The purpose of this study is to answer the research question, "How do we conquer the growth limits of capitalism?" Based on existing studies on growth limits of capitalism by Marx and Schumpeter as well as the recent discussions of Drucker, Rifkin, and Piketty, the dynamic model of an open...

This study reviews Thomas Piketty’s Capital and Ideology and provides a detailed analysis to aid understanding of the book, combined with diverse scholars’ perspectives in the fields of economic history, political economics, and social sciences. This book is selected as my review target to...

We created conceptual models that people may use to analyze and forecast the dynamic effects of open innovation, which we applied to the smartphone sector using a model-based analysis approach. In addition, we built an open innovation simulation model for the smartphone sector. The dynamic model...

Currently, the world economy is approaching a near-zero growth rate. Governments should move from a market-failure-oriented to a system-failure-oriented approach to understanding this problem, and transform to an entrepreneurial state to motivate the Schumpeterian dynamics of open innovation. We...

Purpose: This research seeks to answer the basic question, "As a city evolves from an industrial city to a knowledge one, are its open innovation activities vitalized?" Design/methodology/approach: In this research, we compare the total number of patent applications, the number of joint...

We propose an international economic agenda to overcome the growth limits of capitalism that can be supported by the United Nations. Sustainable Environment based global goals should be added to sustainable economy. For this, we propose dynamic balance between three sub-economies such as open...