Competition and Growth

Download Competition and Growth PDF Online Free

Author :
Publisher : MIT Press
ISBN 13 : 0262512025
Total Pages : 115 pages
Book Rating : 4.2/5 (625 download)

DOWNLOAD NOW!


Book Synopsis Competition and Growth by : Philippe Aghion

Download or read book Competition and Growth written by Philippe Aghion and published by MIT Press. This book was released on 2008-01-25 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: Though competition occupies a prominent place in the history of economic thought, among economists today there is still a limited, and sometimes contradictory, understanding of its impact. In Competition and Growth, Philippe Aghion and Rachel Griffith offer the first serious attempt to provide a unified and coherent account of the effect competition policy and deregulated entry has on economic growth. The book takes the form of a dialogue between an applied theorist calling on "Schumpeterian growth" models and a microeconometrician employing new techniques to gauge competition and entry. In each chapter, theoretical models are systematically confronted with empirical data, which either invalidates the models or suggests changes in the modeling strategy. Aghion and Griffith note a fundamental divorce between theorists and empiricists who previously worked on these questions. On one hand, existing models in industrial organization or new growth economics all predict a negative effect of competition on innovation and growth: namely, that competition is bad for growth because it reduces the monopoly rents that reward successful innovators. On the other hand, common wisdom and recent empirical studies point to a positive effect of competition on productivity growth. To reconcile theory and evidence, the authors distinguish between pre- and post-innovation rents, and propose that innovation may be a way to escape competition, an idea that they confront with microeconomic data. The book's detailed analysis should aid scholars and policy makers in understanding how the benefits of tougher competition can be achieved while at the same time mitigating the negative effects competition and imitation may have on some sectors or industries.

Schumpeterian Perspectives on Innovation, Competition and Growth

Download Schumpeterian Perspectives on Innovation, Competition and Growth PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3540937773
Total Pages : 442 pages
Book Rating : 4.5/5 (49 download)

DOWNLOAD NOW!


Book Synopsis Schumpeterian Perspectives on Innovation, Competition and Growth by : Uwe Cantner

Download or read book Schumpeterian Perspectives on Innovation, Competition and Growth written by Uwe Cantner and published by Springer Science & Business Media. This book was released on 2009-07-25 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Competition, Innovation, and Inclusive Growth

Download Competition, Innovation, and Inclusive Growth PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1513574175
Total Pages : 28 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!


Book Synopsis Competition, Innovation, and Inclusive Growth by : International Monetary Fund

Download or read book Competition, Innovation, and Inclusive Growth written by International Monetary Fund and published by International Monetary Fund. This book was released on 2021-03-19 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: We provide an overview of the theories and empricial evidence on the complex relationship among innovation, competition, and inclusive growth. Competition and innovation-led growth are critical to drive productivity gains and support broad-based growth. However, new technologies and trends in market concentration are stifling future innovation while contributing to the marked increase in inequality. Beyond consumer welfare in a narrow market, competition policy should adapt to this new reality by considering the spillover and dynamic effects of market power, especially on firm entry, innovation, and inequality. Innovation policies should tackle not only government failures but also market failures.

Innovation Clusters and Interregional Competition

Download Innovation Clusters and Interregional Competition PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3540247602
Total Pages : 413 pages
Book Rating : 4.5/5 (42 download)

DOWNLOAD NOW!


Book Synopsis Innovation Clusters and Interregional Competition by : Johannes Bröcker

Download or read book Innovation Clusters and Interregional Competition written by Johannes Bröcker and published by Springer Science & Business Media. This book was released on 2012-11-02 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world's leading experts contribute to our understanding of regional innovation, cluster formation and the factors that influence regional productivity and innovative performance. The text improves our understanding of the reasons why, how and where innovation clusters emerge, as well as the factors that determine their respective success or failure. In doing so, it provides a timely and comprehensive picture on innovation, location, networks and clusters as important means in an environment of intensifying interregional competition. The book is written for professional researchers as well as for students and practitioners in politics, business and consultancy.

