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Summary
Evolution of technology involves the co-evolution of “public good”, “generic knowledge” and specific practices.
Public Institutions
Trade-off
Mis points
Notes:
Public Institutions, like Universities are the essential part for generic knowledge.
There is a trade-off between degree of public and proprietary and this can be handled by division of labor largely.
But there are some mis-points on this solution.
Generic Knowledge is created as a by-product (yan urun) of creating new products and processes.
Advancing generic knowledge depends the work in it oneself.
University scientists share a common training and belong to the same professional associations.