Download or read book A Systemic Approach to Continuous Change in the Innovation Economy written by Jon-Arild Johannessen and published by Routledge. This book was released on 2022-04-19 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unpredictable and unforeseen, or black swan, events are occurring increasingly often, one such recent example is the coronavirus crisis of 2020. The Fourth Industrial Revolution, with its growing use of artificial intelligence, intelligent robots, intelligent informats and intelligent algorithms, may help us to confront these incidents but only if we can avoid the sector optimization logic of some forms of economic thinking. This book offers a multi-faceted presentation of the application of systemic thinking in non-standard situations, especially those created by the fourth industrial revolution. It develops models and mini theories to promote systemic thinking at a time when cascades of innovations are entering the economy, while at the same time black swan events are occurring and disrupting social systems. It takes a critical look at how organizations and social systems have chosen to organize themselves to develop systems that prioritize high performance, by focusing on cost-cutting and maximizing profits, instead of on preparedness elasticity and resource slack. The consequences of this kind of organizational streamlining becomes evident only when the ‘black swans’ loom. The author discusses how individuals and society can develop the resilience needed to deal with these incidents. He asserts that there are three central social mechanisms that can help us understand how social systems work and how they are interconnected: time-lag, threshold value, and feedback. These three concepts can help us to understand how changes occur in non-linear systems; for instance, how small changes at the micro level can lead to large changes at the macro level. This book will be of interest to researchers, academics and students in the fields of economics, finance, business and industry.

Download or read book Innovation Strategies for a Global Economy written by Fred Gault and published by IDRC. This book was released on 2010 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an agenda for future work on activities to improve understanding of innovation strategies in the medium and short term.

Download or read book Innovation and Technology written by Nikos Vernardakis and published by Routledge. This book was released on 2016-01-22 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation has revolutionized the world economy, yet it remains often misunderstood. This textbook seeks to elucidate the nature and impact of innovation for both undergraduate and graduate students. Innovation and Technology examines the impact of innovation on both economic theory and the real world. It addresses the topic at the level of policy and also drills down to provide analysis of firms. This book moves beyond the plethora of specialized studies on the subject and formulates a unified and comprehensive approach, encompassing the topic’s huge breadth and scope. Issues such as innovation, knowledge, incentives, information and regulation are featured. Designed for MBA, Economics and Business students, this textbook will be useful to those interested in innovation, entrepreneurship and the economics of technology.

Download or read book Economic Approaches to Innovation written by Steve Dowrick and published by Edward Elgar Publishing. This book was released on 1995 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic modelling of innovation demands a great deal from economists since it requires them to analyse the new and unknown. This volume brings together contributions from a distinguished group of scholars who review a wide range of different theoretical and empirical economic approaches to this important topic. Beginning with a survey of recent economic analysis on the role of innovation in driving growth, this volume features papers on the mainstream approaches to the welfare economics of innovation, the pitfalls and delays involved in bringing major inventions to market and the public subsidy of research. Later chapters examine pricing strategies for new products, models of productivity growth, knowledge spillovers across national boundaries and the effect of innovation on income distribution. While recognising the many non-economic factors needed to explain innovation, Economic Approaches to Innovation demonstrates that economic analysis has much to offer in its modelling of key concepts such as uncertainty, private information, incentives and public goods.

Download or read book Entrepreneurship and Innovation written by Bruce A. McDaniel and published by M.E. Sharpe. This book was released on 2002 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a groundbreaking economic analysis of entrepreneurship and the development process for innovation. The author strives to distinguish the role of the capitalist from that of an entrepreneur, and to show how the actions of the entrepreneur impact new employment, economic growth, and advancements in the overall standard of living. The book provides in-depth discussion of several critical concepts: the economic development of a product; Schumpeter's temporary monopoly control; the economic bounds of product and process innovations; and changing production functions. It also develops and integrates an analysis of how innovation-induced modifications in either products or processes affect both short-run and long-run average costs in production. As a special feature, each chapter includes an interview with a successful entrepreneur, and suggested readings are also provided.

Download or read book Innovation Economics written by Robert D. Atkinson and published by Yale University Press. This book was released on 2012-09-04 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important book delivers a critical wake-up call: a fierce global race for innovation advantage is under way, and while other nations are making support for technology and innovation a central tenet of their economic strategies and policies, America lacks a robust innovation policy. What does this portend? Robert Atkinson and Stephen Ezell, widely respected economic thinkers, report on profound new forces that are shaping the global economy—forces that favor nations with innovation-based economies and innovation policies. Unless the United States enacts public policies to reflect this reality, Americans face the relatively lower standards of living associated with a noncompetitive national economy.The authors explore how a weak innovation economy not only contributed to the Great Recession but is delaying America's recovery from it and how innovation in the United States compares with that in other developed and developing nations. Atkinson and Ezell then lay out a detailed, pragmatic road map for America to regain its global innovation advantage by 2020, as well as maximize the global supply of innovation and promote sustainable globalization.