Schumpeterian Perspectives on Innovation, Competition and Growth

Download Schumpeterian Perspectives on Innovation, Competition and Growth PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 9783540937760
Total Pages : 450 pages
Book Rating : 4.9/5 (377 download)

DOWNLOAD NOW!


Book Synopsis Schumpeterian Perspectives on Innovation, Competition and Growth by : Uwe Cantner

Download or read book Schumpeterian Perspectives on Innovation, Competition and Growth written by Uwe Cantner and published by Springer. This book was released on 2009-08-06 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Innovation Tournaments

Download Innovation Tournaments PDF Online Free

Author :
Publisher : Harvard Business Press
ISBN 13 : 1422133389
Total Pages : 256 pages
Book Rating : 4.4/5 (221 download)

DOWNLOAD NOW!


Book Synopsis Innovation Tournaments by : Christian Terwiesch

Download or read book Innovation Tournaments written by Christian Terwiesch and published by Harvard Business Press. This book was released on 2009-06-09 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managers, entrepreneurs, and venture capitalists all seek to maximize the financial returns from innovation, and profits are driven largely by the quality of the opportunities they pursue. Based on a structured and process-driven approach this book demonstrates how to systematically identify exceptional opportunities for innovation. An innovation tournament, just like its counterpart in sports, starts with a large number of candidates, with opportunities as the players. These opportunities are pitted against each other until only the exceptional survive. This book provides a principled approach for the effective management of innovation tournaments - identifying a wealth of promising opportunities and then evaluating and filtering them intelligently for greatest profitability. With a set of practical tools for creating and identifying new opportunities, it guides the reader in evaluating and screening opportunities. The book demonstrates how to construct an innovation portfolio and how to align the innovation process with an organization's competitive strategy. Innovation Tournaments employs quirky, fresh examples ranging from movies to medical devices. The authors' tool kit is built on their extensive research, their entrepreneurial backgrounds, and their teaching and consulting work with many highly innovative organizations.

Competition and Growth

Download Competition and Growth PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 0230505317
Total Pages : 185 pages
Book Rating : 4.2/5 (35 download)

DOWNLOAD NOW!


Book Synopsis Competition and Growth by : J. K. Sengupta

Download or read book Competition and Growth written by J. K. Sengupta and published by Springer. This book was released on 2004-10-14 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: Jati K. Sengupta examines the market dynamics of the evolution of industry and the impact of new technology with R&D and knowledge capital. The book builds the theory of innovations in the contexts of the high-tech industries of today such as computing and telecommunications.

Growth in the Age of Complexity: Steering Your Company to Innovation, Productivity, and Profits in the New Era of Competition

Download Growth in the Age of Complexity: Steering Your Company to Innovation, Productivity, and Profits in the New Era of Competition PDF Online Free

Author :
Publisher : McGraw Hill Professional
ISBN 13 : 0071835547
Total Pages : 256 pages
Book Rating : 4.0/5 (718 download)

DOWNLOAD NOW!


Book Synopsis Growth in the Age of Complexity: Steering Your Company to Innovation, Productivity, and Profits in the New Era of Competition by : Andrei Perumal

Download or read book Growth in the Age of Complexity: Steering Your Company to Innovation, Productivity, and Profits in the New Era of Competition written by Andrei Perumal and published by McGraw Hill Professional. This book was released on 2017-12-01 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new lens on growth and a critical set of strategies for navigating a complex world Growth is rarely in a straight line. It is tempting to think otherwise, particularly when looking in the rear view mirror, but anyone faced with plotting the coordinates for a company's growth knows the fallacy of this notion. As much as we like to think of corporate leaders executing sure-fire growth strategies, the truth is far messier: it’s more an act of exploration and discovery than a step-by-step process. In Growth in the Age of Complexity, the authors describe in detail how complexity has impacted businesses and the markets in which they compete, and the strategies, mindsets and skillsets required to grow profitably! New strategies are required to navigate the “Sirens of Growth”: the growth plans borne of Industrial Age mindsets that too frequently lead to complexity vs. scale. In addition, companies need to develop an Explorer’s Mindset and a Navigator’s Skillset to sustain performance. You’ll discover how to: •Assess where you’re truly making money •Reignite your core products and services to drive growth •Incorporate experimentation as a key way to discover new opportunities •Create an operating model for scale, location, and replication •Identify new markets where you are positioned to win •Understand the fundamentals for executing in a distributed organization This book is an invaluable tool for achieving growth and maintaining a competitive advantage in virtually any business.

