The Evolutionary Complexity Of Endogenous Innovation

Author : Cristiano Antonelli
Publisher : Edward Elgar Publishing
Page : 288 pages
File Size : 41,6 Mb
Release : 2018
Category : Electronic
ISBN : 9781788113793

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The Evolutionary Complexity of Endogenous Innovation by Cristiano Antonelli Pdf

The notion of endogenous innovation as the outcome of the creative response of firms to out-of-equilibrium conditions is the cornerstone of the new evolutionary complexity. This book elaborates and applies the theoretical framework established in the author’s previous work Endogenous Innovation: The Economics of an Emergent System Property. This volume carefully explores the role of the reactivity of firms to out-of-equilibrium conditions. It also examines the quality of knowledge governance mechanisms in assessing the levels of externalities that define the likelihood of creative responses, as an alternative to adaptive responses.

Author : Cristiano Antonelli
Publisher : Edward Elgar Publishing
Page : 256 pages
File Size : 49,7 Mb
Release : 2017
Category : BUSINESS & ECONOMICS
ISBN : 9781782545149

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Endogenous Innovation by Cristiano Antonelli Pdf

This ground-breaking new book builds upon the Schumpeterian creative response. The author shows that firms, in out-of-equilibrium conditions, try and react by means of introducing innovations. The success of their reaction is contingent upon their access conditions to knowledge, which are shaped by the system in which they operate. The emergence of new innovations can, in turn, knock firms further out-of-equilibrium and cause changes in the system properties that govern their access to external knowledge. This path dependent loop of interactions between the system properties and the individual actions of firms, accounts for endogenous innovation and the dynamics of the system.

Author : Andreas Pyka,John Foster
Publisher : Springer
Page : 637 pages
File Size : 47,7 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.

Author : Antonelli, Cristiano
Publisher : Edward Elgar Publishing
Page : 579 pages
File Size : 40,5 Mb
Release : 2022-10-14
Category : Business & Economics
ISBN : 9781839106996

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Elgar Encyclopedia on the Economics of Knowledge and Innovation by Antonelli, Cristiano Pdf

A landmark reference work in the field, this Elgar Encyclopedia presents over 60 entries from scholars that have shaped the making of the economics of innovation as a distinct and specialised field of investigation within the broad range of economic disciplines. This will be a critical read for economics scholars, particularly those focusing on knowledge and innovation as it offers an understanding of the definitions of key terms in the field, the founding tenets of the topic, and the economics of knowledge and innovation in more specific contexts.

Author : Andreas Pyka,Uwe Cantner
Publisher : Springer
Page : 538 pages
File Size : 49,5 Mb
Release : 2017-11-15
Category : Business & Economics
ISBN : 9783319620091

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Foundations of Economic Change by Andreas Pyka,Uwe Cantner Pdf

The book illustrates the considerable advances in modern evolutionary economics and addresses core questions of economic behaviour, interaction of heterogeneous actors in uncertain environments and the possibility of aggregating observations on a macro-economic level. It presents the foundations of economic change as the major building blocks of an economic approach that focusses on complex processes driven by endogenous innovation as well as crisis. The theoretical considerations are complemented by econometric studies to demonstrate the relevance of evolutionary-economic thinking to improve our understanding of the most challenging issues related to economic growth and development.

Author : Shuanping Dai,Markus Taube
Publisher : Routledge
Page : 295 pages
File Size : 45,6 Mb
Release : 2019-11-06
Category : Social Science
ISBN : 9781351019729

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China's Quest for Innovation by Shuanping Dai,Markus Taube Pdf

The transition from a catching-up style economy to an innovation-driven economy poses a major challenge for China. This book examines the major issues at stake, outlines developments in crucial business fields and industries, and discusses the roles of top-down politics and bottom-up entrepreneurship. It focuses in particular on the institutional foundations of innovation, arguing that successful innovation relies on the favourable interplay of business, politics, and society, and that comprehensive institutional and organizational changes will be required in China in order for innovation to succeed. Overall, the book assesses how far China will be able to depart from the Western paradigm of successful innovation regimes and create its own innovation system with Chinese characteristics.

Author : Cristiano Antonelli
Publisher : Springer
Page : 197 pages
File Size : 42,7 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 : Cristiano Antonelli
Publisher : Edward Elgar Publishing
Page : 577 pages
File Size : 54,5 Mb
Release : 2011-01-01
Category : Technology & Engineering
ISBN : 9780857930378

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Handbook on the Economic Complexity of Technological Change by Cristiano Antonelli Pdf

This comprehensive and innovative Handbook applies the tools of the economics of complexity to analyse the causes and effects of technological and structural change. It grafts the intuitions of the economics of complexity into the tradition of analysis based upon the Schumpeterian and Marshallian legacies. The Handbook elaborates the notion of innovation as an emerging property of the organized complexity of an economic system, and provides the basic tools to understand the recursive dynamics between the emergence of innovation and the unfolding of organized complexity. In so doing, it highlights the role of organizational thinking in explaining the introduction of innovations and the dynamics of structural change. With a new methodological approach to the economics of technological change, this wide-ranging volume will become the standard reference for postgraduates, academics and practitioners in the fields of evolutionary economics, complexity economics and the economics of innovation.

