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We present a new evolutionary political economy approach to the study of long-run dynamics of socio-economic evolution and change based on a co-evolutionary model of differential citizen contributions to competing ‘utopias' – market, statism, and environmentalism. We model the transition to...
Persistent link: https://www.econbiz.de/10013010246
A new economic model for analysis of scholarly publishing — journal publishing in particular — is proposed that draws on club theory. The standard approach builds on market failure in the private production (by research scholars) of a public good (new scholarly knowledge). In that model...
Persistent link: https://www.econbiz.de/10012994716
This chapter argues that innovation is evolving because the economy is evolving – specifically that as the economy transitions from a substrate of industrial to digital technologies, then the institutions of innovation become increasingly decentralized. A key feature of this evolutionary...
Persistent link: https://www.econbiz.de/10013289014
Recommended readings (Machine generated): Alan Kirman (1993), 'Ants, Rationality, and Recruitment', Quarterly Journal of Economics, 108 (1), February, 137-56 -- Sherwin Rosen (1981), 'The Economics of Superstars', American Economic Review, 71 (5), December, 845-58 -- Israel M. Kirzner (1997),...
Persistent link: https://www.econbiz.de/10012419864
This paper examines how national innovation policies strategically interact to form emergent de facto global innovation policies from the perspective of seven distinct economic models. We consider the case for a global coordinating institute – a World Innovation Organization – to address the...
Persistent link: https://www.econbiz.de/10014130912