Innovation, Economic Progress and the Quality of Life

Innovation, Economic Progress and the Quality of Life
Author: Gerald Patrick Sweeney
Publisher: Edward Elgar Publishing
Total Pages: 200
Release: 2001
Genre: Business & Economics
ISBN:

Innovation, science and technology and the wealth gained from them make continuous media copy and yet there is a manifest imbalance in society, a paradox of more prosperity but growing exclusion. This book marks the 25th anniversary of the Six Countries Programme, which pioneered the study of innovation from a policy viewpoint but with a radical ethos. This ethos is continued by the contributors to this book who challenge much of the current thinking on innovation and technology and attempt to provide markers for the way ahead. They propose a systemic approach to the innovation process as the route to a more sustainable future and provide the alternative of a learning society to a knowledge society which seems to be inexorably driven by Schumpetarian dynamics.

From Imagination to Innovation

From Imagination to Innovation
Author: A. Coskun Samli
Publisher: Springer Science & Business Media
Total Pages: 145
Release: 2011-08-23
Genre: Business & Economics
ISBN: 1461408547

It is impossible to measure the full economic and psychological benefits of the sewing machine, the polio vaccine, or the Internet. What we know is that these products have changed our lives for the better, generating net benefits well beyond the metric of corporate profits. As forces such as financial market volatility and fragmented markets demonstrate the fragility of the global economy, the imperative to develop products and services that contribute to the well-being of the many—rather than the few—is more pronounced than ever. In this book, A. Coskun Samli explores this imperative of an “innovation culture” and how it can be encouraged at all levels, from the individual to the nation or region. He argues that without a global innovation culture, committed to generating socially valuable products, we are likely to face a deteriorating quality of life, as wealth is concentrated at the top. Integrating insights from management, economics, policy, and psychology, Samli demonstrates how creativity can be channeled into innovation and innovation can be channeled, in turn, toward economic development. He discusses how national policies can be oriented toward encouraging such socially beneficial innovations as sustainable energy, communication technology, and medical discoveries. The aim is to promote the development of products and services that improve quality of life and generate profits for those who invest in them. He argues that all innovations, whether radical or incremental, must demonstrate social value in order to be truly profitable.

Happiness, Technology and Innovation

Happiness, Technology and Innovation
Author: Gaël Brulé
Publisher: Springer Nature
Total Pages: 95
Release: 2021-08-27
Genre: Business & Economics
ISBN: 3030826856

This book asks what kind of impacts innovations and technology have on subjective well-being and happiness. It presents the state of the art both in terms of results and theoretical questioning on these topics. It proposes a new concept: innovation that leads to greater happiness, and highlights new research in this area. In so doing, it addresses a less researched area in the field of well-being research. The authors state that notwithstanding the indisputable positive contributions of innovation and technology, there are also drawbacks, which need equal attention in research. This book is of interest to students and researchers of quality of life and well-being, as well as innovation research.

Empowering the Market Economy through Innovation and Entrepreneurship

Empowering the Market Economy through Innovation and Entrepreneurship
Author: A. Coskun Samli
Publisher: Springer
Total Pages: 189
Release: 2016-04-26
Genre: Business & Economics
ISBN: 113755827X

This book argues that the strength of our dynamic society is a market economy, which functions well only if positive and constructive marketing practices are performed. It offers innovative alternatives for achieving economic progress and outlines strategies to create conditions for equal opportunity. The American economy has transitioned from a “survival of the fittest" to "survival of the fattest" mentality, focusing less on the people and quality of life and more on the amount of dollars to be gained. The divide between the 1% and 99% leaves lower-income individuals at a significant disadvantage and threatens both economic and societal advancement. The author offers clear, intelligible solutions to accomplish this such as eliminating discrimination, providing opportunities for new ideas and industries, enhancing quality of life, and encouraging more competition so that radical innovations can emerge and make a positive difference. This book will appeal to leaders and researchers across marketing, economics, management, and accounting looking for answers on how to get the American economy back on track.

Innovation Economics

Innovation Economics
Author: Robert D. Atkinson
Publisher: Yale University Press
Total Pages: 544
Release: 2012-09-04
Genre: Business & Economics
ISBN: 0300189117

This important book delivers a critical wake-up call: a fierce global race for innovation advantage is under way, and while other nations are making support for technology and innovation a central tenet of their economic strategies and policies, America lacks a robust innovation policy. What does this portend? Robert Atkinson and Stephen Ezell, widely respected economic thinkers, report on profound new forces that are shaping the global economy—forces that favor nations with innovation-based economies and innovation policies. Unless the United States enacts public policies to reflect this reality, Americans face the relatively lower standards of living associated with a noncompetitive national economy.The authors explore how a weak innovation economy not only contributed to the Great Recession but is delaying America's recovery from it and how innovation in the United States compares with that in other developed and developing nations. Atkinson and Ezell then lay out a detailed, pragmatic road map for America to regain its global innovation advantage by 2020, as well as maximize the global supply of innovation and promote sustainable globalization.

