A Systemic Approach To Continuous Change In The Innovation Economy

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A Systemic Approach to Continuous Change in the Innovation Economy

Author : Jon-Arild Johannessen
Publisher : Routledge
Page : 135 pages
File Size : 54,5 Mb
Release : 2022-04-19
Category : Business & Economics
ISBN : 9781000571226

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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.

Feudal Capitalism and the Innovation Economy

Author : Jon-Arild Johannessen
Publisher : Taylor & Francis
Page : 281 pages
File Size : 41,7 Mb
Release : 2023-06-05
Category : Business & Economics
ISBN : 9781000886238

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Feudal Capitalism and the Innovation Economy by Jon-Arild Johannessen Pdf

In feudal society, it was the few at the top who laid the ground for what was produced, how it was produced and how it was distributed. Freedom was restricted, and people were kept in their place by institutional structures. In capitalism, the focus is on free markets, free trade, and a personal freedom, where self-interest is assumed to lead to progress for the collective good. In today’s world, there is a move towards algorithmic capitalism at the micro-level, platform capitalism at the meso-level, and feudal capitalism at the macro-level. This is the new and innovative concept developed in this book. The author argues that feudal capitalism is distinct but linked to the innovation economy, and represents an interconnection between the organization of feudal society and central aspects of capitalism. Additionally, he asserts that the balance between feudal capitalism and a reinvented, sustainable capitalism based on the innovation economy, can help restore the moral compass lost in the evolution of global capitalism. The key argument of the book is that even if we see a development towards feudal capitalism, a more just and moral capitalism can be restored through various social mechanisms such as changes in the institutional framework, the development of a balanced form of globalization and re-establishing social cohesion and equality of opportunity. Further, the book offers policy interventions to support this idea. The book will find an audience among scholars and researchers of political economy, political theory, economic history, management, AI and ethics, philosophy and automation, inequality and equality of opportunity

The New Silk Road and the Innovation Economy in China

Author : Jon-Arild Johannessen
Publisher : Taylor & Francis
Page : 216 pages
File Size : 45,5 Mb
Release : 2023-02-28
Category : Business & Economics
ISBN : 9781000837230

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The New Silk Road and the Innovation Economy in China by Jon-Arild Johannessen Pdf

This book provides deep insight into the emergent Chinese innovation economy, as we head towards the Fourth Industrial Revolution. It describes, discusses and analyzes the period from China’s opening up to foreign investment in the 1980s until the New Silk Road project, from 2013 onwards. The developments are assessed from a systemic thinking and evolutionary economic standpoint. The book presents the latest research findings on the direction and achievements of the Belt and Road Initiative, and the results both for China, the countries along the new Silk Road, as well as for Europe and the United States are brought to light. The author asserts that the phenomenon of the New Silk Road as an innovation generator can be understood and explained through the effects of various social mechanisms. He labels these five social mechanisms as: the locomotive force; the explosive force of the butterfly effect; the force of co-creation; the force of expectation; and the force of competence. The book presents 20 cases to substantiate the descriptions, analysis, theoretical reflections and the practical utility of the questions examined in each chapter. It utilizes economic history research methods, scenario thinking, futures research and conceptual generalization to offer different views on the research problem under investigation. Further, the book offers policy suggestions, which include promoting effective macroeconomic policies, and extending microeconomic cooperation schemes, related to the innovation economy. The book will appeal to academics, researchers and graduate students concerned with Chinese economic expansion, Chinese foreign policy and US- and Europe-China relations, as well as policymakers and political advisors.

Innovation, Automation and a Sustainable Economy

Author : Jon-Arild Johannessen
Publisher : Taylor & Francis
Page : 155 pages
File Size : 50,9 Mb
Release : 2024-04-03
Category : Business & Economics
ISBN : 9781040008744

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Innovation, Automation and a Sustainable Economy by Jon-Arild Johannessen Pdf

