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| Author | : Werner Smolny |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 283 |
| Release | : 2012-12-06 |
| Genre | : Business & Economics |
| ISBN | : 3642576966 |
Download Endogenous Innovations and Knowledge Spillovers Book in PDF, ePub and Kindle
The recent development of endogenous growth theories has renewed the in terest into the sources of productivity growth of the advanced industrialized economies. The basic advance of these models is that the evolution of tech nological progress is explained endogeneously within the economic model. The most important concept is the idea of endogenous, market-driven inno vations which are seen as the basic source of technological advances. Firms develop sophisticated production techniques and new products in order to reduce costs or to stimulate demand. Equally important is the concept of knowledge spillovers from innovation activities and scale economies associ ated with them. External effects drive a wedge between private and social re turns of innovation activities, and scale economies affect the market structure. In addition, each year's productivity increases exhibit an enormous social value. Therefore, the analysis of endogenous innovations, scale economies, and knowledge spillovers has important implications for economic policy which enhances the interest into empirical investigations of these issues. This book is a collection of theoretical and empirical work on this subject. It combines micro economic and macroeconomic issues; a special emphasis is placed on empirical applications. Much work has been devoted to the search and the preparation of appropriate data, and all models are estimated with panel data. The first two chapters take an aggregate view at the growth process.
| Author | : Cristiano Antonelli |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 304 |
| Release | : |
| Genre | : Business & Economics |
| ISBN | : 178254514X |
Download Endogenous Innovation Book in PDF, ePub and Kindle
This ground-breaking new book builds upon the Schumpeterian creative response. The author shows that firms, in out-of-equilibrium conditions, try and react by means of introducing innovations. The success of their reaction is contingent upon their access conditions to knowledge, which are shaped by the system in which they operate. The emergence of new innovations can, in turn, knock firms further out-of-equilibrium and cause changes in the system properties that govern their access to external knowledge. This path dependent loop of interactions between the system properties and the individual actions of firms, accounts for endogenous innovation and the dynamics of the system.
| Author | : Zoltán J. Ács |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 262 |
| Release | : 2003-01-01 |
| Genre | : Political Science |
| ISBN | : 1843766930 |
Download Innovation and the Growth of Cities Book in PDF, ePub and Kindle
Zoltan Acs explores the relationship between industrial innovation and economic growth at regional level and reaches conclusions as to why some regions grow and others decline. The book focuses on innovation and the growth of cities by the use of endogenous growth theory.
| Author | : Zoltán J. Ács |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 0 |
| Release | : 2010 |
| Genre | : Entrepreneurship |
| ISBN | : 9781848442351 |
Download The Knowledge Spillover Theory of Entrepreneurship Book in PDF, ePub and Kindle
With this selection of previously published articles, Professor Acs provides a guided tour to the leading ideas in knowledge spillover theory.
| Author | : Jati Sengupta |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 161 |
| Release | : 2013-10-04 |
| Genre | : Business & Economics |
| ISBN | : 3319021834 |
Download Theory of Innovation Book in PDF, ePub and Kindle
The current economic theory of innovation mainly analyses the technology factor and its impact on economic growth. In today's world, growth in information technology and knowledge of new ideas has altered the business paradigm dramatically. Modern economies have undergone a dynamic shift from material manufacturing to a new information technology model with research and development (R&D) and human capital. Through information and communications technology efficient information usage has achieved substantial productivity gains through learning by doing and incremental innovations. The present volume discusses this new paradigm in terms of both theory and industry applications, including Schumpeter in his innovation model and the emphasis on new innovations replacing the old. Growth of business networking and R&D consortium have dramatically helped the modern business to reduce their unit costs and improve efficiency. This volume presents some new models emphasizing knowledge sharing and R&D cooperation. Rapid growth in recent times in some south Asian countries have been cited as growth miracles are largely caused by knowledge spillover and learning by doing, and this volume also investigates the role of incremental innovations. With a strong focus and extension of the current theory of innovation and industry growth experiences of both the US and Asian countries, this book will be of interest to MBA and graduate students in economics, innovation management, and applied industrial economics.
| Author | : World Intellectual Property Organization |
| Publisher | : WIPO |
| Total Pages | : 31 |
| Release | : 2016 |
| Genre | : Law |
| ISBN | : |
Download R&D, Scale Effects and Spillovers: New Insights from Emerging Countries Book in PDF, ePub and Kindle
There has been a concomitant rise in R&D and the rate of economic growth in emerging countries. Analyzing a panel of 31 emerging countries, we find convincing evidence of scale effects which make government policies potent for long-run growth. This contrasts sharply with the well-known findings of Jones (1995a). Innovations show increasing returns to knowledge stock, implying that the diminishing returns assumed by some semi-endogenous growth models might not be generalized. International R&D spillovers raise the innovation bar. The observed growth rates of emerging economies appear in transition therefore their growth rates may recede with the passage of time.