Innovation Matters

Download Innovation Matters PDF Online Free

Author :
Publisher : MIT Press
ISBN 13 : 0262545799
Total Pages : 337 pages
Book Rating : 4.2/5 (625 download)

DOWNLOAD NOW!


Book Synopsis Innovation Matters by : Richard J. Gilbert

Download or read book Innovation Matters written by Richard J. Gilbert and published by MIT Press. This book was released on 2022-06-07 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: A proposal for moving from price-centric to innovation-centric competition policy, reviewing theory and evidence on economic incentives for innovation. Competition policy and antitrust enforcement have traditionally focused on prices rather than innovation. Economic theory shows the ways that price competition benefits consumers, and courts, antitrust agencies, and economists have developed tools for the quantitative evaluation of price impacts. Antitrust law does not preclude interventions to encourage innovation, but over time the interpretation of the laws has raised obstacles to enforcement policies for innovation. In this book, economist Richard Gilbert proposes a shift from price-centric to innovation-centric competition policy. Antitrust enforcement should be concerned with protecting incentives for innovation and preserving opportunities for dynamic, rather than static, competition. In a high-technology economy, Gilbert argues, innovation matters. Gilbert considers both theory and available empirical evidence on the relationships among market structure, firm behavior, and the production of new products and services. He reviews the distinctive features of the high-tech economy and why current analytical tools used by antitrust enforcers aren't up to the task of assessing innovation concerns. He considers, from the perspective of innovation competition, Kenneth Arrow's “replacement effect” and the Schumpeterian theory of market power and appropriation; discusses the effect of mergers on innovation and future price competition; and reviews the empirical literature on competition, mergers, and innovation. He describes examples of merger enforcement by US and European antitrust agencies; examines cases brought against Microsoft and Google; and discusses the risks and benefits of interoperability standards. Finally, he offers recommendations for competition policy. The open access edition of this book was made possible by generous funding from Arcadia – a charitable fund of Lisbet Rausing and Peter Baldwin.

Innovation Prowess

Download Innovation Prowess PDF Online Free

Author :
Publisher : University of Pennsylvania Press
ISBN 13 : 1613631316
Total Pages : 138 pages
Book Rating : 4.6/5 (136 download)

DOWNLOAD NOW!


Book Synopsis Innovation Prowess by : George S. Day

Download or read book Innovation Prowess written by George S. Day and published by University of Pennsylvania Press. This book was released on 2013-04-16 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wharton professor George S. Day shows that growth leaders use their innovation prowess to accelerate their growth at a faster rate. In this essential guide, Day reveals how to build this prowess by combining discipline in growth-seeking activities with an organizational ability to innovate.

Innovation and Growth Chasing a Moving Frontier

Download Innovation and Growth Chasing a Moving Frontier PDF Online Free

Author :
Publisher : OECD Publishing
ISBN 13 : 9789264073968
Total Pages : 272 pages
Book Rating : 4.0/5 (739 download)

DOWNLOAD NOW!


Book Synopsis Innovation and Growth Chasing a Moving Frontier by : OECD

Download or read book Innovation and Growth Chasing a Moving Frontier written by OECD and published by OECD Publishing. This book was released on 2009-12-18 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, the OECD and the World Bank jointly take stock of how globalisation is posing new challenges for innovation and growth in both developed and developing countries, and how countries are coping with them.

Networks, Competition, Innovation and Industrial Growth

Download Networks, Competition, Innovation and Industrial Growth PDF Online Free

Author :
Publisher :
ISBN 13 : 9781634840224
Total Pages : 182 pages
Book Rating : 4.8/5 (42 download)

DOWNLOAD NOW!


