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competitiveness, industrial development, innovation and growth. But, although cluster policies have a potential for generating …Nowadays, policy makers in charge of designing innovation policies, especially at the regional level, are more and more … innovation but also owing to a lot of other reasons, clusters are usually considered as key instruments for promoting …
Persistent link: https://www.econbiz.de/10011518024
Evolutionary and environmental economics have a potentially close relationship. This paper reviews past and identifies potential applications of evolutionary concepts and methods to environmental economics. This covers a number of themes: resource use and ecosystem management; growth and...
Persistent link: https://www.econbiz.de/10011350354
, which will be analyzed in another paper, intend to explain technological trajectories, absorptive capacity and learning … processes. These concepts are essential to understand the innovation in the economy and in the neo-schumpeterian thinking. …
Persistent link: https://www.econbiz.de/10011373188
This paper discusses the role that finance plays in promoting the capital development of the economy, with particular emphasis on the current situation of the United States and the United Kingdom. We define both "finance" and "capital development" very broadly. We begin with the observation that...
Persistent link: https://www.econbiz.de/10010517057
greatest explosion of financial innovation the world had ever seen. Financial fragility grew until the economy collapsed into … the global financial crisis. At the same time, we saw that much (or even most) of the financial innovation was directed … attention to increasing funding of the innovation process. For that reason, we will look not only to Minsky’s ideas on the …
Persistent link: https://www.econbiz.de/10010530034
the more institutionalized finance allocation in credit-based systems would give them an advantage in cumulative learning … de-linked the performance of firms on the financial markets from the determinants of firm-level growth and innovation …, financialization has contributed to compress and somewhat degrade the specific properties of the finance-innovation nexus of both …
Persistent link: https://www.econbiz.de/10011489995
Technological changes are understood as part of a learning process. Even if a share of knowledge is built outside … technological trajectories, absorptive capacity and learning process. After reading both parts (1 and 2), it is clear the importance …
Persistent link: https://www.econbiz.de/10011386573
to provide theoretical and empirical perspectives on innovation which give a greater role to the demand-side aspect of … innovation. The main question is how can policy make enterprises more willing to innovate? This task is fulfilled by identifying … what we consider the central or most salient aspect of a demand-side innovation- driven economy, which is the small and …
Persistent link: https://www.econbiz.de/10010239908
The innovation systems (IS) approach — developed by Richard Nelson, Christopher Freeman and Bengt-Ake Lundvall, amongst … others — has become perhaps the dominant approach in the academic literature for the study of innovation. It has also exerted …
Persistent link: https://www.econbiz.de/10012838056
Early stage innovation can benefit from cooperative pooling of distributed information and other innovation resources … in order to discover entrepreneurial opportunities (what Allen and Potts (2016) call the ‘innovation commons'). The … innovation commons is a private ordering, but social welfare losses arise when innovation commons fail to form, or are small and …
Persistent link: https://www.econbiz.de/10012960863