Innovation Evolution Of Industry And Economic Growth

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Innovation, Evolution of Industry and Economic Growth

Author : David B. Audretsch,Steven Klepper
Publisher : Edward Elgar Publishing
Page : 504 pages
File Size : 54,5 Mb
Release : 2000
Category : Business & Economics
ISBN : STANFORD:36105025085940

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Innovation, Evolution of Industry and Economic Growth by David B. Audretsch,Steven Klepper Pdf

This three-volume set brings together the seminal contributions of the emerging new literature on alternative frameworks and methodologies for analyzing economic phenomena involving change. They focus on change as a central phenomenon, and innovative activity is at the heart of much of the work. Building on a rich intellectual heritage dating back to an earlier tradition represented by scholars such as Josef Schumpeter and Frank Knight, they seek to explain how and why firms are diverse, and how firms, industries, and regions change over time. Volume I (17 articles) discusses the product life cycle and industrial evolution, the start-up of new firms, sources and implications of diversity, the size distribution of firms, and growth. Volume II (18 articles) covers survival, learning and adaptation, productivity, and turbulence. Volume III (20 articles) addresses persistence, evolution and horizontal market structure, regional evolution, international competitiveness of industries, and public policies.The set lacks a subject index. Edited by Audretsch (Institute of Development Strategies, Indiana U.) and Klepper (economics and social science, Carnegie Mellon U.). Annotation copyrighted by Book News, Inc., Portland, OR

Innovation, Industry Evolution and Employment

Author : David B. Audretsch,Roy Thurik
Publisher : Cambridge University Press
Page : 350 pages
File Size : 45,6 Mb
Release : 1999-08-05
Category : Business & Economics
ISBN : 0521641667

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Innovation, Industry Evolution and Employment by David B. Audretsch,Roy Thurik Pdf

Innovation, Industry Evolution and Employment offers a cross-disciplinary approach to employment creation and economic growth.

Innovation, Economics and Evolution

Author : Peter H. Hall
Publisher : Unknown
Page : 444 pages
File Size : 47,6 Mb
Release : 1994
Category : Business & Economics
ISBN : STANFORD:36105016059482

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Innovation, Economics and Evolution by Peter H. Hall Pdf

Explores how changing technology can influence economic systems and vice versa. This text studies the impact of innovation on inter-firm competition at the industry level; technological progress and long run growth; and the economics of the firm as it relates to adopting innovations.

Technological Innovation, Industrial Evolution, and Economic Growth

Author : Sanjaya Panth
Publisher : Routledge
Page : 132 pages
File Size : 40,7 Mb
Release : 2013-11-26
Category : Business & Economics
ISBN : 9781135651985

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Technological Innovation, Industrial Evolution, and Economic Growth by Sanjaya Panth Pdf

First Published in 1998. Routledge is an imprint of Taylor & Francis, an informa company.

Innovation Dynamism and Economic Growth

Author : Masaaki Hirooka
Publisher : Edward Elgar Publishing
Page : 448 pages
File Size : 53,5 Mb
Release : 2006-01-01
Category : Electronic books
ISBN : 9781845428860

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Innovation Dynamism and Economic Growth by Masaaki Hirooka Pdf

I think this book is a great achievement. It is packed with useful information and thought-provoking analysis and discussion. The work on technological development is, especially, a very valuable original contribution to the work in this field. The book illuminates the technological trajectory so often ignored by economists, but which underlies Schumpeter s "clusters" of innovations, and the emphasis on trunk innovations and analysis of their role is of particular interest. Christopher Freeman, SPRU Science and Technology Policy Research, University of Sussex, UK and Maastricht University, The Netherlands This pathbreaking book addresses the economics of technological change as revealed by a unique methodology that uncovers the true nature of technological development. Masaaki Hirooka bases this new approach to the economics of technological change on the recognition of the nonlinear dynamic nature of innovation. In order to provide a richer understanding of technological development, the book focuses on the period of innovation prior to market launch, grounding the analysis within a distinct innovation paradigm. This is expressed using three logistic trajectories technology, development and diffusion which make it possible to interpret and better understand technology foresight, infrastructure formation, long business cycles and national innovation systems. The author emphasizes the importance of the timing of innovation commitment, knowledge transfer between and within these trajectories, and the evolutionary character of innovation. Those with an interest in economics, macroeconomics, technological change and evolutionary economics will find this book to be a highly stimulating and fascinating read.

