"Being a winner in the knowledge economy : The case of Canada"

 

André Richelieu
Ph.D. Candidate, UQAM, Montréal
 

 

The knowledge economy is among us. Fuelled by the computer revolution, the knowledge economy has made knowledge the most important asset in developing a comparative or competitive advantage. Intellectual capital is one approach to study the knowledge economy and dissect knowledge. It is made of three components, namely human, structural and customer capital. Considering that knowledge is a valuable resource that can be transmitted, six economic paradigms have been used to analyse the knowledge economy and establish some points of reference at the country, regional and firm levels. These economic paradigms help us understand some of the issues Canada and Canadian firms face in the "regime change". Also, they enable us to undertake some questioning of the country’s industrial priorities and international trade orientations. If opportunities exist, and Canada can take its place as it deserves in the international trade tournament, the "organised disorganisation" that prevails now prohibits us from taking anything for granted.

 

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