world in which only a minority with the right knowledge and skills--the right "human capital"--reap the majority of the … vicious one, as a lack of human capital leads to family breakdown, unemployment, dysfunction, and further erosion of knowledge …

world in which only a minority with the right knowledge and skills--the right "human capital"--reap the majority of the … vicious one, as a lack of human capital leads to family breakdown, unemployment, dysfunction, and further erosion of knowledge …

Posing a major challenge to economic orthodoxy, <i>Imperfect Knowledge Economics</i> asserts that exact models of … attention to the inherent limits of economists' knowledge, they introduce a new approach to economic analysis: Imperfect … Knowledge Economics (IKE). IKE rejects exact quantitative predictions of individual decisions and market outcomes in favor of …

technologies to growth based on increased efficiency and innovation--then became the problem. Thus, the key questions for the … future are whether Europe and its constituent nations can now adapt their institutions to the needs of a globalized knowledge …

different approaches to innovation, and that each is associated with a distinct pattern of discovery over a lifetime …

innovation may depend less on lone thinkers with enormous IQs than on diverse people working together and capitalizing on their …

How much credit can be given to entrepreneurship for the unprecedented innovation and growth of free … as their starting point William J. Baumol's 2002 book <i>The Free-Market Innovation Machine</i> (Princeton), which argued …

incomes, education, innovation, and technology. But rapid globalization has also created concerns because the repercussions of …

This book brings together a group of leading economic historians to examine how institutions, innovation, and …

grassroots dynamism that was necessary for widespread, indigenous innovation. Most innovation wasn't driven by a few isolated …-being and the "good life" in a broader sense--was created by this mass innovation. Yet indigenous innovation and flourishing … weakened decades ago. In America, evidence indicates that innovation and job satisfaction have decreased since the late 1960s …