Economic inequality, the environmental crisis and the climate crisis are systemically linked. Accordingly, they should be understood as a single, interconnected system and strategies for resolving them should be guided by this understanding. This book demonstrates how the Green New Deal and its systemic alternative, the Red New Deal, could influence the course of these three global crises, all within the context of the Fourth Industrial Revolution. The author has developed several scenarios that are relevant to the automation that will result from advances in artificial intelligence and intelligent robots. The first is one of mass unemployment, while the second envisages low rates of unemployment, although workers will experience stagnation and then a decline in their wages. It is possible to envisage a different set of scenarios; however, we must replace the capitalist economic model with a different model: mutualism, a sustainable model that would allow for economic growth while also addressing the three current systemic crises. The author argues that if such a model is implemented, there will be jobs for everyone and the climate crisis will be tackled because people’s welfare will be prioritized over profit. We can assert that such a model will foster the development of economic equality. The basic premise of this mutual and sustainable economic model is that sustainability is in everyone’s interests. The book employs not only established and innovative methods, such as literature reviews, scenario thinking and historical methods, to underpin its arguments, but also conceptual generalization as an intellectual tool to tackle the general research problem; thus, it will be an invaluable resource for scholars and students of sustainability and the innovation economy.

How to Write Conceptual Papers in the Social Sciences

Author : Jon-Arild Johannessen,Bjørn Olsen
Publisher : Taylor & Francis
Page : 163 pages
File Size : 55,7 Mb
Release : 2023-12-22
Category : Education
ISBN : 9781003830801

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How to Write Conceptual Papers in the Social Sciences by Jon-Arild Johannessen,Bjørn Olsen Pdf

This book is a practical guide on how to write conceptual papers and use conceptual generalization as a research methodology. Divided into two parts, the book first focuses on the scientific foundation for conceptual generalization, to identify what is a conceptual model and how conceptual models can be developed. Part two focuses on how to write a winning conceptual thesis, covering conceptual generalisation and empirical generalisation, and discusses research problems and questions, and how to analyse them. The authors cover different conceptual and analytical models to offer students a multitude of tools to visualize, interpret and uncover relationships and patterns. For example, they explore the thought experiment, analytical models, empirical causal models, analytical forms and data mining models, and outline a strategy for developing conceptual models to assist with students who wish to design their own conceptual paper. Students gain a clear understanding of the driving forces in the research process, how to define a research problem, how to analysis the problem and develop research strategies. Moving from concepts to hypotheses, the book also covers the main types of errors that may be encountered as students learn about understanding the development of models and how to develop a theory. Also including a checklist for students, and a list of definitions and concepts, this is the ideal resource for advanced undergraduate and postgraduate students, and researchers, in the social sciences.

Leadership and Communication

Author : Jon-Arild Johannessen
Publisher : Springer Nature
Page : 207 pages
File Size : 43,6 Mb
Release : 2024-02-11
Category : Business & Economics
ISBN : 9783031408489

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Leadership and Communication by Jon-Arild Johannessen Pdf

Managers and leaders spend a great deal of time on communication; it binds together all the communications in the organisational system. In other words, communication is the glue that impacts on the effectiveness of communication in the entire organization, therefore the style of leadership communication has a profound impact on how the organization works. If too much ‘glue’ is used, the consequence is information overload, which hampers effective communication. If there is too little glue, individuals and entire organizations may find themselves in a pathological state of disorder, with people filling the information vacuum with rumours and gossip. Leadership communication can be involving and participatory, motivating colleagues to be creative and put in as much extra effort as is necessary. Leadership communication can also be power-based and patronizing. Such a style of communication will cause tensions and conflicts within an organization. In this textbook, the author shows how information and communication are parts of a special type of interaction, namely situations in which you want to gain trust or influence people. With a plethora of case examples and practical exercises to get stuck into, this engaging book helps students gain a deeper understanding of the concepts and contexts described in each chapter, such as communication strategies, influencing techniques, communication and values, and communication and trust. The second half of the book offers six personal communication tools, and six personal coaching tools, with assignment to each of the coaching tools. In addition, the book provides 66 exercises to the six personal communication tools. Ideal reading for those taking leadership and communication courses, this textbook takes a practical approach to the key issues in organizational communication that will prepare students for their careers in business.

