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Economic literature describes drastic and non-drastic innovations as sources of marginal cost reduction. The difference … is that non-drastic innovations are unable to reduce the new marginal cost in order to ensure that the innovator is able …
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Technology adoption has been the main obstacle in realizing agricultural potential in the country in general and Bihar in particular. The present study focuses on level of adoption, access of farmers to farm technology, quality of modern technology, access to agricultural extension institutions...
Persistent link: https://www.econbiz.de/10011111898
Innovations issues carried out by the international organizations. The objective of the article is to stimulate the discussion …
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This paper introduces the evolving understanding and conceptualization of innovation process models. From the discussion of different approaches towards the innovation process understanding and modeling two types of approaches to the evolution of innovation models are developed and discussed....
Persistent link: https://www.econbiz.de/10011258734
This paper presents a somewhat novel theory of innovation in the economy wide setting. The starting point for this theory is the creative destruction process at the firm and industry level. However, an extension to an economy wide setting requires the explicit theorization of the role of the...
Persistent link: https://www.econbiz.de/10005837209