The Evolution of Economic and Innovation Systems

Author : Andreas Pyka,John Foster
Publisher : Springer
Page : 641 pages
File Size : 44,6 Mb
Release : 2015-03-03
Category : Business & Economics
ISBN : 9783319132990

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The Evolution of Economic and Innovation Systems by Andreas Pyka,John Foster Pdf

This book is at the cutting edge of the ongoing ‘neo-Schumpeterian’ research program that investigates how economic growth and its fluctuation can be understood as the outcome of a historical process of economic evolution. Much of modern evolutionary economics has relied upon biological analogy, especially about natural selection. Although this is valid and useful, evolutionary economists have, increasingly, begun to build their analytical representations of economic evolution on understandings derived from complex systems science. In this book, the fact that economic systems are, necessarily, complex adaptive systems is explored, both theoretically and empirically, in a range of contexts. Throughout, there is a primary focus upon the interconnected processes of innovation and entrepreneurship, which are the ultimate sources of all economic growth. Twenty two chapters are provided by renowned experts in the related fields of evolutionary economics and the economics of innovation.

Schumpeterian Perspectives on Innovation, Competition and Growth

Author : Uwe Cantner,Jean-Luc Gaffard,Lionel Nesta
Publisher : Springer Science & Business Media
Page : 450 pages
File Size : 42,9 Mb
Release : 2009-07-25
Category : Business & Economics
ISBN : 9783540937777

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Schumpeterian Perspectives on Innovation, Competition and Growth by Uwe Cantner,Jean-Luc Gaffard,Lionel Nesta Pdf

Recent developments in economics have gone from the recognition of the importance of innovation for growth and the exploration of innovation mechanisms to the incorporation of the results of the previous research into economic models. An important lesson to be drawn from all this research is that a purely macro-based analysis of growth is not enough. The various mechanisms of innovation creation and diffusion, the importance of agent heterogeneity, of market selection processes, of the internal organization of the firm and of organizational routines, and the obsolescence and the consequent emergence of new types of capital goods are a few examples of micro-economic phenomena that contribute decisively to macro-economic development. The papers in this volume approach those issues from a Schumpeterian point of view and tackle issues like the growing importance of knowledge and human capital; increasing returns and path dependence; the role of variety in economic growth; competition and industry evolution.

The Role of Innovation and Entrepreneurship in Economic Growth

Author : Michael J Andrews,Aaron Chatterji,Josh Lerner,Scott Stern
Publisher : University of Chicago Press
Page : 633 pages
File Size : 42,7 Mb
Release : 2022-03-17
Category : Business & Economics
ISBN : 9780226810782

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The Role of Innovation and Entrepreneurship in Economic Growth by Michael J Andrews,Aaron Chatterji,Josh Lerner,Scott Stern Pdf

"Innovation and entrepreneurship are ubiquitous today, both as fields of study and as starting points for conversations among experts in government and economic development. But while these areas on continue to attract public and private investments, many measurements of their resulting economic growth-including productivity growth and business dynamism-have remained modest. Why this difference? Because not all business sectors are the same, and the transformative gains of some industries have been offset by stagnation or contraction in others. Accordingly, a nuanced understanding of the economy requires a nuanced understanding of where innovation and entrepreneurship occur and where they matter. Answering these questions allows for strategic public investment and the infrastructure for economic growth.The Role of Innovation and Entrepreneurship in Economic Growth, the latest entry in the NBER conference series, seeks to codify these answers. The editors leverage industry studies to identify specific examples of productivity improvements enabled by innovation and entrepreneurship, including those from new production technologies, increased competition, new organizational forms, and other means. Taken together, the volume illuminates whether the contribution of innovation and entrepreneurship to economic growth is likely to be concentrated, be it selected sectors or more broadly"--

Innovation Commons

Author : Jason Potts
Publisher : Oxford University Press, USA
Page : 281 pages
File Size : 40,8 Mb
Release : 2019
Category : Business & Economics
ISBN : 9780190937492

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Innovation Commons by Jason Potts Pdf