Author : Girol Karacaoglu,Jacek B. Krawczyk,Anita King
Publisher : Springer
Page : 247 pages
File Size : 54,8 Mb
Release : 2019-01-28
Category : Political Science
ISBN : 9789811361043

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Intergenerational Wellbeing and Public Policy by Girol Karacaoglu,Jacek B. Krawczyk,Anita King Pdf

The distinctive contribution of this book is the formulation of an integrated social, environmental, and economic framework for public policy. This contribution is realised through investigations and conclusions in the following four domains: a formal stylised model that provides a platform for an integrated approach to public policy; a policy-informing simulation model that can be used to operationalise the public policy insights proposed in the stylised model; the implications of introducing fundamental (or radical) uncertainty and complexity into the policy framework; and the use of viability theory to demonstrate how one can think of and implement public policy in an uncertain and complex world, when the focus of policy needs to shift to building resilience to systemic risks. The book’s stylised model is constructed by weaving together threads from the wellbeing, human needs, complex systems, sustainable development, endogenous economic growth, directed technical change, and credit-based-money literatures. Throughout, the perspective is that of a policy adviser to a "wellbeing state", as distinct from a "welfare state". The key linkages or relationships in the model are supported by empirical evidence that draws on the wider literature in related fields.

Author : Cristiano Antonelli
Publisher : Unknown
Page : 128 pages
File Size : 54,9 Mb
Release : 2008
Category : Economic development
ISBN : OCLC:928901679

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The Economics of Innovation by Cristiano Antonelli Pdf

Author : Richard R. Nelson
Publisher : Harvard University Press
Page : 456 pages
File Size : 53,5 Mb
Release : 1985-10-15
Category : Business & Economics
ISBN : 0674041437

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An Evolutionary Theory of Economic Change by Richard R. Nelson Pdf

This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.

Author : Cristiano Antonelli,Alessandra Colombelli
Publisher : Cambridge University Press
Page : 130 pages
File Size : 54,6 Mb
Release : 2023-03-16
Category : Business & Economics
ISBN : 9781108996822

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The Creative Response by Cristiano Antonelli,Alessandra Colombelli Pdf

This Element combines the advances of the economics of knowledge and innovation implementing the Schumpeterian notion of creative response to understand the determinants and the effects of the rate and direction of technological and organizational change and its variance across time and space, firms, and industries. The notion of creative response provides an inclusive framework that enables to highlight the crucial role of knowledge in assessing the rate and direction of technological change and to clarify that no innovation is possible without the generation of new knowledge, while the generation of new knowledge augments the chances of innovation but does not automatically yield the introduction of innovation. Firms thus are faced with several strategic decisions to make the creative response possible. The Element elaborates on the analytical core of the notion of creative response and articulates its implications for economic policy and strategic management.

Author : Miroslav N. Jovanović
Publisher : Edward Elgar Publishing
Page : 789 pages
File Size : 49,9 Mb
Release : 2020-01-31
Category : Business & Economics
ISBN : 9781785368998

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Evolutionary Spatial Economics by Miroslav N. Jovanović Pdf

A crucial question in contemporary economics concerns where economic activities will locate and relocate themselves in the future. This comprehensive, innovative book applies an evolutionary framework to spatial economics, arguing against the prevailing neoclassical equilibrium model, providing important concrete and theoretical insights, and illuminating areas of future enquiry.

Author : Akansel, Ilkben
Publisher : IGI Global
Page : 338 pages
File Size : 46,6 Mb
Release : 2019-10-25
Category : Business & Economics
ISBN : 9781799810391

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Examining the Relationship Between Economics and Philosophy by Akansel, Ilkben Pdf

In today’s data-driven world, certain infrastructures of society have begun to lose their anthropological traits. Economics, specifically, has started placing importance on quantity over quality, excluding its philosophical perspective. Scientists and associates of economics need to be reacquainted with the psychological aspect of commerce and its significance to humanity. Examining the Relationship Between Economics and Philosophy is an essential reference source that discusses the psychological view of economics as well as its philosophical background. Featuring research on topics such as cognitive science, neoliberalism, and neuroeconomics, this book is ideally designed for scientists, economists, managers, executives, academicians, researchers, and students seeking coverage on the philosophy of the financial system and its impact on competitive markets.

Author : Uwe Cantner,Horst Hanusch,Steven Klepper
Publisher : Springer Science & Business Media
Page : 313 pages
File Size : 46,6 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9783642576461

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Economic Evolution, Learning, and Complexity by Uwe Cantner,Horst Hanusch,Steven Klepper Pdf

The twelve papers in this collection grew out of the workshop on "Eco nomic Evolution, Learning, and Complexity" held at the University of Augsburg, Augsburg, Germany on May 23-25, 1997. The Augsburg workshop was the second of two events in the Euroconference Series on Evolutionary Economics, the first of which was held in Athens, Greece in September 1993. A special issue of the Journal of Evolutionary Econo mics (1993(4)) edited by Yannis Katsoulacos on "Evolutionary and Neo classical Perspectives on Market Structure and Economic Growth" con tains selected papers from the Athens conference. The Athens conference explored neoclassical and evolutionary perspectives on technological competition and increasing returns. It helped to identify the dis tinguishing features of evolutionary scholarship. The Augsburg workshop was more oriented toward exploring methodological issues in evolutiona of the papers employed new me ry and related scholarship. A number thods, such as genetic programming and experimental analysis, some developed new econometric techniques or raised new empirical issues in evolutionary economics, and some relied on simulation techniques. Twelve papers covering a range of areas were selected for this collection. The papers address central issues in evolutionary and Schumpeterian accounts of industrial competition, learning, and innovation.