The Economics Of Persistent Innovation An Evolutionary View
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The Economics of Persistent Innovation An Evolutionary View
Author | : Christian Bas,William Latham |
Publsiher | : Springer Science & Business Media |
Total Pages | : 265 |
Release | : 2009-06-04 |
Genre | : Science |
ISBN | : 9780387292458 |
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William Latham Christian Le Bas Persistence of firm innovative behavior became an important topic in applied industrial organization with the publication of the seminal empirical work of P. Geroski and his colleagues (1997). Evidence that firms innovate persistently has led previous studies to focus on the determinants of innovation persistence and on its heterogeneity across industries, technologies and countries. The aims of this book are: (1) to illumine the scale and scope of the phenomenon of persistence in innovation, and (2) to account for the principal factors that explain why some firms innovates persistently and others do not. Because this book deals intensively and extensively with the subject of firm innovation persistence, which is not, as yet, a well-known term, we need to provide a nontrivial definition of it that encompasses the full range topics we want to address and aids our understanding of how they are related to each other. We begin with a careful identification of "innovation. " Our first definition is drawn from K. Pavitt (2003), "innovation processes involve the exploration and exploitation of opportunities for a new or improved product, process or service, based either on an advance in technical practice or a change in market demand, or a combination of the two. " While this definition is clear, and conforms well to both our empirical and theoretical perspectives, some elaboration may help to clarify the concept.
Innovation Economics and Evolution
Author | : Peter H. Hall |
Publsiher | : Unknown |
Total Pages | : 444 |
Release | : 1994 |
Genre | : Business & Economics |
ISBN | : STANFORD:36105016059482 |
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Explores how changing technology can influence economic systems and vice versa. This text studies the impact of innovation on inter-firm competition at the industry level; technological progress and long run growth; and the economics of the firm as it relates to adopting innovations.
New Developments in Evolutionary Innovation
Author | : Gino Cattani,Mariano Mastrogiorgio |
Publsiher | : Oxford University Press |
Total Pages | : 224 |
Release | : 2021-05-13 |
Genre | : Business & Economics |
ISBN | : 9780192573964 |
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The growth of evolutionary thinking has had a profound impact on economic theory and related fields such as strategy and technological innovation. An important paradigm that underlies the evolutionary theory of innovation is neo-Darwinian evolution. According to this paradigm, evolution is gradualist and based on the mechanisms of variation, selection, and retention. Since the 1970s, theoretical advancements in evolutionary biology have recognised the central role of punctuated equilibrium, speciation, and exaptation. However, despite their significant influence in evolutionary biology, these advancements have been reflected only partially in evolutionary approaches to economics, strategy, and innovation. The aim of this book is to review these advancements and explore their implications, with a particular emphasis on the role of serendipity and unprestateability in innovation and novelty creation.
Modern Evolutionary Economics
Author | : Richard R. Nelson,Giovanni Dosi,Constance E. Helfat,Andreas Pyka,Sidney G. Winter |
Publsiher | : Cambridge University Press |
Total Pages | : 285 |
Release | : 2018-05-03 |
Genre | : Business & Economics |
ISBN | : 9781108427432 |
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Presents the evolutionary perspective of the economy as perpetually moving, driven by innovation, and the empirical research this has guided.
Evolutionary Economics and Creative Destruction
Author | : J. Stanley Metcalfe |
Publsiher | : Psychology Press |
Total Pages | : 171 |
Release | : 2006 |
Genre | : Evolutionary economics |
ISBN | : 9780415406482 |
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The central theme of this book is competition treated as an evolutionary process in which the focus is upon economic change and not economic equilibrium. This theme is explored by linking together differences in economic behaviour with the role of markets as co-ordinating institutions. In this picture innovation plays a central role as a primary source of differential behaviour of firms and the purpose of the book is to identify the consequences of these differences for competition and competitive advantage.
Innovation Economics Engineering and Management Handbook 1
Author | : Dimitri Uzunidis,Fedoua Kasmi,Laurent Adatto |
Publsiher | : John Wiley & Sons |
Total Pages | : 466 |
Release | : 2021-06-08 |
Genre | : Business & Economics |
ISBN | : 9781119832485 |
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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.
Innovation Organization and Economic Dynamics
Author | : Giovanni Dosi |
Publsiher | : Edward Elgar Publishing |
Total Pages | : 728 |
Release | : 2000-01-01 |
Genre | : Business & Economics |
ISBN | : 1782541853 |
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Conventional economic analysis of property rights in natural resources is too narrow and restrictive to allow for effective comparisons between alternative institutional structures. In this book, a conceptual framework is developed for the analysis of the
Systems of Innovation
Author | : Christopher Freeman |
Publsiher | : Edward Elgar Publishing |
Total Pages | : 294 |
Release | : 2008 |
Genre | : Business & Economics |
ISBN | : STANFORD:36105131789740 |
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This set of essays by Chris Freeman, founder of SPRU and one of the pioneers of innovation studies, will be of interest to anyone wanting to gain a deeper understanding of technical and social change.