Schumpeterian Perspectives On Innovation Competition And Growth
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Author | : Uwe Cantner |
Publisher | : Springer Science & Business Media |
Total Pages | : 442 |
Release | : 2009-07-25 |
Genre | : Business & Economics |
ISBN | : 3540937773 |
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 | : Uwe Cantner |
Publisher | : Springer |
Total Pages | : 450 |
Release | : 2009-08-29 |
Genre | : Business & Economics |
ISBN | : 9783540938798 |
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 | : Frederic M. Scherer |
Publisher | : Cambridge, Mass. : MIT Press |
Total Pages | : 297 |
Release | : 1984-01-01 |
Genre | : Technological innovations |
ISBN | : 9780262192224 |
These sixteen essays are drawn from a body of work strongly influenced by the thought of Joseph A. Schumpeter.
Author | : Uwe Cantner |
Publisher | : Springer Science & Business Media |
Total Pages | : 344 |
Release | : 2005-12-12 |
Genre | : Business & Economics |
ISBN | : 3540269940 |
Silicon Valley is the most salient example of high-tech industrial clusters. Public policymakersthroughouttheworldwouldliketolearnthesecretsofSiliconValley in order to build their own high-tech economies. The existing literature on ind- trial clusters, which traces back to Marshall (1920), focuses on the way in which ?rms bene?t from locating in a cluster; it suggests that once a cluster comes into existence, it tends to reinforce itself by attracting more ?rms. However, a more important question is how to reach this critical mass in the ?rst place. In contrast to the literature, evidence suggests that entrepreneurs rarely move when they est- lish high-tech start-ups (Cooper and Folta, 2000). This contradicts the notion that location choice analyses lead entrepreneurs to a high-tech cluster. A high-tech industrial cluster such as Silicon Valley is characterized by c- centratedentrepreneurship. FollowingSchumpeter,weemphasizethefactthat“the appearance of one or a few entrepreneurs facilitates the appearance of others” (Schumpeter,1934). Weproposeanagent-basedcomputationalmodeltoshowhow high-tech industrial clusters could emerge in a landscape in which no ?rms existed originally. The model is essentially a spatial version of the Nelson-Winter model: Boundedly rational agents are scattered over an explicitly de?ned landscape. Each agent is endowed with some technology, which determines his ?rm’s productivity (if he has one). During each period of time, an agent with no ?rm would make a decision as to whether he wants to start one. This decision is mostly affected by the behavior of his social contacts, who are all his neighbors.
Author | : Yūichi Shionoya |
Publisher | : University of Michigan Press |
Total Pages | : 378 |
Release | : 1994 |
Genre | : Biography & Autobiography |
ISBN | : 9780472105342 |
In this volume a group of distinguished scholars take up the familiar Schumpeterian theme of innovation. They cast it in a new light by emphasizing not technology and innovation in particular industries but rather innovation in institutions and organizational structures. They thus cumulatively argue that innovation promotes not only industry but the evolution of society as a whole.
Author | : Franco Malerba |
Publisher | : Cambridge University Press |
Total Pages | : 465 |
Release | : 2007-03-29 |
Genre | : Business & Economics |
ISBN | : 0521685613 |
Case studies, empirical models, appreciative analyses and formal theories abound.
Author | : Gunnar Eliasson |
Publisher | : |
Total Pages | : 464 |
Release | : 1998 |
Genre | : Biography & Autobiography |
ISBN | : |
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 | : Andreas Pyka |
Publisher | : Springer Science & Business Media |
Total Pages | : 293 |
Release | : 2011-05-10 |
Genre | : Business & Economics |
ISBN | : 3642158862 |
This book discusses the influence of technological and institutional change on development and growth, the impact on innovation of labor markets, the spatial distribution of innovation dynamics, and the meaning of knowledge generation and knowledge diffusion processes for development policies. The individual articles demonstrate the powerful possibilities that emerge from the toolkit of evolutionary and Schumpeterian economics. The book shows that evolutionary economics can be applied to the multi-facetted phenomena of economic development, and that a strong orientation on knowledge and innovation is key to development, especially in less developed and emerging economies.
Author | : Peter Howitt |
Publisher | : |
Total Pages | : 15 |
Release | : 2007 |
Genre | : Canada |
ISBN | : 9780888067098 |
To sustain growth, Canada must engage in a never-ending process of economic development and transformation. To do so, new growth theory indicates that Canada should ensure that competition policy boosts innovation, beware of further extending patent protection, and welcome international trade and technological change.
Author | : Sidney G. Winter |
Publisher | : |
Total Pages | : 320 |
Release | : 1984 |
Genre | : |
ISBN | : 9789172042322 |