Book Synopsis Networks, Competition, Innovation and Industrial Growth by : Hans-Werner Gottinger

Download or read book Networks, Competition, Innovation and Industrial Growth written by Hans-Werner Gottinger and published by . This book was released on 2016 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some structural elements of networks carry over to features of dynamic competition in network industries that, through increasing return mechanisms on innovation based industries, generate sustainable growth and create industrial linkages as a backbone to industrial/economic growth. The project focuses on the integration of network structure, industrial competition and industrial growth processes into a coherent mechanism design. This text should be of interest to policy analysts/ makers, industry strategists/ consultants, students of industrial economics/organization, entrepreneurship/ management and economic journalists alike with interest in and focus on strategic and structural foundations of network economies and their industrial implications. The book is also designed to be used as a text for a course in business strategy as it could serve as a supplementary text to industrial organization and being part of the micro-foundations of economic growth and development neglected in the mostly macro-centered economic growth literature. Content-wise, links are drawn from the structure of networks to dynamic competition in innovation focused industries, its restrictions and abuses of dominance in market structures and potential future markets for antitrust, to the growth of industries through increasing returns mechanisms in complementary markets and the consequences for industrial growth and development. Coverage includes: 1. Integrating Networks, Dynamic Competition and Industrial Growth, 2. Networks, Technology and Competition, 3. Dynamics of Competition and Market Dynamics, 4. Increasing Returns Mechanism, 5.Industrial and Economic Growth: A Review, 6. Mechanism Design for Economic Development, and 7. Network-centered Industrial Growth. The central theme of this compilation is the interplay of competition, innovation, cooperation and market structure along vertical and horizontal industry lines. Interaction and interdependencies are facilitated and sometimes bottlenecked through networks most naturally prevalent in high technology industries. This forms the core basis of business strategy relating to the growth of business and complementary activities through innovation, mergers and acquisitions (M and As) and related strategic choices.

The Role of Innovation and Entrepreneurship in Economic Growth

Download The Role of Innovation and Entrepreneurship in Economic Growth PDF Online Free

Author :
Publisher : University of Chicago Press
ISBN 13 : 022681078X
Total Pages : 633 pages
Book Rating : 4.2/5 (268 download)

DOWNLOAD NOW!


Book Synopsis The Role of Innovation and Entrepreneurship in Economic Growth by : Michael J Andrews

Download or read book The Role of Innovation and Entrepreneurship in Economic Growth written by Michael J Andrews and published by University of Chicago Press. This book was released on 2022-03-17 with total page 633 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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"--

Competition, Innovation, and Growth in Japan

Download Competition, Innovation, and Growth in Japan PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 9811038635
Total Pages : 267 pages
Book Rating : 4.8/5 (11 download)

DOWNLOAD NOW!


Book Synopsis Competition, Innovation, and Growth in Japan by : Yuji Honjo

Download or read book Competition, Innovation, and Growth in Japan written by Yuji Honjo and published by Springer. This book was released on 2017-05-11 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses three important concepts in the economy—competition, innovation, and growth—using various cases and available data in Japan and other countries. First, the authors discuss competition, including global competition, to provide a better understanding of competition policy in Japan. Then, the authors examine the effects of human capital and alliance on innovation while providing new innovation indicators. Moreover, the authors examine growth from the perspective of corporate strategy such as acquisition, including international comparison. The interplay of competition, innovation, and growth has been prevalent in Japan, and it still acts as a catalyst for stimulating the stagnant economy. A better understanding of competition, innovation, and growth provides the tools to reinvigorate the stagnant economy in Japan and to reinforce the economy in other countries where the period of rapid growth has ended.

The Innovation Illusion

Download The Innovation Illusion PDF Online Free

Author :
Publisher : Yale University Press
ISBN 13 : 0300217404
Total Pages : 313 pages
Book Rating : 4.3/5 (2 download)

DOWNLOAD NOW!