Download or read book Strategic Management in the Innovation Economy written by Thomas H. Davenport and published by John Wiley & Sons. This book was released on 2007-06-27 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovative ruptures of traditional boundaries in value chains are requiring companies to rethink how they go to market, what they need to own, what they need to retain and innovate as core competencies, and how they innovatively deal with suppliers and customers. The key message of the book is that the new knowledge-networked innovation economy requires a totally different strategic management mindset, approach and toolbox, and its major value-added is a new strategic management approach and toolbox for the innovation economy - a poised strategy approach. Designed for both managers and advanced business students, the book provides a unique combination of new management theory, selected managerial articles by prominent scholars such as Clayton Christensen, Henry Chesbrough, Sumantra Ghoshal, Quinn Mills, and Peter Senge, and a wide array of real-world case examples including GE, Shell, IBM, HP, BRL Hardy, P&G, Southwest Airlines and McGraw-Hill, within the dynamics of industries such as airlines, energy, telecommunications, wine & beverages, and computing. The authors illustrate powerful new strategic innovation concepts and tools, such as poised strategy for managing multiple business models, poised strategy scorecards (moving beyond the well-known balanced scorecard), the wheel of business model reinvention, and organizational rejuvenation methods. The book includes the concepts of: Poised Strategic Management, Organizational Rejuvenation, Business Models as Platform for Strategy, Poised Scorecards, Identifying Sources of Innovation in Business Ecosystems.

Download or read book Technological Change and Economic Performance written by Albert N. Link and published by Routledge. This book was released on 2003-02-20 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: This useful new book reviews the literature on technology and economic growth covering historical and theoretical developments such as: *new models for measuring productivity*sources of technical knowledge and technological spillovers*stock market reactions to investment in technologySuch a comprehensive survey is likely to be welcomed by students

Download or read book The Role of Innovation and Entrepreneurship in Economic Growth written by Michael J Andrews and published by University of Chicago Press. This book was released on 2022-03-17 with total page 633 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Innovation and entrepreneurship are ubiquitous today, both as fields of study and as starting points for conversations among experts in government and economic development. But while these areas on continue to attract public and private investments, many measurements of their resulting economic growth-including productivity growth and business dynamism-have remained modest. Why this difference? Because not all business sectors are the same, and the transformative gains of some industries have been offset by stagnation or contraction in others. Accordingly, a nuanced understanding of the economy requires a nuanced understanding of where innovation and entrepreneurship occur and where they matter. Answering these questions allows for strategic public investment and the infrastructure for economic growth.The Role of Innovation and Entrepreneurship in Economic Growth, the latest entry in the NBER conference series, seeks to codify these answers. The editors leverage industry studies to identify specific examples of productivity improvements enabled by innovation and entrepreneurship, including those from new production technologies, increased competition, new organizational forms, and other means. Taken together, the volume illuminates whether the contribution of innovation and entrepreneurship to economic growth is likely to be concentrated, be it selected sectors or more broadly"--

Download or read book The Economics and Econometrics of Innovation written by David Encaoua and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 603 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the past few decades, the interest of economists in the sources of long-term economic growth has led an increasing number of them to focus on the role of innovation in creating that growth. Although some researchers have always been interested in this topic, the groundbreaking work of Solow (1957), Nelson (1959) and Arrow (1962) made many other economists recognize the central role played by innovation in almost all spheres of economic activity. The Economics and Econometrics of Innovation presents a valuable overview of the work of the world's most renowned experts in the field of innovation and technical change. It collects 22 outstanding contributions that reflect the results of the vast, worldwide research efforts and remind us of the importance of economic incentives in shaping and directing innovative activities. The volume presents an edited selection of papers that were first presented at the 10th International ADRES conference. One particular goal of this book is to bring out the complementary nature of the various approaches to innovation, and to facilitate in-depth dialogues both between microeconomists and macroeconomists, and between theoreticians and econometricians. General topics that are considered range from the economy-wide effects of innovation on growth and employment to the variation of individual firm innovative performance; from the analysis of networks and standardization to the role of intellectual property rights and the assessment of knowledge spillovers. Besides the wealth of information presented in the chapters, readers of this volume will also appreciate the value of examining a single question from different angles and by using different methods.

Download or read book Quantitative Methods for Place Based Innovation Policy written by Roberta Capello and published by Edward Elgar Publishing. This book was released on 2020-07-31 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Place-based innovation policy design requires an in-depth understanding of territories and their complexity. Traditional statistics, with a lack of publicly available data at the disaggregated (sub-sectoral and regional) level, often do not provide adequate information. Therefore, new methods and approaches are required so that scientists and experts that can inform decision-makers and stakeholders in choosing priorities and directions for their innovation strategies. The book replies to such a need by offering advanced mapping methodologies for innovation policies with a special focus on approaches that take into account place-based policies.

