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really agree on how to do it, especially for truly radical new products and services. In Innovation Equity, Elie Ofek, Eitan …
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"The analytical challenge in such constantly shifting environments, explained Friedrich Hayek in his 1974 Nobel acceptance speech, is to understand an economy as an 'organized complexity.' Although the term 'complex systems' wasn't yet well established, Hayek recognized structures of 'essential...
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This volume sheds light on the current state of complex networks and nonlinear dynamics applied to the understanding of economic and social phenomena ranging from geographical economics to macroeconomics and finance, and its purpose is to give readers an overview of several interesting topics...
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The upheavals of recent decades show us that traditional models of understanding processes of social and economic change are failing to capture real-world risk and volatility. This has resulted in flawed policy that seeks to capture change in terms of the rise or decline of regimes or regions....
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The chapter reviews the generation and adoption of new technologies in the agricultural sector. The first section … describes models of induced innovation and experimentation, considers the political economy of public investments in … agricultural research, and addresses institutions and public policies for managing innovation activity. The second section reviews …
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