A New Economy The Changing Role Of Innovation And Information Technology In Growth
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A New Economy? The Changing Role of Innovation and Information Technology in Growth by OECD Pdf
What is driving recent growth in OECD countries? This study shows that success requires not some silver bullet, but a range of complementary factors that support the innovation-intensive growth exemplified by new information and communication technologies like the Internet and Internet applications.
National Research Council,Policy and Global Affairs,Board on Science, Technology, and Economic Policy,Committee on Measuring and Sustaining the New Economy,Committee on Software, Growth, and the Future of the U.S Economy
Author : National Research Council,Policy and Global Affairs,Board on Science, Technology, and Economic Policy,Committee on Measuring and Sustaining the New Economy,Committee on Software, Growth, and the Future of the U.S Economy Publisher : National Academies Press Page : 226 pages File Size : 55,9 Mb Release : 2006-05-06 Category : Political Science ISBN : 9780309099509
Software, Growth, and the Future of the U.S Economy by National Research Council,Policy and Global Affairs,Board on Science, Technology, and Economic Policy,Committee on Measuring and Sustaining the New Economy,Committee on Software, Growth, and the Future of the U.S Economy Pdf
Starting in the mid 1990s, the United States economy experienced an unprecedented upsurge in economic productivity. Rapid technological change in communications, computing, and information management continue to promise further gains in productivity, a phenomenon often referred to as the New Economy. To better understand this phenomenon, the National Academies Board on Science, Technology, and Economic Policy (STEP) has convened a series of workshops and commissioned papers on Measuring and Sustaining the New Economy. This major workshop, entitled Software, Growth, and the Future of the U.S. Economy, convened academic experts and industry representatives from leading companies such as Google and General Motors to participate in a high-level discussion of the role of software and its importance to U.S. productivity growth; how software is made and why it is unique; the measurement of software in national and business accounts; the implications of the movement of the U.S. software industry offshore; and related policy issues.
Finance Markets, the New Economy and Growth by Luigi Paganetto Pdf
The existence of significant differences in the organization of the US and European financial markets prompts a number of important questions. Firstly, is it possible to determine the type of institutions that are more conducive to growth? Secondly, did the financial markets play a key role in securing the growth and prosperity of the US during the 1990s? A third issue is the effect of the recent changes in the organization of the financial markets. The last issue addressed relates to the effects on investment and growth of the different corporate governance structures that prevail in the various countries. By exploring the differences between the financial markets in the US and Europe this book helps the reader assess the role of financial markets in securing investment and growth.
National Research Council,Policy and Global Affairs,Board on Science, Technology, and Economic Policy
Author : National Research Council,Policy and Global Affairs,Board on Science, Technology, and Economic Policy Publisher : National Academies Press Page : 268 pages File Size : 40,5 Mb Release : 2002-03-08 Category : Political Science ISBN : 9780309082983
Measuring and Sustaining the New Economy by National Research Council,Policy and Global Affairs,Board on Science, Technology, and Economic Policy Pdf
Sustaining the New Economy will require public policies that remain relevant to the rapid technological changes that characterize it. While data and its timely analysis are key to effective policy-making, we do not yet have adequate statistical images capturing changes in productivity and growth brought about by the information technology revolution. This report on a STEP workshop highlights the need for more information and the challenges faced in measuring the New Economy and sustaining its growth.
The Economics of Science and Technology by M.P. Feldman,Albert N. Link,Donald S. Siegel Pdf
Science and technology have long been regarded as important determinants of economic growth. Edwin Mansfield (1971, pp. 1- 2), a pioneer in the economics of technological change, noted: Technological change is an important, if not the most important, factor responsible for economic growth . . . without question, [it] is one of the most important determinants of the shape and evolution of the American economy. Science and technology are even more important in the "new economy," with its greater emphasis on the role of intellectual property and knowledge transfer. Therefore, it is unfortunate that most individuals rarely have the opportunity to explore the economic implications of science and technology. As a result, the antecedents and consequences of technological change are poorly understood by many in the general public. This lack of understanding is reflected in a recent survey conducted by the National Science Board (2000), summarized in Science & Engineering Indicators. ' As shown in Table 1. 1, the findings of the survey indicated that many Americans, despite a high level of interests in such matters, are not as well-informed about technological issues as they are about other policy issues. As shown in the table, individuals self assess, based on a scale from 1 to 100, their interest in science and technology policy issues as being relatively high, yet they self assess their knowledge or informedness about these issues relatively lower.
The New Economy in East Asia and the Pacific by Peter Drysdale Pdf
This title looks at the experience with the new economy in North America. It sets out the problems of measuring the effects of technological change on economic progress.
Technological Innovation and Economic Performance by Benn Steil,David G. Victor,Richard R. Nelson Pdf
Information technology accounts for over one-third of recent U.S. GDP growth and nearly two-thirds of corporate capital investment. ''The New Economy'' appears omnipresent, but little is actually known about its workings. This seminal volume brings together the research and critical thinking of many of the world's top macro and micro economists to provide a unique, multifaceted perspective. Through the use of detailed, up-to-date country and industry studies, this book provides the most authoritative and detailed analysis ever assembled into the causes of technological innovation and its relationship to economic performance. The country studies cover the United States, Japan, Germany, France, the United Kingdom, and the Nordic states. Nine industry studies examine the Internet, computers and semiconductors, banking, securities trading, venture capital, energy, agricultural biotechnology, pharmaceutical biotechnology, and automobiles. Commissioned and brought together for the research project by the world-renowned Council on Foreign Relations, the authors have produced one of the most important compendia in applied economics to be published in recent times. The contributors are Charles Calomiris, Ian Domowitz, Robert Evenson, Charles Fine, Robert Gordon, Richard Langlois, Josh Lerner, Markku Malkamäki, Patrick Messerlin, Joel Mokyr, David Mowery, Richard R. Nelson, Stephen Nickell, Gary Pisano, Adam Posen, Daniel Raff, Horst Siebert, Timothy Simcoe, Benn Steil, Michael Stolpe, John Van Reenen, David Victor, and Matti Virén.
