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Book Essays on Institutions and Innovation in Natural Resource Industries

Download or read book Essays on Institutions and Innovation in Natural Resource Industries written by Benjamin Travis Gilbert and published by . This book was released on 2011 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technological progress is associated with both excessive depletion and improved conservation of environmental resources. This dissertation explores the role of technological progress under different regulatory and producing institutions. The first chapter, "Firm Boundaries and Impure Public Goods'', establishes a relationship between property rights, firm structure, and productivity. I adapt the theory of the firm to show that reducing common-pool externalities can lead to mergers (distinct from permit consolidation among low cost firms) and greater human capital investments. These predictions are supported by data from the New England groundfish industry where some groups called "sectors'' were exempted from input controls and given a collective output quota. Sectors exhibited better managerial performance (i.e., higher productivity) relative to non-sector firms following the change, but the species composition of their harvest shifted considerably. The following two chapters investigate technology adoption and productivity in common-pool resource industries. The second chapter, "Technological Change and Managerial Ability : Evidence from a Malaysian Artisanal Fishery'', uses stochastic frontier analysis to compare the productivity of technology adopters in the gillnet fishery on the east coast of Peninsular Malaysia. Technologies include cell phones, GPS, sonar, and mechanical winches for hauling nets. Electronics adopters were more productive than non-adopters on average but difficult to distinguish from efficient non-adopters, while adopters of mechanical net haulers had low technical efficiency, low labor productivity and high labor use. Our results suggest capital investments in new technology may tie the least successful participants to the fishery despite most respondents' self-reported desire to exit. The dynamic implications of these findings are explored in the third chapter, "Exogenous Productivity Shocks and Capital Investment in Common-pool Resources''. We develop a compound Poisson process to model rapid adoption of technologies in common-pool industries. Technology shocks lower the equilibrium resource stock while causing capital buildup based on transitory quasi-rents. The steady state changes from a stable node to a shifting focus with boom and bust cycles, even if only technology is uncertain.

Book Learning and Innovation in Natural Resource Based Industries

Download or read book Learning and Innovation in Natural Resource Based Industries written by Allan Dahl Andersen and published by Taylor & Francis. This book was released on 2020-06-04 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops and articulates a new perspective on the relationship between natural resources and development by foregrounding issues of innovation, knowledge, and industrial dynamics. Despite growing academic attention to the relationship between economic development and natural resources in social sciences, the issue has received rather limited attention in the field of Innovation Studies. This is problematic given the centrality of innovation and technological change for growth and development. Against that background, this book makes three contributions. Firstly, it summarizes and synthesizes existing insights about learning and innovation in Natural Resource Based Industries. Secondly, it develops new insights based on original research work. Thirdly, it distils and explains the remaining research challenges in the field. Containing important insights for researchers, businesses, and policymakers, this book will be useful to all those with an interest in navigating a natural resource based development pathway. This book was originally published as a special issue of Innovation and Development.

Book Innovation in natural resource management

Download or read book Innovation in natural resource management written by Meinzen-Dick, Ruth and published by Intl Food Policy Res Inst. This book was released on 2002-01-01 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: International agricultural research is expanding beyond the development of annual crop technologies for individual farms to the development of longer-tern natural resource management techniques for entire landscapes. But technologies of practices with a long lag time between investment and returns are unlikely to be adopted by farmers unless they have secure rights to the underlying resources (property rights). Similarly, technologies that span multiple farms are unlikely to be adopted unless neighbors and groups work together (collective action). But little is know about the way property rights and collective action in developing countries mediate the adoption of technologies by farmers and groups. To address this information gap, this volume brings together international experts in economics, sociology, and natural resource management to examine the links among property rights, collective action, and technological change for a variety of technologies across a rage of community contexts in the developing world.

Book Learning and Innovation in Natural Resource Based Industries

Download or read book Learning and Innovation in Natural Resource Based Industries written by Allan Dahl Andersen and published by Routledge. This book was released on 2020-06-04 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops and articulates a new perspective on the relationship between natural resources and development by foregrounding issues of innovation, knowledge, and industrial dynamics. Despite growing academic attention to the relationship between economic development and natural resources in social sciences, the issue has received rather limited attention in the field of Innovation Studies. This is problematic given the centrality of innovation and technological change for growth and development. Against that background, this book makes three contributions. Firstly, it summarizes and synthesizes existing insights about learning and innovation in Natural Resource Based Industries. Secondly, it develops new insights based on original research work. Thirdly, it distils and explains the remaining research challenges in the field. Containing important insights for researchers, businesses, and policymakers, this book will be useful to all those with an interest in navigating a natural resource based development pathway. This book was originally published as a special issue of Innovation and Development.

