The knowledge economy: Key to sustainable development?
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F19%3A50015767" target="_blank" >RIV/62690094:18450/19:50015767 - isvavai.cz</a>
Result on the web
<a href="https://www.sciencedirect.com/science/article/pii/S0954349X18302200" target="_blank" >https://www.sciencedirect.com/science/article/pii/S0954349X18302200</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.strueco.2019.02.003" target="_blank" >10.1016/j.strueco.2019.02.003</a>
Alternative languages
Result language
angličtina
Original language name
The knowledge economy: Key to sustainable development?
Original language description
A perfect storm of resource depletion and environmental degradation looms as the world’s biggest economies are plagued by low or even negative growth rates. The knowledge economy is often presented as a way of a radical societal transformation to achieve both higher and sustainable economic growth, and as a way out of the predicament of increasing resource scarcity and climate disruption. This paper explores the relationship between the knowledge economy index and consecutive economic growth rates along with various indicators of resource consumption to determine the relative success of this supposedly unique mode of economic development. Our findings show the failure of advanced knowledge economies to grow in the post-2008 period. We have not found any evidence of higher resource efficiency of advanced knowledge economies when their resource consumption is assessed using the material footprint. Through comparison of coal and oil consumption with changes in knowledge economy rankings from 1995 to 2012, we found no regular pattern of diminishing reliance on these increasingly scarce and expensive natural resources by successfully developing knowledge economies.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Structural Change and Economic Dynamics
ISSN
0954-349X
e-ISSN
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Volume of the periodical
51
Issue of the periodical within the volume
12
Country of publishing house
NL - THE KINGDOM OF THE NETHERLANDS
Number of pages
10
Pages from-to
291-300
UT code for WoS article
000502887100025
EID of the result in the Scopus database
2-s2.0-85061706178