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Innovation Evolution Of Industry And Economic Growth
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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"--
Book Synopsis Innovation, Evolution of Industry and Economic Growth by : David B. Audretsch
Download or read book Innovation, Evolution of Industry and Economic Growth written by David B. Audretsch and published by Edward Elgar Publishing. This book was released on 2000 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Book Synopsis Innovation, Industry Evolution and Employment by : David B. Audretsch
Download or read book Innovation, Industry Evolution and Employment written by David B. Audretsch and published by Cambridge University Press. This book was released on 1999-08-05 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation, Industry Evolution and Employment offers a cross-disciplinary approach to employment creation and economic growth.
Book Synopsis Technology and the Pursuit of Economic Growth by : David C. Mowery
Download or read book Technology and the Pursuit of Economic Growth written by David C. Mowery and published by Cambridge University Press. This book was released on 1991-07-26 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technology's contribution to economic growth and competitiveness has been the subject of vigorous debate in recent years. This book demonstrates the importance of a historical perspective in understanding the role of technological innovation in the economy. The authors examine key episodes and institutions in the development of the U.S. research system and in the development of the research systems of other industrial economies. They argue that the large potential contributions of economics to the understanding of technology and economic growth have been constrained by the narrow theoretical framework employed within neoclassical economies. A richer framework, they believe, will support a more fruitful dialogue among economists, policymakers, and managers on the organization of public and private institutions for innovation. David Mowery is Associate Professor of Business and Public Policy at the School of Business Administration, University of California, Berkeley. Nathan S. Rosenberg is Fairleigh Dickinson Professor of Economics at Stanford University. He is the author of Inside the Black Box: Technology and Economics (CUP, 1983).
Book Synopsis Innovation and Industry Evolution by : David B. Audretsch
Download or read book Innovation and Industry Evolution written by David B. Audretsch and published by MIT Press. This book was released on 1995 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Innovation and the Evolution of Industries by : Franco Malerba
Download or read book Innovation and the Evolution of Industries written by Franco Malerba and published by Cambridge University Press. This book was released on 2016-08-11 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new approach to the analysis of technological process, emphasising the tailoring of formal modelling to historical context.
Book Synopsis Technological Innovation, Industrial Evolution, and Economic Growth by : Sanjaya Panth
Download or read book Technological Innovation, Industrial Evolution, and Economic Growth written by Sanjaya Panth and published by Routledge. This book was released on 2013-11-26 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 1998. Routledge is an imprint of Taylor & Francis, an informa company.
Book Synopsis Innovation, Economics and Evolution by : Peter H. Hall
Download or read book Innovation, Economics and Evolution written by Peter H. Hall and published by . This book was released on 1994 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Innovation, Industrial Dynamics and Structural Transformation by : Uwe Cantner
Download or read book Innovation, Industrial Dynamics and Structural Transformation written by Uwe Cantner and published by Springer Science & Business Media. This book was released on 2007-03-08 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an account of work in the Schumpeterian and evolutionary tradition of industrial dynamics and the evolution of industries. It is shown that over time industries evolve and change their structure. In this dynamic process, change is affected and sometimes constraint by many factors, including knowledge and technologies, the capabilities and incentives of actors, new products and processes, and institutions.
Book Synopsis The Evolution of Economic and Innovation Systems by : Andreas Pyka
Download or read book The Evolution of Economic and Innovation Systems written by Andreas Pyka and published by Springer. This book was released on 2015-03-03 with total page 637 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Entrepreneurship, Growth, and Innovation by : Enrico Santarelli
Download or read book Entrepreneurship, Growth, and Innovation written by Enrico Santarelli and published by Springer Science & Business Media. This book was released on 2006-03-29 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: The analysis of different national cases (including, Germany, Greece, Italy, Portugal, Turkey, the Netherlands, and the United States) puts forward that the relationship between entrepreneurship and growth (via innovation) is shaped by the context of country-specific institutions and industries, thereby providing hints for industrial and innovation policy.
Download or read book Innovation Commons written by Jason Potts and published by Oxford University Press, USA. This book was released on 2019 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Innovation Dynamism and Economic Growth by : Masaaki Hirooka
Download or read book Innovation Dynamism and Economic Growth written by Masaaki Hirooka and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Creative Industries and Economic Evolution by : Jason Potts
Download or read book Creative Industries and Economic Evolution written by Jason Potts and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: This insightful book offers a new way of looking at the arts, culture and the creative industries from the perspective of evolutionary economics. The creative industries are key drivers of modern economies. While economic analysis has traditionally advanced a market-failure model of arts and culture, this book argues for an evolutionary market dynamics or innovation-based approach. Jason Potts explores theoretical and conceptual aspects of an evolutionary economic approach to the study of the creative economy. Topics include creative businesses and labour markets, social networks, innovation processes and systems, institutions, and the role of creative industries in market dynamics and economic growth.
Book Synopsis Entrepreneurship and Economic Development by : Wim Naudé
Download or read book Entrepreneurship and Economic Development written by Wim Naudé and published by Springer. This book was released on 2010-12-08 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading international scholars provide a timely reconsideration of how and why entrepreneurship matters for economic development, particularly in emerging and developing economies. The book critically dissects the evolving relationship between entrepreneurs and the state.
Book Synopsis Theory of Innovation by : Jati Sengupta
Download or read book Theory of Innovation written by Jati Sengupta and published by Springer Science & Business Media. This book was released on 2013-10-04 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Technological Innovation, Industrial Evolution and Economic Growth by : Sanjaya Prashad Panth
Download or read book Technological Innovation, Industrial Evolution and Economic Growth written by Sanjaya Prashad Panth and published by . This book was released on 1994 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt:
