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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
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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