Institutional Learning and Knowledge Transfer Across Epistemic Communities : New Tools of Global Governance

Elias G. Carayannis

ISBN 10: 1461415500 / ISBN 13: 9781461415503

Verlag: Springer New York, Springer US, 2011

Beschreibung

Druck auf Anfrage Neuware - Printed after ordering - Over the past several decades, as the pace of globalization has accelerated, operational issues of international coordination have often been overlooked. For example, the global financial crisis that began in 2007 is attributed, in part, to a lack of regulatory oversight. As a result, supranational organizations, such as the G-20, the World Bank, and the International Monetary Fund, have prioritized strengthening of the international financial architecture and providing opportunities for dialogue on national policies, international co-operation, and international financial institutions.Prevailing characteristics of the global economic systems, such as the increasing power of financial institutions, changes in the structure of global production, decline in the authority of nation-states over their national economy, and creation of global institutional setting, e.g., global governance have created the conditions for a naturally evolving process towards enabling national epistemic communities to create institutions that comply with global rules and regulations can control crises. In this context, transfer of technical knowledge from the larger organizations and its global epistemic communities to member communities is becoming a policy tool to 'convince' participants in the international system to have similar ideas about which rules will govern their mutual participation. In the realm of finance and banking regulation, the primary focus is on transfer of specialized and procedural knowledge in technical domains (such as accounting procedures, payment systems, and corporate governance principles), thereby promoting institutional learning at national and local levels. In this volume, the authors provide in-depth analysis of initiatives to demonstrate how this type of knowledge generated at the internationalorganization level, is codified into global standards, and disseminated to members, particularly in the developing world, where the legal and regulatory infrastructure is often lacking. They argue that despite the challenges, when a country intends to join the global system, its institutions and economic structures need to move toward the global norms. In so doing, they shed new light on the dynamics of knowledge transfer, financial regulation, economic development, with particular respect to supporting global standards and avoiding future crises.

Bestandsnummer des Verkäufers 9781461415503

Bibliografische Details

• Titel: Institutional Learning and Knowledge Transfer Across Epistemic Communities : New Tools of Global Governance
• Verlag: Springer New York, Springer US
• Erscheinungsjahr: 2011
• Sprache: Englisch
• ISBN-10: 1461415500
• ISBN-13: 9781461415503
• Einband: Buch
• Zustand: Neu
• Abmessungen: 241B x 160 H x 16 T Millimeter Breite: 241 mm, Höhe: 160 mm, Tiefe: 16 mm
• Gewicht: 524 Gramm

Über diesen Titel

Inhaltsangabe

Over the past several decades, as the pace of globalization has accelerated, operational issues of international coordination have often been overlooked.  For example, the global financial crisis that began in 2007 is attributed, in part, to a lack of regulatory oversight.  As a result, supranational organizations, such as the G-20, the World Bank, and the International Monetary Fund, have prioritized strengthening of the international financial architecture and providing opportunities for dialogue on national policies, international co-operation, and international financial institutions.

Prevailing characteristics of the global economic systems, such as the increasing power of financial institutions, changes in the structure of global production, decline in the authority of nation-states over their national economy, and  creation of global institutional setting, e.g., global governance have created the conditions for a naturally evolving process towards enabling national epistemic communities to create institutions that comply with global rules and regulations can control crises. 

 

In this context, transfer of technical knowledge from the larger organizations and its global epistemic communities to member communities is becoming a policy tool to “convince” participants in the international system to have similar ideas about which rules will govern their mutual participation. In the realm of finance and banking regulation, the primary focus is on transfer of specialized and procedural knowledge in technical domains (such as accounting procedures, payment systems, and corporate governance principles), thereby promoting institutional learning at national and local levels.  In this volume, the authors provide in-depth analysis of initiatives to demonstrate how this type of knowledge generated at the internationalorganization level, is codified into global standards, and disseminated to members, particularly in the developing world, where the legal and regulatory infrastructure is often lacking. 

They argue that despite the challenges, when a country intends to join the global system, its institutions and economic structures need to move toward the global norms.  In so doing, they shed new light on the dynamics of knowledge transfer, financial regulation, economic development, with particular respect to supporting global standards and avoiding future crises. 

Über die Autorin bzw. den Autor

Elias G. Carayannis is Full Professor of Science, Technology, Innovation and Entrepreneurship, as well as co-Founder and co-Director of the Global and Entrepreneurial Finance Research Institute (GEFRI) and Director of Research on Science, Technology, Innovation and Entrepreneurship in the European Union Research Center (EURC) at the School of Business at George Washington University, USA. Carayannis' teaching and research activities focus on the areas of strategic Government-University-Industry R&D partnerships, technology road-mapping, technology transfer and commercialization, international science and technology policy, technological entrepreneurship and regional economic development. Ali Pirzadeh has more than 25 years' experience as an Economist in the fields of Development Economics, Institutional Economics, Macroeconomics, and Transitional Economies. He has taught, researched, and worked with universities, government institutions and international organizations in Eastern Europe, Central Asia and Middle East. Pirzadeh received his PhD in Economics and MS in Economics from University of Washington, his MA in Sociology from University of Massachusetts, and his MEd in Education from Suffolk University.