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Industrialization has long been seen as the answer to underdevelopment and poverty. First this led countries to follow protectionist import substitution policies but as these failed developing countries have opened up to trade and FDI and tried to follow strategies of export driven...
Persistent link: https://www.econbiz.de/10010273444
Innovation is the major driver of economic growth and development. To analyze innovation processes the restriction of a … framework suited to the analysis of innovation towards the industrial sphere of an economy is not sufficient because of the … important co-evolutionary dimensions of innovation. Instead, a comprehensive economic theoretical approach is needed which …
Persistent link: https://www.econbiz.de/10003877639
introduction of novelties in their various and multifaceted forms. By its very nature, innovation and, in particular, technological … innovation is the most exponent and most visible form of novelty. However, Neo-Schumpeterian Economics should be concerned with …
Persistent link: https://www.econbiz.de/10012716558
of socio-technical systems of production and innovation. Finally, it provides a perspective of generality and scope, an … concepts in the context of the functioning of socio-technical systems of production and innovation. Then as a closure raises …) and the complex systems evolutionary economics (EE) to address issues related to innovation processes, technological …
Persistent link: https://www.econbiz.de/10009322648
arguable made the transition to an entrepreneurial economy in which innovation, creativity and high value added in early stage … the opening up of large, populous developing countries such as India, China, and Brazil. Our model predictions are very …
Persistent link: https://www.econbiz.de/10008630006
that influence innovation by firms and their subsequent growth. Using a dataset from a survey of nearly 4,000 firms in 24 … transition countries, we find evidence of the importance of a minimum of rivalry in both innovation and growth: the presence of … market power in product markets are utilised to undertake innovation …
Persistent link: https://www.econbiz.de/10014072168
Innovation is the major driver of economic growth and development. To analyze innovation processes the restriction of a … framework suited to the analysis of innovation towards the industrial sphere of an economy is not sufficient because of the … important co-evolutionary dimensions of innovation. Instead, a comprehensive economic theoretical approach is needed which …
Persistent link: https://www.econbiz.de/10005041932
This paper examines the importance of competition in innovation and the growth of firms. We make use of the large … that influence innovation by firms and their subsequent growth, thereby alleviating problems due to non-random clustering … of innovation opportunities in mature market economies. We find evidence that monopolies innovate less and have weaker …
Persistent link: https://www.econbiz.de/10005458882
that influence innovation by firms and their subsequent growth. Using a dataset from a survey of nearly 4,000 firms in 24 … transition countries, we find evidence of the importance of a minimum of rivalry in both innovation and growth: the presence of … market power in product markets are utilised to undertake innovation. …
Persistent link: https://www.econbiz.de/10005652631
arguable made the transition to an entrepreneurial economy in which innovation, creativity and high value added in early stage … the opening up of large, populous developing countries such as India, China, and Brazil. Our model predictions are very …
Persistent link: https://www.econbiz.de/10010712075