The Fourth Industrial Revolution and the Labour Market

Author : Jon-Arild Johannessen
Publisher : Taylor & Francis
Page : 126 pages
File Size : 54,7 Mb
Release : 2023-09-15
Category : Business & Economics
ISBN : 9781000958317

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The Fourth Industrial Revolution and the Labour Market by Jon-Arild Johannessen Pdf

The innovation economy is the driver for the development of the Fourth Industrial Revolution and consequently, there is a growing focus on innovation in general and technological innovation in particular. In this context, there is much to suggest that it is the triple impact of artificial intelligence, big data and 5G- and 6G networks that will go beyond the limits of existing competence. This book is about the new competence that is emerging in the wake of artificial intelligence and intelligent robots. It explains how these two technologies are completely fundamental to what is known as the Fourth Industrial Revolution. The author argues that artificial intelligence will promote automation, which will reduce wages rather than increase unemployment statistics. The book posits that when the utility value of technology and the rate of dissemination of technology is high, people who have the necessary competence will both future-proof their jobs in the labour market and also be among the highest-paid workers in the new economy that is emerging from the innovation economy. Further, by making education more compatible with new technology will enable graduates to access more secure and better paid jobs, and all behavioural fields related to new technology will flourish because they can be used in many contexts to steer people’s behaviour in certain directions through the integration of big data and artificial intelligence. The book employs the following scholarly methods: conceptual generalization, scenario-based thinking and historical economic methodology, thus it will be of particular benefit to academic scholars, researchers and graduate students who are concerned with the impact of the fourth industrial revolution on the labour market.

Responsible Industry 4.0

Author : David Mhlanga
Publisher : Taylor & Francis
Page : 283 pages
File Size : 47,8 Mb
Release : 2023-11-13
Category : Business & Economics
ISBN : 9781000994407

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Responsible Industry 4.0 by David Mhlanga Pdf

The growth of digital technologies and Artificial Intelligence (AI) has the potential to increase global wealth and tackle some of the world's most serious problems, including economic marginalization. In contrast, these innovations may contribute to widening economic gaps and potentially threaten the stability of democratic governments. Changes in economic growth and distribution are occurring in both developed and developing countries due to the impact that new technologies are having on businesses and the workplace. This book provides answers to the question of whether the technologies of the Fourth Industrial Revolution, such as Artificial Intelligence, will lead to greater economic uncertainty, environmental collapse, and social unrest or whether they will help achieve shared prosperity and sustainable development, and successively the Sustainable Development Goals (SDGs). The book focuses on Human-centered Artificial Intelligence (AI) and the responsible deployment of diverse technologies for achieving sustainable development. It examines why the human-centred approach is so crucial to long-term success. It underlines the definition of human-centred AI and its importance in creating sustainability and resilience. It starts with a comprehensive history of the Fourth Industrial Revolution, details how to produce artificial intelligence that is centred on humans in order to accomplish sustainable development in the era of the Fourth Industrial Revolution, and then goes on to discuss the need for proper management and governance of emerging technologies. The book ends by presenting a framework that will assist stakeholders in employing AI in a human-centred manner to achieve the sustainable development goals set for 2030. The book will appeal to scholars, academics and researchers interested in information linked to the SDGs, AI and industry 4.0.

The Dynamics of the Innovation Divide between China and Europe

Author : Arkadiusz Michal Kowalski
Publisher : Routledge
Page : 187 pages
File Size : 47,8 Mb
Release : 2022-03-13
Category : Business & Economics
ISBN : 9781000551839

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The Dynamics of the Innovation Divide between China and Europe by Arkadiusz Michal Kowalski Pdf

This book examines the problem of the innovation divide in the world economy, and convergence in innovation performance between leaders and followers, analysed through the prism of Chinese experiences, and explored from an European Union (EU) perspective. The rationale for research conducted in this book is an observation of a significant change in the geography of world innovation, reflected in the emergence of innovation hubs in developing countries and in the shift of manufacturing activity, including high and medium-high technology industries, to emerging economies, mainly China. The book analyses the factors of Chinese innovation success in recent decades, such as: China’s science, technology and innovation policy, increased R&D expenditures, human capital development and the development of clusters and highly specialized industries. It also focuses on the challenges for developed European economies, which are being at risk of losing their knowledge-related sources of competitive advantage. It also offers recommendations for future policy actions. The book’s analysis goes beyond a cross-country comparison, taking into account a regional perspective. The reason for this regional dimension is the increasingly recognized importance of proximity in stimulating innovation processes, and an observed strong geographical polarization of innovation activity at specific regions seen in the emergence of clusters, particularly visible in China. The monograph will provide an up-to-date reference for academics and students across a variety of disciplines. It will be of particular interest to researchers in the area of innovation and practitioners doing business in China, as well as policymakers at international, national and regional levels involved in designing and implementing innovation policy.

