Peter Sheehan

Bio: Peter Sheehan is an academic researcher from Victoria University, Australia. The author has contributed to research in topics: Knowledge economy & Climate change. The author has an hindex of 20, co-authored 98 publications receiving 2728 citations.

A Primer on the Knowledge Economy

Abstract: This primer is intended as a brief guide to the Knowledge Economy for people in business and government who need a succinct summary of its major features and implications. It draws on research undertaken at CSES over the last few years, on the work of the OECD and on a rapidly growing international literature, and aims to provide a synthesis. We address the following questions: - What is the knowledge economy? - What is new about the 'New Economy'? - What does it mean for Australia? - What might we do to meet the challenge?

Adolescence and the next generation

Abstract: Adolescent growth and social development shape the early development of offspring from preconception through to the post-partum period through distinct processes in males and females. At a time of great change in the forces shaping adolescence, including the timing of parenthood, investments in today's adolescents, the largest cohort in human history, will yield great dividends for future generations.

Economic Implications of Alternative Scholarly Publishing Models Exploring the costs and benefits

Abstract: The aim of this project was to examine the costs and benefits of three alternative models for scholarly publishing - subscription publishing, open access publishing and self-archiving. The project involved two major phases: • Phase I: Identification of costs and benefits – sought to describe the three models of scholarly publishing, identify all the dimensions of cost and benefit for each of the models, and examine which of the main players in the scholarly communication system would be affected and how they would be affected; • Phase II: Quantification of costs and benefits – sought, where possible, to quantify the costs and benefits identified; identify and where possible quantify the cost and benefit implications for each of the main players in the scholarly communication system; and, where possible, compare the costs and benefits of the three models. While wide-ranging in scope, an important focus for the work was the implications of the three publishing models for UK higher education and fo r scholarly journal and book publishing – although other forms of publication and other stakeholders are included in the analysis.

The Economics of Climate Change

Abstract: �Greenhouse gas (GHG) emissions are exter nalities and represent the biggest market failure the world has seen. We all produce emissions, people around the world are already suffering from past emissions, and current emissions will have potentially catastrophic impacts in the future. Thus, these emissions are not ordinary, localized externalities. Risk on a global scale is at the core of the issue. These basic features of the problem must shape the economic analy sis we bring to bear; failure to do this will, and has, produced approaches to policy that are pro foundly misleading and indeed dangerous. The purpose of this lecture is to set out what I think is an appropriate way to examine the economics of climate change, given the unique scientific and economic challenges posed, and to suggest implications for emissions targets, policy instruments, and global action. The sub ject is complex and very wide-ranging. It is a subject of vital importance but one in which the economics is fairly young. A central challenge is to provide the economic tools necessary as

An Overview of Innovation

Abstract: Models that depict innovation as a smooth, well-behaved linear process badly misspecify the nature and direction of the causal factors at work. Innovation is complex, uncertain, somewhat disorderly, and subject to changes of many sorts. Innovation is also difficult to measure and demands close coordination of adequate technical knowledge and excellent market judgment in order to satisfy economic, technological, and other types of constraints—all simultaneously. The process of innovation must be viewed as a series of changes in a complete system not only of hardware, but also of market environment, production facilities and knowledge, and the social contexts of the innovation organization.