The Changing Economics of Medical Technology

The Changing Economics of Medical Technology
Author: Institute of Medicine
Publisher: National Academies Press
Total Pages: 225
Release: 1991-02-01
Genre: Medical
ISBN: 030904491X

Americans praise medical technology for saving lives and improving health. Yet, new technology is often cited as a key factor in skyrocketing medical costs. This volume, second in the Medical Innovation at the Crossroads series, examines how economic incentives for innovation are changing and what that means for the future of health care. Up-to-date with a wide variety of examples and case studies, this book explores how payment, patent, and regulatory policiesâ€"as well as the involvement of numerous government agenciesâ€"affect the introduction and use of new pharmaceuticals, medical devices, and surgical procedures. The volume also includes detailed comparisons of policies and patterns of technological innovation in Western Europe and Japan. This fact-filled and practical book will be of interest to economists, policymakers, health administrators, health care practitioners, and the concerned public.

The Great Global Idea Race

The Great Global Idea Race
Author: Hobart McKinley Conway
Publisher:
Total Pages: 360
Release: 2007
Genre: Business & Economics
ISBN: 9780910436649

The key element in the development success equation today is ideas. Conway looks at ways the world's idea development processes can be improved, where it can be improved, and by whom.

Quality of Life, Human Capital and the Innovativeness of European Cities

Quality of Life, Human Capital and the Innovativeness of European Cities
Author: Roland Spitzlinger
Publisher: GRIN Verlag
Total Pages: 80
Release: 2010-05-26
Genre: Business & Economics
ISBN: 3640630351

Diploma Thesis from the year 2003 in the subject Business economics - Business Management, Corporate Governance, grade: Sehr Gut, University of Applied Sciences Kufstein Tirol (International Business Studies), language: English, abstract: On the turn from an industrial to a knowledge based economy the rules of economic geography have changed significantly. Human capital and a high quality of life which attracts it have become the most important factors for urban economic growth. The goal of the study was to find out whether there is evidence for the hypothesis that European cities with a high quality of life are more innovative. The reasoning is that a nice living environment attracts educated people, which in the next step lures knowledge-based companies and stirs innovative activity. The results of the statistical analysis carried out by the author prove the hypothesis that quality of life and innovativeness are connected. Specifically a good environmental quality directly supports the production of scientific articles. Together with a high-educated labor force it also attracts innovative high-tech companies, which increase the production of patents. An overall high quality of life and a high income level attract educated people and increase the knowledge base of a city. However, a city does not necessarily have to be rich in monetary resources to achieve a good innovative performance. In fact, the quality of life predicts the innovativeness of European cities better than the income level. Despite these findings the author also found evidence that a good environmental condition as well as learning effects through industry agglomeration increase the efficiency of knowledge workers. Cities that are home to a big number of high-tech companies and offer a nice environment produce considerably more patents per invested R&D money than other cities. The results of the study suggest that city officials should turn away from attracting high-tech companies by monetary means and should instead concentrate on improving quality of life, especially stressing environmental cleanness. This should increase the source, which knowledge-based companies really look for in a knowledge based market place, highly educated professionals.

Beyond Economic Growth

Beyond Economic Growth
Author: Johannes Carl
Publisher:
Total Pages: 0
Release: 2024*
Genre:
ISBN:

The ultimate goal of economics is to understand and improve social welfare. Nevertheless, the dominant discussion in economics is still centered on production, consumption, and monetary outcomes. Therefore, economic growth has been one of the main goals of politics for the last few decades. As a prominent driver of technological progress, regional and national competitiveness, and ultimately, economic growth, technological innovation is often at the core of these considerations. However, growth and innovation are also increasingly associated with adverse side effects. Moreover, the focus shifted from pure economic towards more inclusive approaches, also considering social effects. Indeed, there is comprehensive evidence for an urgent call to think beyond economic growth from all parts of society. The role of innovation may consequently also be reconsidered to improve people's quality of life instead of solely fueling pure economic growth. This dissertation addresses several research gaps on the social consequences of innovation. It first explores the influence of universities on a micro and an institutional level. This work further examines the social impact of radical innovations by disentangling the complex relationship between radical innovations and objective well-being. Finally, a new approach to measure the concept of social innovation and thus enable more empirical work in this field is created. The findings show that the potential of universities regarding their social impact is largely unused. Moreover, the social consequences of innovation are often overlooked. They need to be known and properly addressed. This urges policymakers, stakeholders, and researchers to adopt a more nuanced view regarding the effects of innovations and actors of innovation systems. Social considerations need to be included and complement the focus on technological advancement prospectively.