Global Innovation, Finance, and International Commerce

Author : F. John Mathis,Raja M. Almarzoqi
Publisher : Taylor & Francis
Page : 249 pages
File Size : 40,5 Mb
Release : 2022-12-12
Category : Business & Economics
ISBN : 9781000806908

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Global Innovation, Finance, and International Commerce by F. John Mathis,Raja M. Almarzoqi Pdf

This book analyses the historical context and progression of "significant innovations" beginning with the industrial revolution, starting around 1750 to the present. It explores the interrelationship, causes, and evolutionary process of contemporary "disruptive" inventions and the role played by global finance and international commerce to support these. First, the authors examine the environment and circumstances surrounding the inventors and explore their backgrounds to determine, why at a specific time, they identified a need that became the seed for invention and, what was their method of successfully commercializing their innovation. Secondly, they focus on the financing of the inventor, the innovation, and the commercialization of the invention(s). They analyze the changes in finance during the shift from a labor-based production process to a more capital-intensive production process, and what new financial products or financial markets were created to facilitate this transition. Third, they explore the impact of global commerce on the inventor country’s innovation environment and international competition impacting the innovation’s production, distribution, and sales, as well as, investigating any financial impact from the demand side and whether that impact was domestic or global in character. Furthermore, they consider if and how global finance and international commerce including the migration of people, together play a role in helping the disruptive invention satisfy a need in society, whether from a production or consumption perspective. Finally, they search for common elements that repeatedly inspired inventors and their disruptive innovations over time. This book will appeal to global government officials, business leadership, early career professionals, and students across a number of disciplines including finance, economics, business, engineering, and technology.

Industrial Revolution 4.0

Author : Stanisław Mazur
Publisher : Taylor & Francis
Page : 261 pages
File Size : 48,7 Mb
Release : 2022-09-28
Category : Business & Economics
ISBN : 9781000646115

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Industrial Revolution 4.0 by Stanisław Mazur Pdf

The radical transformations to which the economy and society have been subjected for decades have gained momentum in recent years, not least because of the coronavirus pandemic, the consequences of which are yet to be fully understood. As a result, certain economic models and business practices are becoming less sustainable. One of the reasons for this is the rapid advance of Revolution 4.0. The issues raised in this book are central to understanding the theoretical and practical aspects of the Fourth Industrial Revolution and its overwhelming impact on emerging socio-economic relations. The book addresses the future and flexibility of the labour market in the era of digital transformation; issues related to the emergence of new patterns of production and the distribution of public services. It examines the impact of Revolution 4.0 on the global business services sector and business project management models, in times of increasing complexity. The book covers a broad spectrum of concerns associated with Industry 4.0, such as social, economic, technological, and environmental, making it a comprehensive resource offering state-of-the-art knowledge. Further, it includes a discussion on the perspectives for the development of Revolution 4.0 in the context of the post-pandemic world. This book skillfully combines theoretical considerations with practical applications, offering a valuable, engaging and accessible resource for researchers, scholars, students, policymakers, public decision-makers, and businesspeople alike.

Philosophy of Digital Currencies

Author : Ugochukwu Chigoziem Ikpeazu
Publisher : Taylor & Francis
Page : 228 pages
File Size : 50,8 Mb
Release : 2023-02-23
Category : Business & Economics
ISBN : 9781000835991

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Philosophy of Digital Currencies by Ugochukwu Chigoziem Ikpeazu Pdf