Book Synopsis The Innovation Illusion by : Fredrik Erixon

Download or read book The Innovation Illusion written by Fredrik Erixon and published by Yale University Press. This book was released on 2016-01-01 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Companies, entrepreneurs, and complexity -- Capitalism and economic dynamism -- What is wrong - the map or the reality? -- Technology and income - are they decoupling? -- Jobs and technology -- Innovation famine rather than innovation feast -- 9 THE FUTURE AND HOW TO PREVENT IT -- From corporate globalism to global corporatism -- The continued rise of regulatory uncertainty -- The "silver tsunami" for cash -- Future imperfect -- Preventing the future -- NOTES -- REFERENCES -- INDEX

The Free-Market Innovation Machine

Download The Free-Market Innovation Machine PDF Online Free

Author :
Publisher : Princeton University Press
ISBN 13 : 069111630X
Total Pages : 332 pages
Book Rating : 4.6/5 (911 download)

DOWNLOAD NOW!


Book Synopsis The Free-Market Innovation Machine by : William J. Baumol

Download or read book The Free-Market Innovation Machine written by William J. Baumol and published by Princeton University Press. This book was released on 2004-04-11 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why has capitalism produced economic growth that so vastly dwarfs the growth record of other economic systems, past and present? Why have living standards in countries from America to Germany to Japan risen exponentially over the past century? William Baumol rejects the conventional view that capitalism benefits society through price competition--that is, products and services become less costly as firms vie for consumers. Where most others have seen this as the driving force behind growth, he sees something different--a compound of systematic innovation activity within the firm, an arms race in which no firm in an innovating industry dares to fall behind the others in new products and processes, and inter-firm collaboration in the creation and use of innovations. While giving price competition due credit, Baumol stresses that large firms use innovation as a prime competitive weapon. However, as he explains it, firms do not wish to risk too much innovation, because it is costly, and can be made obsolete by rival innovation. So firms have split the difference through the sale of technology licenses and participation in technology-sharing compacts that pay huge dividends to the economy as a whole--and thereby made innovation a routine feature of economic life. This process, in Baumol's view, accounts for the unparalleled growth of modern capitalist economies. Drawing on extensive research and years of consulting work for many large global firms, Baumol shows in this original work that the capitalist growth process, at least in societies where the rule of law prevails, comes far closer to the requirements of economic efficiency than is typically understood. Resounding with rare intellectual force, this book marks a milestone in the comprehension of the accomplishments of our free-market economic system--a new understanding that, suggests the author, promises to benefit many countries that lack the advantages of this immense innovation machine.

Technology, Growth, and Development

Download Technology, Growth, and Development PDF Online Free

Author :
Publisher : Oxford University Press on Demand
ISBN 13 : 9780195118711
Total Pages : 656 pages
Book Rating : 4.1/5 (187 download)

DOWNLOAD NOW!


Book Synopsis Technology, Growth, and Development by : Vernon W. Ruttan

Download or read book Technology, Growth, and Development written by Vernon W. Ruttan and published by Oxford University Press on Demand. This book was released on 2001 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technology, Growth, and Development uniquely presents the complexities of technical and institutional change on the foundation of modern growth theory. The author shows how the rates and directions of technical change are induced by changes in competitive funding and institutional innovations in the modern research university and industrial laboratory. In turn, technical change itself becomes a powerful source of institutional change. Organized by the author in four parts, the first-Productivity and Economic Growth-gives specific reasons for the slowing of productivity growth in the United States and other leading industrial countries during the last quarter of the twentieth century. In Part II-Sources of Technical Change-the author examines a host of economic factors that influence invention and innovation; the rate and direction of institutional change; and the adoption, diffusion, and transfer of technology. In Part III-Technical Innovation and Industrial Change-he traces the sources and impact of technical change in five strategically important industries: agriculture, electric power, chemical, computer, and biotechnology. The final section, Part IV-Technology Policy-evaluates the role of technical change in international competition, the role of science and technology in environmental policy, and the evolution of U.S. science and technology policy. Technology, Growth, and Development makes few mathematical demands on students, and will be used in courses within economics departments as well as management and public affairs. In addition, it will be required reading for professional economists, managers, and policy analysts at all levels.