-Schumpeterian economics, namely, innovation and uncertainty. The authors demonstrate how neo-Schumpeterian economics is developing into a …pt. I. Industry and innovation -- pt. II. Finance in modern economics -- pt. III. The public sector and the future of …

innovation as the first commercial application and diffusion as the spreading out of the new technologies. This means that in the … transformation of industries observed in reality. This also means that innovation will play a crucial role in such an analysis in a … twofold way: Innovation is considered as the decisive cause and the most visible consequence of economic development. The …

In this paper we explore how innovation and structural change affected economic development in the long run, by which … consumers could purchase the new, higher quality, non necessities, goods and services generated by innovation. In the paper we …