Book Productivity in Natural Resource Industries

Download or read book Productivity in Natural Resource Industries written by R. David Simpson and published by Routledge. This book was released on 2014-04-04 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Several senior natural resource analysts study the role played by innovation, particularly technological innovation, in the pursuit of heightened productivity. Increasing the output of a given input improves a firm‘s bottom line, makes it more competitive internationally, and reduces the potential for resource depletion and shortages. Thus, high productivity is a necessary ingredient of economic prosperity. This book illustrates the importance of technological innovation in achieving an acceptable level of output and efficiency. In this important new offering, a team of resource scholars describes and chronicles the development of recent innovations in selected natural resource industries. The authors also reveal the causes, sources, and net effect of such innovation on productivity. In all of these sectors productivity has increased considerably since the early 1980s, although the level of improvement varies across industries. To what degree did technological innovation contribute to that increase? Individual detailed case studies detail important innovations in America‘s coal, petroleum, copper, and forest industries. The primary focus is on extraction and production technologies, although the existence and importance of innovation in other areas such as management technique also enter the picture. For example, the combination of new technology with restructuring seems to have breathed new life into a floundering U.S. copper industry. The authors describe the origin and diffusion of important innovation, and the concluding chapter quantifies the net effect of such innovation on productivity.

Book Essays on the Natural Resource Curse

Download or read book Essays on the Natural Resource Curse written by Arsham Reisinezhad and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The thesis includes three essays in the content of the natural resource curse. The first essay revisits the Dutch disease hypothesis in terms of theory and empirical analysis. This shows that a resource boom appreciates the real exchange rate. That, in turn, decelerates the rate of growth in both sectors such that the shrinkage is larger in the traded than non-traded sector and so economic growth becomes slower. These effects are stronger in resource-rich than resource-poor countries. The second essay clarifies how income inequality-growth nexus modifies the Dutch disease hypothesis. A two-sector growth model including two groups of workers with different consumption baskets demonstrates that a natural resource boom conditionally reduces income inequality which, in turn, exacerbates the intensity of the Dutch disease. The theory's predictions are supported empirically using a panel data approach. The third essay investigates the impact of the absorption capacity on the intensity of the natural resource curse. Using two constructed indexes to proxy the absorption capacity, the empirical findings show that the natural resource curse is more intensive in countries with more absorption capacity constraints. The empirical finding is also analyzed through a simple two-sector framework.

Book Knowledge Based Growth in Natural Resource Intensive Economies

Download or read book Knowledge Based Growth in Natural Resource Intensive Economies written by Kristin Ranestad and published by Palgrave Macmillan. This book was released on 2019-11-30 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book rejects the idea that natural resource industries are doomed to slow growth. Rather, it examines the case of Norway to demonstrate that such industries can prove highly innovative and dynamic. Here, the case is compellingly made that a key empirical problem with the popular ‘resource curse’ argument is that some of the richest countries in the world – namely Norway, Sweden, Canada and Australia – have all developed fast-growing economies based on natural resources. Analysis of innovation and knowledge development in natural resource industries reveal important new insights about the role of learning and innovation. These insights are key to understanding variances in growth levels between natural resource-based economies. Ranestad illustrates how Norway’s high economic performance is built on knowledge-based natural resource industries. While Norwegian industries may have originated because of foreign technology and expertise, they thrived due to further developments carried out by organisations within Norway. Ranestad looks at how these developments were possible due to the country’s high level of human capital, capacity for knowledge absorption and ability to adapt to new global technological and economic circumstances.

Book Natural Resources and International Development

Download or read book Natural Resources and International Development written by Marion Clawson and published by . This book was released on 1964 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The New Natural Resource

Download or read book The New Natural Resource written by Professor Hans Christian Garmann Johnsen and published by Ashgate Publishing, Ltd.. This book was released on 2014-06-28 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: The New Natural Resource is a book about the role of knowledge in social and economic development. There is a need to address the process of developing knowledge as a social process and The New Natural Resource starts with the argument that knowledge is inherently a social phenomenon. This allows us to discuss the relation between individual opinions and what is regarded as knowledge. It also allows us to see how economic and political and democratic processes are interrelated. Acknowledging that we are more dependent on contesting processes of knowledge development in society implies that we should address how society as a whole is able to legitimize what it regards as the right kind of knowledge.