Innovation is among the most important topics in understanding economic sustained economic growth. Jason Potts argues that the initial stages of innovation require cooperation under uncertainty and draws from insights on the solving of commons problems to shed light on policies and conditions conducive to the creation of new firms and industries. The problems of innovation commons are overcome, Potts shows, when there are governance institutions that incentivize cooperation, thereby facilitating the pooling of distributed information, knowledge, and other inputs. The entrepreneurial discovery of an economic opportunity is thus an emergent institution resulting from the formation of a cooperative group, under conditions of extreme uncertainty, working toward the mutual purpose of opportunity discovery about a nascent technology or new idea. Among the problems commons address are those of the identity; cooperation; consent; monitoring; punishment; and independence. A commons is efficient compared to the creation of alternative economic institutions that involve extensive contracting and networks, private property rights and price signals, or public goods (i.e. firms, markets, and governments). In other words, the origin of innovation is not entrepreneurial action per se, but the creation of a common pool resource from which entrepreneurs can discover opportunities. Potts' framework draws on the evolutionary theory of cooperation and institutional theory of the commons. It also has important implications for understanding the origin of firms and industries, and for the design of innovation policy. Beginning with a discussion of problems of knowledge and coordination as well as their implications for common pool environments, the book then explores instances of innovation commons and the lifecycle of innovation, including increased institutionalization and rigidness. Potts also discusses the possible implications of the commons framework for policies to sustain innovation dynamics.

Theory of Innovation

Author : Jati Sengupta
Publisher : Springer Science & Business Media
Page : 154 pages
File Size : 43,9 Mb
Release : 2013-10-04
Category : Business & Economics
ISBN : 9783319021836

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Theory of Innovation by Jati Sengupta Pdf

The current economic theory of innovation mainly analyses the technology factor and its impact on economic growth. In today's world, growth in information technology and knowledge of new ideas has altered the business paradigm dramatically. Modern economies have undergone a dynamic shift from material manufacturing to a new information technology model with research and development (R&D) and human capital. Through information and communications technology efficient information usage has achieved substantial productivity gains through learning by doing and incremental innovations. The present volume discusses this new paradigm in terms of both theory and industry applications, including Schumpeter in his innovation model and the emphasis on new innovations replacing the old. Growth of business networking and R&D consortium have dramatically helped the modern business to reduce their unit costs and improve efficiency. This volume presents some new models emphasizing knowledge sharing and R&D cooperation. Rapid growth in recent times in some south Asian countries have been cited as growth miracles are largely caused by knowledge spillover and learning by doing, and this volume also investigates the role of incremental innovations. With a strong focus and extension of the current theory of innovation and industry growth experiences of both the US and Asian countries, this book will be of interest to MBA and graduate students in economics, innovation management, and applied industrial economics.

Invention & Reinvention

Author : Mary Lindenstein Walshok,Abraham J Shragge
Publisher : Stanford University Press
Page : 246 pages
File Size : 41,8 Mb
Release : 2013-12-02
Category : Business & Economics
ISBN : 9780804788885

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Invention & Reinvention by Mary Lindenstein Walshok,Abraham J Shragge Pdf

“A fascinating story of regeneration. Using a social history perspective over different periods, it offers a wonderful case study of urban reinvention.” —Shiri M. Breznitz, Economic Geography Formerly prosperous cities across the United States, struggling to keep up with an increasingly global economy and the continued decline of post-war industries like manufacturing, face the issue of how to adapt to today’s knowledge economy. In Invention and Reinvention, authors Mary Walshok and Abraham Shragge chronicle San Diego’s transformation from a small West Coast settlement to a booming military metropolis and then to a successful innovation hub. This instructive story of a second-tier city that transformed its core economic identity can serve as a rich case and a model for similar regions. Stressing the role that cultural values and social dynamics played in its transition, the authors discern five distinct, recurring factors upon which San Diego capitalized at key junctures in its economic growth. San Diego—though not always a star city—has been able to repurpose its assets and realign its economic development strategies continuously in order to sustain prosperity. Chronicling over a century of adaptation, this book offers a lively and penetrating tale of how one city reinvented itself to meet the demands of today’s economy, lighting the way for others. “This is an important, pioneering book that contributes to our unique understanding of how one place, San Diego, has achieved what most places want: the capacity to evolve and meet the challenges of a constantly changing global economic environment. Walshok and Shragge help us understand why some places thrive while others wither.” —David B. Audretsch, author of Everything in Its Place

Innovation and Industry Evolution

Author : David B. Audretsch
Publisher : MIT Press
Page : 236 pages
File Size : 52,7 Mb
Release : 1995
Category : Business & Economics
ISBN : 0262011468

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Innovation and Industry Evolution by David B. Audretsch Pdf

