public policy will benefit from this book’s insights. Creating Scientific Knowledge is also an essential read for global policy makers interested in how the spillover of scientific knowledge can benefit society.



About the Author :
Albert N. Link, Professor Emeritus and former Virginia Batte Phillips Distinguished Professor of Economics, University of North Carolina at Greensboro, USA

Review :
‘Economists and policy analysts have demonstrated the opportunity of translating scientific discovery into economic benefits. Here Albert Link thoughtfully shows how different institutions - government, universities, and companies - contribute to this transformation. This is a required reference for scholars and public servants alike who seek to accelerate growth through translational research.’ ‘For generations, the origins of innovation have remained an enduring mystery. In Creating Scientific Knowledge, Al Link offers a compelling and rigorous account of how innovation emerges from the creation and application of scientific knowledge. This groundbreaking work explains where innovation begins, why it flourishes in different contexts, and how science underpins its evolution. A must-read for scholars, policymakers, and business leaders seeking to understand and advance the dynamics of innovation.’ ‘Albert Link has long stood at the forefront of the economics of innovation, and this volume represents a capstone to decades of pioneering scholarship. Creating Scientific Knowledge offers a masterful synthesis of how public and private actors together shape the creation, diffusion, and recombination of knowledge. Combining rigorous empirical analysis with deep institutional insight, Link shows why the boundaries between science, technology, and entrepreneurship have never been more intertwined. This book will become essential reading for anyone seeking to understand how knowledge truly drives economic progress.’


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Product Details
  • ISBN-13: 9781035345441
  • Publisher: Edward Elgar Publishing Ltd
  • Publisher Imprint: Edward Elgar Publishing Ltd
  • ISBN-10: 1035345447
  • Publisher Date: 28 Apr 2026


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