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The purpose of this paper is to provide a broad overview of the field of innovation studies. We focus on the the … economics and sociology of innovation, which we can define as the study of the dynamic processes of generation, development … research on innovation, we have chosen a disciplinary criterion. We have therefore identified several different theoretical …
Persistent link: https://www.econbiz.de/10005786972
innovation to economic growth. This paper is based on the theorem that was built up in the paper that I wrote in 2007 entitled …
Persistent link: https://www.econbiz.de/10005621752
This article evaluates Herbert A. Simon’s contribution to organization theory, placing special emphasis on the criterion of bounded rationality. Simon’s criticism of the orthodox version of organizational bureaucracy is interpreted and his analysis is extended to institutional economics. One...
Persistent link: https://www.econbiz.de/10011260227
The paper revisits the socioeconomic theory of the Austrian School economist Ludwig M. Lachmann. By showing that the common claim that Lachmann’s idiosyncratic (read: eclectic and multidisciplinary) approach to economics entails nihilism is unfounded, it reaches the following conclusions. (1)...
Persistent link: https://www.econbiz.de/10005617120
There are historical and institutional reasons behind our economic problems like poverty and environmental damage but it is not acceptable if they persist in years to come. The strategic use of information by individual economic agents establishes a biasing effect on our economy. In case of...
Persistent link: https://www.econbiz.de/10008784638
This paper is devoted to the analysis of evolution of innovation concepts, aspect and types. First emergence and … evolution of different aspects and concepts of innovation are analysed, then the development of innovation concepts from a … historical perspective and finally an overview given of types of innovation classifications developed in the literature …
Persistent link: https://www.econbiz.de/10011259326
The nineties in Argentina was marked by an ambitious set of structural reforms known as the Convertibility Plan. Margin, some authors claim that their collapse was due, among other things, lack of competitiveness of Argentina's economy. We believe that this did not go unnoticed by "policymakers"...
Persistent link: https://www.econbiz.de/10008727915
This paper presents a somewhat novel theory of innovation in the economy wide setting. The starting point for this … process characterizing innovation is structured more consciously by the state (or the states in a particular region). It can … historical experience. Following Schumpeter we assume that innovation in specific firms can have economy-wide effects. Models …
Persistent link: https://www.econbiz.de/10005837209
We draw on diverse data sets to compare the institutional organization of upstream life science research across the United States and Europe. Understanding cross-national differences in the organization of innovative labor in the life sciences requires attention to the structure and evolution of...
Persistent link: https://www.econbiz.de/10005034989
The general question of how environmental dynamics affect the behavioral interaction in an evolutionary economy is considered. To this end, a basic model of a dynamic multi-sector economy is developed where the evolution of investment strategies depends on the diversity of investment strategies,...
Persistent link: https://www.econbiz.de/10005616819