The New Economy in Development presents conceptual and empirical analyses of the opportunities offered by information and communications technologies (ICT). Contributors include scholars and policy makers from international organizations, and the chapters include understudied cases from Africa, Latin America, Eastern Europe and Asia.
The New Economy: Beyond the Hype The OECD Growth Project by OECD Pdf
This book explores the causes of the discrepancy in economic performance in the OECD area. It shows that while technology has had a pervasive and profound effect on economies and societies, it alone was not the reason for fast growth. What counts more is how that technology is put to work.
Cristoforo S. Bertuglia,Manfred M. Fischer,Giorgio Preto
Author : Cristoforo S. Bertuglia,Manfred M. Fischer,Giorgio Preto Publisher : Springer Science & Business Media Page : 365 pages File Size : 48,9 Mb Release : 2012-12-06 Category : Business & Economics ISBN : 9783642797606
Technological Change, Economic Development and Space by Cristoforo S. Bertuglia,Manfred M. Fischer,Giorgio Preto Pdf
The pressures of global competition are affecting regions throughout the world and making it increasingly necessary to understand the complex underlying mechanisms and the potential for innovation offered by new technology. Success in economic restructuring depends not only on the technology itself, but the professional and entrepreneurial skills available and the support of provided by institutions and information networks. The very local nature these phenomena, which are critical to the innovative propensity of firms operating within the region, introduces an inevitable spatial dimension. The time therefore seems ripe to bring together contributions from scholars working in different, but related disciplines, with the aim of investigating the triangular relationship between technological change, economic development and space. The present volume offers a compact review of current theoretical developments and valuable insights deriving from recent empirical studies carried out both within Europe and elsewhere. All those contributing to this volume are actively involved in research in the field. Without their intellectual contribution and willingness to participate in this joint project, the book would not have been possible. We should like, in addition, to thank Angela Spence for her capable assistance in coordinating the various stages of preparation of the book, as well as her translation work and careful linguistic editing. Thanks also go to Paola Stasi for her meticulous copy editing and help in preparing the indices. Their work has been invaluable in moulding together in a single volume contributions from so many different sources.
Economic Policy Issues of the New Economy by Horst Siebert Pdf
This volume addresses trends, causes, and consequences of the new economy in micro- and macroeconomic terms. Modern information and communications technologies increase the efficiency of traditional activities and pave the way for creating new activities and products. How will market participants cope with the challenges of the new economy and which role will governments play in a dramatically changing world? The book presents a thorough analysis of the effects of new technologies and products on overall productivity and on goods markets, labor markets, and financial markets. It also deals with the implications of the new economy for the welfare state and discusses the issue of whether there is a need for new regulatory devices, in particular in the field of international trade in goods and services.
Geographies of the New Economy by Peter W. Daniels,Andrew Leyshon,Michael J. Bradshaw,Jonathan Beaverstock Pdf
What is the 'new economy'? Where is it? How does it differ from the 'old economy'? How does the 'new economy' relate to issues such as the nature of work, social inclusion and exclusion? Geographies of the New Economy explores the meaning of the 'new economy' at the global scale from the perspective of advanced post-socialist and emerging economies. Drawing on evidence from regions around the world, the book debates the efficacy of the widely used concept of the ‘new economy’ and examines its socio-spatial consequences. This book is important reading for policy-makers, academics and students of geography, sociology, urban studies, economics, planning and policy studies.
A Systemic Approach to Continuous Change in the Innovation Economy by Jon-Arild Johannessen Pdf
Unpredictable and unforeseen, or black swan, events are occurring increasingly often, one such recent example is the coronavirus crisis of 2020. The Fourth Industrial Revolution, with its growing use of artificial intelligence, intelligent robots, intelligent informats and intelligent algorithms, may help us to confront these incidents but only if we can avoid the sector optimization logic of some forms of economic thinking. This book offers a multi-faceted presentation of the application of systemic thinking in non-standard situations, especially those created by the fourth industrial revolution. It develops models and mini theories to promote systemic thinking at a time when cascades of innovations are entering the economy, while at the same time black swan events are occurring and disrupting social systems. It takes a critical look at how organizations and social systems have chosen to organize themselves to develop systems that prioritize high performance, by focusing on cost-cutting and maximizing profits, instead of on preparedness elasticity and resource slack. The consequences of this kind of organizational streamlining becomes evident only when the ‘black swans’ loom. The author discusses how individuals and society can develop the resilience needed to deal with these incidents. He asserts that there are three central social mechanisms that can help us understand how social systems work and how they are interconnected: time-lag, threshold value, and feedback. These three concepts can help us to understand how changes occur in non-linear systems; for instance, how small changes at the micro level can lead to large changes at the macro level. This book will be of interest to researchers, academics and students in the fields of economics, finance, business and industry.
