Behavioural Economics’ milestones, Endowment Effect and Loss Aversion, have been recognized as ‘well documented,’ ‘robust,’ and ‘important’ even by the critics. But well documented, robust, and important what? Are these stylized facts, theoretical constructs, or psychological...

Overview I: Edo Period -- Case 1: Konoike Zen'emon: Successive Innovations on the Nationwide Market -- Case 2: Takatoshi Mitsui: New Business Opportunities and the Retail Revolution -- Case 3: Genzaemon Nakai: Regional Merchant Thriving on the National Stage -- Discussion Point 1: Early Modern...

The relationship between breakthrough and incremental innovation remains one of the more important issues in innovation theory and in national innovation policy. Using a comparative historical approach, in this paper, we analyze the rise and fall of Germany as a science and innovation leader of...

In the course of the first 45 years of India’s post Independence development, the focus of scientific activity was changed: from that of a science of raw material extraction, oblivious of any industrial imperative, to a science of material production, aimed at inducing technological awareness...

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Innovation in the services sector has not received much attention in Malaysia though, as the dominant sector, its potential role in the innovation-driven economy as envisioned by the New Economic Model is immense. This paper draws from data sourced from a national-level innovation survey of...

The availabilities of debt for Chinese firms have been increased since 2008 due to the expansionary monetary policies. These policies triggered concerns over the impact of debt financing on firms' technological innovation activities. Based on a sample of 225 listed computer and...