Book Governing Extractive Industries

Download or read book Governing Extractive Industries written by Anthony Bebbington and published by Oxford University Press. This book was released on 2018-06-11 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Proposals for more effective natural resource governance emphasize the importance of institutions and governance, but say less about the political conditions under which institutional change occurs. Governing Extractive Industries synthesizes findings regarding the political drivers of institutional change in extractive industry governance. It analyses resource governance from the late nineteenth century to the present in Bolivia, Ghana, Peru, and Zambia, focusing on the ways in which resource governance and national political settlements interact. The authors focus on the ways in which resource governance and national political settlements interact, exploring the nature of elite politics, the emergence of new political actors, forms of political contention, changing ideas regarding natural resources and development, the geography of natural resource deposits, and the influence of the transnational political economy of global commodity production.

Book Innovation  Resources and Economic Growth

Download or read book Innovation Resources and Economic Growth written by Alberto Quadrio Curzio and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: The analysis of the interactions between natural resource scarcity, technological innovation and the dynamics of eco- nomic systems has a long-standing tradition in economics. During the 1980s and the early 1990s, a new phase of these interactions initiated under the effects of technological revolution and the problem of the environment. The general concept behind this book is that the issue of natural resou- cesand the environment in relation to economic growth can- not be addressed without due consideration for the effects of technological innovation on thedynamics of economic sy- stems. Technological innovation alone, however, is not a sufficient condition for the sustainability of economic growth. Policies may have a role in solving the internatio- nal distribution problems generated by the non-converging development path of developed and developing countries. In particular, the new international order shaped by the events of the 1980s, made it possible for world management to ad- dress the problems of poverty and the environment.

Book On Institutions  Economic Growth and the Environment

Download or read book On Institutions Economic Growth and the Environment written by Susanna Lundström and published by . This book was released on 2003 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Natural Resources and Economic Growth

Download or read book Natural Resources and Economic Growth written by Marc Badia-Miró and published by Routledge. This book was released on 2015-05-22 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: The relationship between natural capital and economic growth is an open debate in the field of economic development. Is an abundance of natural resources a blessing or a curse for economic performance? The field of Economic History offers an excellent vantage to explore the relevance of institutions, technical progress and supply-demand drivers. Natural Resources and Economic Growth contains theoretical and empirical articles by leading scholars who have studied this subject in different historical periods from the 19th century to the present day and in different parts of the world. Part I presents the theoretical issues and discusses the meaning of the "curse" and the relevance of the historical perspective. Part II captures the diversity of experiences, presenting thirteen independent case studies based on historical results from North and South America, Africa, Asia, Oceania and Europe. This book emphasizes that an abundance of natural resources is not a fixed situation. It is a process that reacts to changes in the structure of commodity prices and factor endowments, and progress requires capital, labour, technical change and appropriate institutional arrangements. This abundance is not a given, but is part of the evolution of the economic system. History shows that institutional quality is the key factor to deal with abundant natural resources and, especially, with the rents derived from their use and exploitation. This wide ranging volume will be of great relevance to all those with an interest in economic history, development, economic growth, natural resources, world history and institutional economics.

Book The New Natural Resource

Download or read book The New Natural Resource written by Professor Hans Christian Garmann Johnsen and published by Gower Publishing, Ltd.. This book was released on 2014-06-28 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increasingly in the public discourse there are references to the knowledge economy, knowledge society, knowledge workers and knowledge organisations. The argument is that knowledge is becoming the main economic resource, replacing the natural resources that drove the industrial revolution. The new knowledge economy is driven by knowledge development, innovation and highly skilled employees. Increasing investment in higher education and in universities is in line with this strategy and understanding. In an earlier book, Creating Collaborative Advantage edited with Richard Ennals, Professor Hans Christian Garmann Johnsen argued that it is knowledge that links social and economic processes. He believes that what is missing in the current discussion on innovation is a conceptualisation of exactly what knowledge is. In The New Natural Resource, he digs deeper into what it is and how it develops and subsequently leads to widespread change. The author argues that knowledge is inherently a social phenomenon. That is why social processes are closely linked to economic development, and why this relationship becomes even more apparent in the new knowledge economy. Knowledge is not an objective entity, established once and for all. Knowledge development is interrelated with values, norms, perceptions and interpretations. We need to know what the mechanisms are by which knowledge becomes legitimate, true and relevant.