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forthcoming Manual, The Foundations of Complex Evolving Economies. Part One: Innovation, Organization and Industrial Dynamics … returns. As summarized in this essays Part One of the Manual addresses in the foregoing perspective, (i) Innovation and … reader is warned against multiple risks of ''normalization'' by which 'evolution' is reduced to sheer 'innovation', and the …
Persistent link: https://www.econbiz.de/10013402021
This paper seeks to address shortcomings in the growth literature – neoclassical growth theory and growth accounting. Specifically, the paper reformulates our understanding of the process of technical change, so that we view Hicks- and Harrod-neutral technical change as consistent, inseparable...
Persistent link: https://www.econbiz.de/10012983982
drive innovation. -- Entrepreneurship ; Development; Stages of Growth ; Globalization ; Innovation ; Index ; Knowledge …
Persistent link: https://www.econbiz.de/10003824122
different innovation outcomes, using a firm-level dataset collected in the Pearl River Delta (PRD) in China. It also … innovation sales and to create new knowledge qualified for patenting. In addition to own R&D activities, they rely on sourcing … knowledge from different sets of sources to support them to carry out the last three types of innovation outcomes. -- Innovation …
Persistent link: https://www.econbiz.de/10003929480
-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …
Persistent link: https://www.econbiz.de/10009007836
formation in terms of the types of strategy, organization, and finance that innovation requires, and emphasizes the …
Persistent link: https://www.econbiz.de/10009011705
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
This paper bridges two approaches to assess national innovation performance based on European Innovation Scoreboard … is on analysing the innovation performance of the Baltic States – small countries with similar post-socialist path … dependence. Our aim is to explore what factors have been most influential in developing the different levels of innovation …
Persistent link: https://www.econbiz.de/10013135253