Download or read book Productivity Innovation and Knowledge in Services written by J. Gadrey and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by some of the most distinguished authors in the field, this book elucidates the critical and complex relationships between services, production and innovation. The authors discuss the limitations of current theories to explain service productivity and innovation, and call for a conceptual re-working of the ways in which these are measured. They also highlight the important role of knowledge in the production system and in doing so make an important contribution to a key debate which has emerged in the social sciences in recent years.

Download or read book Innovation Economics Engineering and Management Handbook 1 written by Dimitri Uzunidis and published by John Wiley & Sons. This book was released on 2021-06-08 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation, in economic activity, in managerial concepts and in engineering design, results from creative activities, entrepreneurial strategies and the business climate. Innovation leads to technological, organizational and commercial changes, due to the relationships between enterprises, public institutions and civil society organizations. These innovation networks create new knowledge and contribute to the dissemination of new socio-economic and technological models, through new production and marketing methods. Innovation Economics, Engineering and Management Handbook 1 is the first of the two volumes that comprise this book. The main objectives across both volumes are to study the innovation processes in todays information and knowledge society; to analyze how links between research and business have intensified; and to discuss the methods by which innovation emerges and is managed by firms, not only from a local perspective but also a global one. The studies presented in these two volumes contribute toward an understanding of the systemic nature of innovations and enable reflection on their potential applications, in order to think about the meaning of growth and prosperity.

Download or read book Entrepreneurship and Innovation An Economic Approach written by Bruce A. McDaniel and published by Routledge. This book was released on 2014-12-18 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a groundbreaking economic analysis of entrepreneurship and the development process for innovation. The author strives to distinguish the role of the capitalist from that of an entrepreneur, and to show how the actions of the entrepreneur impact new employment, economic growth, and advancements in the overall standard of living. The book provides in-depth discussion of several critical concepts: the economic development of a product; Schumpeter's "temporary monopoly control;" the economic bounds of product and process innovations; and changing production functions. It also develops and integrates an analysis of how innovation-induced modifications in either products or processes affect both short-run and long-run average costs in production. As a special feature, each chapter includes an interview with a successful entrepreneur. Suggested readings are also provided.

Download or read book Innovation Policy in a Knowledge Based Economy written by Patrick Llerena and published by Springer Science & Business Media. This book was released on 2005-05-20 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main underlining conviction, throughout the book, is the importance of dynamical and systemic approaches to innovation policies. The first part of the book provides the theoretical background for the subsequent more empirical contributions. In the second part, a series of three papers analyse each the development or diffusion of a specific technology developed in the frame of a procurement policy. They explain the success of mission-oriented policies (the development of digital switching systems in the telecom sector, the development of high-speed trains in Germany and the diffusion of military technologies). The three papers contained in the third part explore the impact of incentive tools (R&D tax credits, R&D cooperative agreements and university-industry relations) on the innovation potentialities of firms and of economic systems (regions). The chapters in the last part of the book are all based around the question of how is it possible to design an innovation policy, applicable throughout Europe, bearing in mind the diversity of innovation behaviours and strategies.

Download or read book Innovation by demand written by Andrew McMeekin and published by Manchester University Press. This book was released on 2013-07-19 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This electronic version has been made available under a Creative Commons (BY-NC-ND) open access license. The structure and regulation of consumption and demand has recently become of great interest to sociologists and economists alike, and at the same time there is growing interest in trying to understand the patterns and drivers of technological innovation. This book brings together a range of sociologists and economists to study the role of demand and consumption in the innovative process. The book starts with a broad conceptual overview of ways that the sociological and economics literatures address issues of innovation, demand and consumption. It goes on to offer different approaches to the economics of demand and innovation through an evolutionary framework, before reviewing how consumption fits into evolutionary models of economic development. Food consumption is then looked at as an example of innovation by demand, including an examination of the dynamic nature of socially-constituted consumption routines. The book includes a number of illuminating case studies, including an analysis of how black Americans use consumption to express collective identity, and a number of demand–innovation relationships within matrices or chains of producers and users or other actors, including service industries such as security, and the environmental performance of companies. The involvement of consumers in innovation is looked at, including an analysis of how consumer needs may be incorporated in the design of high-tech products. The final chapter argues for the need to build an economic sociology of demand that goes from micro-individual through to macro-structural features.

Download or read book An Economic Analysis of Innovation written by Markus Balzat and published by Edward Elgar Publishing. This book was released on 2006 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic analysis of innovation is important because economic growth in highly industrialized countries and international competitiveness are driven by innovations and technological change. At the same time, marked nation-specific features exist in the structure of innovative activities and in innovative success. For the study of these national characteristics, the concept of national innovation systems constitutes a powerful and widely applied inter-disciplinary framework in modern innovation theory. This book illuminates this concept from different perspectives. Starting from fundamental conceptual and theoretical issues, it describes and discusses the main development lines of the approach of national innovation systems, and goes on to illustrate an empirical application of this branch of research, offering a new alternative for the quantitative comparative study of national innovation systems.This book will be of great interest to economists, scholars and policymakers dealing with innovation, technology, research and development, national innovation systems and international competitiveness.