Schumpeter Innovation And Growth

Author : Uwe Cantner,Jean-Luc Gaffard,Lionel Nesta
Publisher : Springer Science & Business Media
Page : 450 pages
File Size : 40,6 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.

Author : Mümtaz Keklik
Publisher : Routledge
Page : 198 pages
File Size : 42,8 Mb
Release : 2018-02-06
Category : Business & Economics
ISBN : 9781351753937

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Schumpeter, Innovation and Growth by Mümtaz Keklik Pdf

This title was first published in 2003. Bringing together contemporary innovation pattern theories inspired by the two original patterns developed by Joseph A. Schumpeter, this book develops an innovative new model of long wave aggregate level economic activity. This model is rigorously tested with post-war US manufacturing data, revealing an intriguing correlation between the data and the model. The book examines different theories of technological change, and provides a detailed account of the long wave which makes use of the relevant aspects of these theories, without betraying their main features and messages. These theories are synthesized and shown to be consistent with the development of post-war US manufacturing. Shedding light on the dynamics of the technological advances that have taken place in the last 20 years, economists and students alike will find this volume an invaluable read.

Author : F. M. Scherer
Publisher : MIT Press (MA)
Page : 297 pages
File Size : 51,8 Mb
Release : 1986
Category : Business & Economics
ISBN : 0262691027

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Innovation and Growth by F. M. Scherer Pdf

Outlines, in text and illustrations, the development of computers, how they work, and their many uses.

Author : Heinz D. Kurz
Publisher : Routledge
Page : 201 pages
File Size : 53,5 Mb
Release : 2013-03-01
Category : Business & Economics
ISBN : 9781136583582

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Innovation, Knowledge and Growth by Heinz D. Kurz Pdf

This book deals with the prime movers of socio-economic development, innovations and technical change, their origins, forms and effects. It contains a set of closely related chapters, some of which have been previously published as papers in scholarly journals

Author : Joseph Alois Schumpeter
Publisher : Transaction Publishers
Page : 324 pages
File Size : 47,7 Mb
Release : 1983
Category : Business & Economics
ISBN : 0878556982

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The Theory of Economic Development by Joseph Alois Schumpeter Pdf

Schumpeter proclaims in this classical analysis of capitalist society first published in 1911 that economics is a natural self-regulating mechanism when undisturbed by "social and other meddlers." In his preface he argues that despite weaknesses, theories are based on logic and provide structure for understanding fact. Of those who argue against him, Schumpeter asks a fundamental question: "Is it really artificial to keep separate the phenomena incidental to running a firm and the phenomena incidental to creating a new one?" In his answers, Schumpeter offers guidance to Third World politicians no less than First World businessman. In his substantial new introduction John E. Elliott discusses the salient ideas of The Theory of Economic Development against the historical background of three great periods of economic thought in the last two decades.

Author : Jati Sengupta
Publisher : Springer Science & Business Media
Page : 154 pages
File Size : 46,8 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.

Author : Frederic M. Scherer
Publisher : Cambridge, Mass. : MIT Press
Page : 297 pages
File Size : 41,9 Mb
Release : 1984-01-01
Category : Technological innovations
ISBN : 0262192225

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Innovation and Growth by Frederic M. Scherer Pdf

These sixteen essays are drawn from a body of work strongly influenced by the thought of Joseph A. Schumpeter.

Author : Iurii Bazhal
Publisher : Springer
Page : 135 pages
File Size : 47,5 Mb
Release : 2017-06-27
Category : Business & Economics
ISBN : 9783319548524

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The Political Economy of Innovation Development by Iurii Bazhal Pdf

This book finds that the R&D and technological innovation of a country is not a result, but a factor, of sustained economic growth. Bazhal develops Schumpeter's theory to argue that genuine economic growth - especially in transitioning and developing countries - is only possible with innovation. With a particular focus on the work of Ukrainian economists, Tugan-Batanobvsky and Vernadsky, the text seeks to move the discipline forward and explain why innovation has become a primary factor of economic development in recent decades and why its role will become even more dominant in the future. Chapters interrogate whether modern economic theory can explain how we ensure the effective functioning of the market economy. The book shows that explanations of economists and politicians regarding the nature of the current economic and financial crisis, and the causes of huge gaps in levels of wealth in market economies, demonstrates that there are not enough satisfactory answers to this question.