| Author | : Ufuk Akcigit |
| Publisher | : Palgrave Macmillan |
| Total Pages | : 211 |
| Release | : 2021-12-03 |
| Genre | : Business & Economics |
| ISBN | : 9783030714567 |
Download Macroeconomic Modelling of R&D and Innovation Policies Book in PDF, ePub and Kindle
This open access book encompasses a collection of in-depth analyses showcasing the challenges and ways forward for macroeconomic modelling of R&D and innovation policies. Based upon the proceedings of the EC-DG JRC-IEA workshop held in Brussels in 2017, it presents cutting-edge contributions from a number of leading economists in the field. It provides a comprehensive overview of the current academic and policy challenges surrounding R&D as well as of the state-of-the-art modelling techniques. The book brings to the forefront outstanding issues related to the assessment of the macroeconomic impact of R&D policies and its modelling. It speaks to the rising importance of R&D and innovation policy, and the proliferation of macroeconomic models featuring endogenous technological change. The contents of this book will be of interest to both academic and policy audiences working in the fields of R&D and innovation.
| Author | : Cristiano Antonelli |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 243 |
| Release | : |
| Genre | : Electronic books |
| ISBN | : 1788113799 |
Download The Evolutionary Complexity of Endogenous Innovation Book in PDF, ePub and Kindle
The notion of endogenous innovation as the outcome of the creative response of firms to out-of-equilibrium conditions is the cornerstone of the new evolutionary complexity. This book elaborates and applies the theoretical framework established in the author’s previous work Endogenous Innovation: The Economics of an Emergent System Property. This volume carefully explores the role of the reactivity of firms to out-of-equilibrium conditions. It also examines the quality of knowledge governance mechanisms in assessing the levels of externalities that define the likelihood of creative responses, as an alternative to adaptive responses.
| Author | : Peter Nijkamp |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 378 |
| Release | : 2010-12-01 |
| Genre | : Business & Economics |
| ISBN | : 3642149650 |
Download Innovation, Growth and Competitiveness Book in PDF, ePub and Kindle
This book investigates dynamic regions in the context of greater global interaction in a world economy increasingly driven by knowledge and innovation. It offers novel empirical evidence on the underlying factors of the growth performance of these spaces. In particular, the following questions are addressed: What role is there for research, education and innovation in the development strategies of the dynamic growth regions? What are the risks and consequences of dynamic growth on patterns of world growth and development, competitiveness, inequalities, and convergence? What development strategies should be promoted at national and international levels to promote a growing and more sustainable world economy? What are the implications of the emerging new competitors for Europe’s competitiveness? Using an innovative, integrated framework of analysis, the contributions in this book combine a wide array of complex theoretical and methodological approaches.
| Author | : Max C. Keilbach |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 197 |
| Release | : 2012-12-06 |
| Genre | : Business & Economics |
| ISBN | : 3642576982 |
Download Spatial Knowledge Spillovers and the Dynamics of Agglomeration and Regional Growth Book in PDF, ePub and Kindle
and Feldman, 1996 or Audretsch and Stephan, 1996) show that unformalized knowledge may playa major role in the innovation of new products. Now if unformalized knowledge is communicated personally, distance will be an important variable in this process, since the intensity of contacts between persons can be expected to be negatively correlated to the distance between them. In the discussion of section 3.3.1 (page 42) we saw that it was this aspect of localization that Marshall had in mind when he was alluding to "local trade secrets".4 Note that if this spatial dimension of communication between agents exists, it is possible to transfer it to regional aggregates of agents: the closer two regions, the more they will be able to profit from the respective pool of human capital (R&D-output etc.) of the other region. This argument gives a spatial 5 interpretation of the literature on endogenous growth. Now if these spillovers have a spatial dimension then it follows from the discussion in chapter 3 that they will be one driving force in the dynamics of agglomeration. With the model to be developed in this chapter I will investigate the hy pothesis that it is these forces of agglomeration (i.e. spatial spillovers of nonrival goods or foctors) that are responsible for the inhomogeneous pattern of growth con vergence. To analyze this phenomenon, I consider different types of regional aggregates and different distances in the model.
