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The European challengeInnovation, policy learning and social cohesion in the new knowledge economy$
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Graham Room

Print publication date: 2005

Print ISBN-13: 9781861347398

Published to Policy Press Scholarship Online: March 2012

DOI: 10.1332/policypress/9781861347398.001.0001

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Globalisation and the knowledge economy

Globalisation and the knowledge economy

(p.151) Ten Globalisation and the knowledge economy
The European challenge

Graham Room

Policy Press

This chapter explains that the development of the new knowledge-based economy is intimately bound up with the process of globalisation. It defines globalisation as the organisation of economic, social, or other activity in terms which transcend national boundaries. It notes that globalisation is only one element in the reorganisation of space that has been under way in recent decades. This chapter focuses on globalisation and the new economy, with the additional dimensions of spatial reorganisation.

Keywords:   globalisation, knowledge economy, economic activity, social activity, national boundaries, new economy, spatial reorganisation

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