Author : Jerry Courvisanos
Publisher : Edward Elgar Publishing
Page : 332 pages
File Size : 46,6 Mb
Release : 2012-05-01
Category : Biography & Autobiography
ISBN : 9781781002636

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Cycles, Crises, Innovation by Jerry Courvisanos Pdf

'Reflection on the "history of opinion", and its application to our contemporary world and controversies over technology and our environmental difficulties, is the distinguishing feature of the thoughtful economist. If the reader of this book is moved to reflect on the work of Schumpeter and Kalecki, the author of this book will have succeeded. Even more important than this, if the reader of this book comes to a changed and deeper understanding of how technology changes in our faltering capitalist economies, and of how the environment is affected by production and may be improved with better ways of satisfying our personal and productive needs, then the author will have done an even greater service to his profession and humanity.' From the foreword by Jan Toporowski, School of Oriental and African Studies, University of London, UK 'Jerry Courvisanos provides us with a timely analysis of the forces behind the crises of capitalism and the tendency towards ecologically unsustainable growth. He draws on the work of two of most creative, if not most recognized, economists of the 20th Century, Michal Kalecki and Joseph Schumpeter. In place of mainstream analysis with its emphasis on marginal conditions for optimisation around well-defined equilibrium, we have a world of innovation, structural change, creative destruction, business cycles, financial crises, changing income distribution and many other inconvenient developments that plague modern economies.' From the foreword by Harry Bloch, Curtin University, Australia Cycles, crises and innovation are the major economic forces that shape capitalist economies. Using a critical realist political economy approach, the analysis in this fine work is based on the works of Micha Kalecki and Joseph Schumpeter both of whom identify these three dynamic forces as plotting the path of economic development. Jerry Courvisanos' thought-provoking book examines how the rise of capital through investment enshrines innovation in profit and power which in turn determines the course of cycles and crises. The author concludes by arguing for strategic intervention by transformative eco-innovation as a public policy path to ecologically sustainable development. This interdisciplinary book will appeal to economists, innovation and entrepreneurship-based scholars, postgraduate students studying the political economy of both innovation and entrepreneurship, regional development planners and economic development policymakers. Anyone with a general interest in economics, politics and innovation or looking for a path out of the economic and ecological morass of current capitalism, will also find much to interest them in this book.

Author : Thomas K. McCraw
Publisher : Harvard University Press
Page : 734 pages
File Size : 54,5 Mb
Release : 2010-03-30
Category : Biography & Autobiography
ISBN : 9780674736962

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Prophet of Innovation by Thomas K. McCraw Pdf

Pan Am, Gimbel’s, Pullman, Douglas Aircraft, Digital Equipment Corporation, British Leyland—all once as strong as dinosaurs, all now just as extinct. Destruction of businesses, fortunes, products, and careers is the price of progress toward a better material life. No one understood this bedrock economic principle better than Joseph A. Schumpeter. “Creative destruction,” he said, is the driving force of capitalism. Described by John Kenneth Galbraith as “the most sophisticated conservative” of the twentieth century, Schumpeter made his mark as the prophet of incessant change. His vision was stark: Nearly all businesses fail, victims of innovation by their competitors. Businesspeople ignore this lesson at their peril—to survive, they must be entrepreneurial and think strategically. Yet in Schumpeter’s view, the general prosperity produced by the “capitalist engine” far outweighs the wreckage it leaves behind. During a tumultuous life spanning two world wars, the Great Depression, and the early Cold War, Schumpeter reinvented himself many times. From boy wonder in turn-of-the-century Vienna to captivating Harvard professor, he was stalked by tragedy and haunted by the specter of his rival, John Maynard Keynes. By 1983—the centennial of the birth of both men—Forbes christened Schumpeter, not Keynes, the best navigator through the turbulent seas of globalization. Time has proved that assessment accurate. Prophet of Innovation is also the private story of a man rescued repeatedly by women who loved him and put his well-being above their own. Without them, he would likely have perished, so fierce were the conflicts between his reason and his emotions. Drawing on all of Schumpeter’s writings, including many intimate diaries and letters never before used, this biography paints the full portrait of a magnetic figure who aspired to become the world’s greatest economist, lover, and horseman—and admitted to failure only with the horses.

