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Search for: [Abstrakt = "Founded on Heinrich von Starch's theory of \"inner goods\", the paper develops the concept of a person's or an economy's stock of human capital, which comprises the competences of health, of skills, of gaining insight, of adaequate social, cultural and political behaviour. Knowledge in a wide definition is the total of all these competences. Knowledge in a narrow definition is the competence of gaining insight\; its application includes the activity of making an invention. A Schumpeterian entrepreneur uses an invention to develop and to introduce a new profitable product. The new knowledge contained in the product is, in a process of dynamic competition, first used as a private good, then it is regularly exposed by \"open knowledge disclosure\" to a club or network of users, and finally, it becomes available to everybody as a public good"]

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