This paper analyzes the relationships between finance and knowledge which are two major pillars of modern capitalism. The paper starts by showing that the knowledge based economy is nor identical to the information economy, neither to the “new economy” driven by information technology. It is...

In the early 1980’s, Bernard Lassudrie-Duchêne was one of the first authors to analyse theorically and empirically the international production process decomposition (or fragmentation). This phenomenon, which explains a large part of the intermediate goods international trade, has become one...