Author : Alfred Kleinknecht
Publisher : Springer
Page : 243 pages
File Size : 48,6 Mb
Release : 2016-07-27
Category : Business & Economics
ISBN : 9781349111756

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Innovation Patterns in Crisis and Prosperity by Alfred Kleinknecht Pdf

Author : Cristiano Antonelli
Publisher : Springer
Page : 197 pages
File Size : 44,6 Mb
Release : 2019-03-16
Category : Business & Economics
ISBN : 9783030055080

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The Knowledge Growth Regime by Cristiano Antonelli Pdf

‘This important new book provides a penetrating, novel analysis of the key role played by knowledge when viewed through the lens of Schumpeterian economics. It is loaded with important insights that highlight the primacy of knowledge and innovation to unleash economic growth.’ —David B. Audretsch, Indiana University Bloomington, USA This book combines the tools elaborated by the economics of knowledge and the legacy of Joseph Schumpeter to explore the emergence of the new knowledge economy and the shift away from the manufacturing industries. Antonelli analyzes the characteristics of the innovation process as a creative response based upon the accumulation, generation and exploitation of knowledge. He highlights the new structure of advanced economies, where knowledge is at the same time the prime input and output. With special attention to the limits of the new knowledge growth regime, raised by the role of finance, income distribution and intellectual property rights, this Palgrave Pivot recommends appropriate economic policies based upon an Open Technology approach.

Author : Gunnar Eliasson,International Schumpeter Society. Meeting
Publisher : Unknown
Page : 464 pages
File Size : 49,6 Mb
Release : 1998
Category : Biography & Autobiography
ISBN : UOM:39015043122418

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Microfoundations of Economic Growth by Gunnar Eliasson,International Schumpeter Society. Meeting Pdf

Contributors to this volume seek further understanding of the microfoundations of economic growth. The book focuses on three subjects that interested the great Austrian and Harvard economist, Joseph A. Schumpeter--innovation, technological change, and economic growth. These papers were presented at the 1996 meeting of the International Schumpeter Society.

Author : Jan Fagerberg
Publisher : Edward Elgar Publishing
Page : 432 pages
File Size : 43,5 Mb
Release : 2018-04-27
Category : Business & Economics
ISBN : 9781788110266

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Innovation, Economic Development and Policy by Jan Fagerberg Pdf

This authoritative and enlightening book focuses on fundamental questions such as what is innovation, who is it relevant for, what are the effects, and what is the role of (innovation) policy in supporting innovation-diffusion? The first two sections present a comprehensive overview of our current knowledge on the phenomenon and analyse how this knowledge (and the scholarly community underpinning it) has evolved towards its present state. The third part explores the role of innovation for growth and development, while section four is concerned with the national innovation system and the role of (innovation) policy in influencing its dynamics and responding to the important challenges facing contemporary societies.

Author : Uwe Cantner,Jean-Luc Gaffard,Lionel Nesta
Publisher : Springer
Page : 450 pages
File Size : 52,7 Mb
Release : 2009-08-06
Category : Business & Economics
ISBN : 3540937765

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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.