Science and Technology Studies Commons^™

The Pursuit Of Innovation: An Analysis Of International Competitive Advantage In A Globalized Knowledge Economy, Tanay Gupte

CMC Senior Theses

With the advent of the internet age, the way in which global society interacts with technology has changed dramatically. The instantaneous availability of information and connectivity, signal the rise of a knowledge economy. This is a system in which the most valuable resource, to nations and private enterprise, is knowledge. This thesis argues that value is created through knowledge flows, which result in innovation and technological advancement. This technological advancement is the primary determinant of a nation’s global competitive advantage in a globalized knowledge economy. This thesis then posits that these innovations are fostered by institutional, social, cultural, economic, and …