It once took two decades to replace one-third of the Fortune 500; now a subset of new firms are challenging and displacing this elite group at a breathtaking rate, while armies of startups come and go within just a few years. Most new jobs are, in fact, coming from small firms, reversing the trend of a century. David Audretsch takes a close look at the U.S. economy in motion, providing a detailed and systematic investigation of the dynamic process by which industries and firms enter into markets, either grow and survive, or disappear. He shapes a clear understanding of the role that small, entrepreneurial firms play in this evolutionary process and in the asymmetric size distribution of firms in the typical industry.Audretsch introduces the large longitudinal database maintained by the U.S. Small Business Administration that is used to identify the startup of new firms and track their performance over time. He then provides different snapshots of the process of industries in motion: why new-firm startup activity varies so greatly across industries; what happens to these firms after they enter the market; the extent to which entrepreneurial firms account for an industry's economic activity and why that measure varies across industries; how small firms compensate for size-related disadvantages; and who exits and why.Audretsch concludes that the structure of industries is characterized by a high degree of fluidity and turbulence, even as the patterns of evolution vary considerably from industry to industry. The dynamic process by which firms and industries evolve over time is shaped by three fundamental factors: technology, scale economies, and demand. Most important, the evidence suggests that it is the differences in the knowledge conditions and technology underlying each specific industry -- key elements in innovation -- that are responsible for the pattern particular to that industry.

Innovation Studies

Author : Jan Fagerberg,Ben R. Martin,Esben Sloth Andersen
Publisher : Unknown
Page : 231 pages
File Size : 46,5 Mb
Release : 2013-10
Category : Business & Economics
ISBN : 9780199686353

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Innovation Studies by Jan Fagerberg,Ben R. Martin,Esben Sloth Andersen Pdf

Innovation is increasingly recognized as a vitally important social and economic phenomenon worthy of serious research study. The book, written by leading contributors to the field, examines the state of the art and achievements in the relatively new field of Innovation Studies, as well as what future challenges lie ahead.

Innovation, Economic Growth and the Firm

Author : Jean-Luc Gaffard,Evens Salies
Publisher : Edward Elgar Publishing
Page : 272 pages
File Size : 41,9 Mb
Release : 2010
Category : Economic development
ISBN : NWU:35556040830234

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Innovation, Economic Growth and the Firm by Jean-Luc Gaffard,Evens Salies Pdf

'Gaffard and Salies have brought together an outstanding collection of papers that connects two fields of research usually only considered in isolation: the entrepreneurial restructuring of firms and markets and the growth process of the firm. Recognizing the interaction between the two is crucial for understanding how economic progress comes about today. What leading scholars from each of the fields have to say in this book on the connection makes for a most stimulating and illuminating reading with great relevance for policy making in Europe and America.'-Ulrich Witt, Max Planck Institute of Economics and University of Jena, Germany --

Institutions, Innovation, and Industrialization

Author : Avner Greif,Lynne Kiesling,John V. C. Nye
Publisher : Princeton University Press
Page : 438 pages
File Size : 41,8 Mb
Release : 2020-05-26
Category : Business & Economics
ISBN : 9780691202730

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Institutions, Innovation, and Industrialization by Avner Greif,Lynne Kiesling,John V. C. Nye Pdf

This book brings together a group of leading economic historians to examine how institutions, innovation, and industrialization have determined the development of nations. Presented in honor of Joel Mokyr—arguably the preeminent economic historian of his generation—these wide-ranging essays address a host of core economic questions. What are the origins of markets? How do governments shape our economic fortunes? What role has entrepreneurship played in the rise and success of capitalism? Tackling these and other issues, the book looks at coercion and exchange in the markets of twelfth-century China, sovereign debt in the age of Philip II of Spain, the regulation of child labor in nineteenth-century Europe, meat provisioning in pre–Civil War New York, aircraft manufacturing before World War I, and more. The book also features an essay that surveys Mokyr's important contributions to the field of economic history, and an essay by Mokyr himself on the origins of the Industrial Revolution. In addition to the editors, the contributors are Gergely Baics, Hoyt Bleakley, Fabio Braggion, Joyce Burnette, Louis Cain, Mauricio Drelichman, Narly Dwarkasing, Joseph Ferrie, Noel Johnson, Eric Jones, Mark Koyama, Ralf Meisenzahl, Peter Meyer, Joel Mokyr, Lyndon Moore, Cormac Ó Gráda, Rick Szostak, Carolyn Tuttle, Karine van der Beek, Hans-Joachim Voth, and Simone Wegge.