Current systems are failing the poor because these systems are unable to provide the financial inclusion needed for basic subsistence and commerce, which in turn would drive micro- and macro-economic growth. This book introduces the reader to a new way of thinking about how value can be created, captured, measured, and understood, economically and financially, and within the context of social contracts. It underscores the need to revisit such models through technological advancements, namely, Industrial Revolution 4.0, in order to solve pressing global issues such as economic inclusion and poverty eradication. The book proposes that for humanity to make the leap forward and for any real sustainable development to occur, the world needs a disruptive approach to value creation using currency systems, considering that currencies underpin value exchange. This disruption will result in a level of decentralization that facilitates peer-to-peer value exchange and drives financial inclusion, all of which should be underscored by a new, digital social contract. The author asserts that a time-based digital currency could address these issues by creating a new and truly inclusive currency model that allows economies to gain more value than previously possible. In addition, by leveraging 4IR technologies, a currency system can be designed where each unit of money accurately reflects the context and range of socio-economic factors that influence each human interaction. This book is aimed at futurists, technologists, researchers, policymakers, and anyone that is curious about how technology could make a difference in our collective futures. It cuts across a range of subject areas from economics, finance, philosophy, innovation to social development and takes an interdisciplinary approach to present a logical framework and theoretical foundation for the monetization of time as a digital currency.

Artificial Intelligence and the Future of Healthcare

Author : Jon-Arild Johannessen
Publisher : Taylor & Francis
Page : 136 pages
File Size : 50,8 Mb
Release : 2024-07-19
Category : Business & Economics
ISBN : 9781040090541

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Artificial Intelligence and the Future of Healthcare by Jon-Arild Johannessen Pdf

The application of Artificial Intelligence (AI) in the healthcare sector is certain to boost levels of automation and productivity but, paradoxically, it will also increase the availability of “first line competence.” At the same time as demographic trends are affecting demand for health and social care, the technological developments we are seeing make it highly likely that AI will play a decisive role in tackling the challenges our healthcare systems will encounter. This book reveals systemic connections to tackle questions about the potential impact of AI on future challenges in the healthcare sector. Specifically, it develops practical proposals for ways in which AI can be applied to solve these forthcoming issues. It emphasizes the importance of AI in what is known in the literature as human augmentation. The book’s innovative perspective is apparent in the way it challenges conventional wisdom in the context of several pressing questions, such as: • What opportunities and challenges could arise from the application of AI in the healthcare sector? • How can the philosophy of medicine, viewed from a systemic perspective, help us to understand, explain, and resolve some of the future challenges in the healthcare sector? • How could AI affect inclusive employment opportunities for people with disabilities? The book also contains an underlying argument to the effect that the rational approach adopted by economists is perhaps less rational when applied to a healthcare sector that is crying out for more “first line competence.” The primary readership will be academic, but the book will also appeal to policymakers, consultants, HR departments, healthcare stakeholders, and related practitioners.

Consciousness and Creativity in Artificial Intelligence

Author : Jon-Arild Johannessen
Publisher : Emerald Group Publishing
Page : 153 pages
File Size : 47,6 Mb
Release : 2023-01-27
Category : Business & Economics
ISBN : 9781804551615

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Consciousness and Creativity in Artificial Intelligence by Jon-Arild Johannessen Pdf

With Industry 4.0 accelerating AI, synthetic knowledge and creativity, Consciousness and Creativity in Artificial Intelligence posits a central question: “Under what conditions can intelligent robots develop creativity?”.

Innovation Economics, Engineering and Management Handbook 1

Author : Dimitri Uzunidis,Fedoua Kasmi,Laurent Adatto
Publisher : John Wiley & Sons
Page : 466 pages
File Size : 43,6 Mb
Release : 2021-07-21
Category : Business & Economics
ISBN : 9781786304568

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Innovation Economics, Engineering and Management Handbook 1 by Dimitri Uzunidis,Fedoua Kasmi,Laurent Adatto Pdf

Innovation, in economic activity, in managerial concepts and in engineering design, results from creative activities, entrepreneurial strategies and the business climate. Innovation leads to technological, organizational and commercial changes, due to the relationships between enterprises, public institutions and civil society organizations. These innovation networks create new knowledge and contribute to the dissemination of new socio-economic and technological models, through new production and marketing methods. Innovation Economics, Engineering and Management Handbook 1 is the first of the two volumes that comprise this book. The main objectives across both volumes are to study the innovation processes in todays information and knowledge society; to analyze how links between research and business have intensified; and to discuss the methods by which innovation emerges and is managed by firms, not only from a local perspective but also a global one. The studies presented in these two volumes contribute toward an understanding of the systemic nature of innovations and enable reflection on their potential applications, in order to think about the meaning of growth and prosperity.