2013 № 4

Knowledge economy: conceptualisation of theory, institutionalization of practice

Abstract:

In article institutional models of evolution of modern economic system are analyzed, terminology specification is carried out. Knowledge economy is treated as the newest stage of institutional evolution of capitalism, historically replacing information economy and capable in the long term to become a basis of cognitive reindustrialization of the leading postindustrial countries. Institutional problems and prospects of formation of knowledge economy in Russia are considered.

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Daniil P.  Frolov — Dr. Sci. (Econ.), Professor, Head of the Marketing and Advertising Department, Volgograd State University (Volgograd, Russian Federation; e-mail: ecodev@mail.ru).

Dildarahon A. Shelestova – Senior lecturer, Marketing and Advertising Department, Volgograd State University (Volgograd, Russian Federation; e-mail: marketech@volsu.ru).