Economic Growth and the Invention-innovation Process

Economic Growth and the Invention-innovation Process PDF Author: Tim B. Kirby
Publisher:
ISBN:
Category :
Languages : en
Pages : 138

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Book Description

Economic Growth and the Invention-innovation Process

Economic Growth and the Invention-innovation Process PDF Author: Tim B. Kirby
Publisher:
ISBN:
Category :
Languages : en
Pages : 138

Get Book Here

Book Description


Invention and Economic Growth

Invention and Economic Growth PDF Author: Jacob Schmookler
Publisher: Cambridge : Harvard University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 360

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Book Description
Analysis of effects of economic growth on technological changes and inventions - covers patents, innovations in various industries, the role of intellectual stimulus, productivity advance and the extent of the market, etc. Comprehensive statistical tables, and list of inventions pp. 217 to 328.

Entrepreneurship and Innovation: An Economic Approach

Entrepreneurship and Innovation: An Economic Approach PDF Author: Bruce A. McDaniel
Publisher: Routledge
ISBN: 1317471377
Category : Business & Economics
Languages : en
Pages : 208

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Book Description
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.

Scalable Innovation

Scalable Innovation PDF Author: Eugene Shteyn
Publisher: CRC Press
ISBN: 146659098X
Category : Business & Economics
Languages : en
Pages : 317

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Book Description
Innovation is a primary source of economic growth, and yet only one idea out of 3,000 becomes a successful product or service. Scalable Innovation: A Guide for Inventors, Entrepreneurs, and IP Professionals introduces a model for the innovation process, helping innovators to understand the nature and timing of opportunities and risks on the path to

The Last Technological Innovations and Its Effects on Growth Process, Labor Market and Society

The Last Technological Innovations and Its Effects on Growth Process, Labor Market and Society PDF Author: Gül Ekinci
Publisher: Livre de Lyon
ISBN: 2382360437
Category : Business & Economics
Languages : en
Pages : 196

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Book Description
Innovation, generally based on curiosity and intuition, is defined as a discovery, invention and an R&D process that brings solutions to a social, environmental and technological problem and also that creates value and meets communal needs in product, process, market, organizational and socialfields. All over the world, investments are based on capital accumulation; the idea of having more output with less input is based on production info; and technologies, production volume, the rise of motivation are based on labor force and therefore, they are all accepted as indicators of economic growth. Capital accumulation, technological developments and increase in labor force constitute the main dynamics of growth of the global world economy. Technological progress doesn’t only provide high output and productivity but it also creates economic growth. Since growth in economic sense corresponds to the rise in tools and products that are used to meet human needs, innovations create new employment and business lines at this point. On the other hand; innovations, in social sense, fight against poverty, inequality and also exclusion being related to them. Innovations offer technological, effective, productive and sustainable solutions to these problems in social sense. While developed countries that are more advanced in technology and economic growth, constitute only one fifth of the world population, they use four of five of the world resources and therefore, the gap between developing countries and them is increasing everyday. This situation is seen as an obstacle in front of the aim of a sustainable world. Since the direction of technological innovation is determined by social and economic needs, innovation types such as radical (disruptive), incremental, contrary, operational and marketing innovations create an effect of leverage with its niche role in sustainable development. Many problems, which are untouched in economic, social and technological senses and also which are seen desperate to solve, can only be solved through paradigm-shifting and disruptive (radical) innovations that should be applied in a way that will break the existing taboos. Disruptive innovations create new business lines by bringing radical solutions for the problems that seem unsolvable and stepwise (incremental, staggered) innovations strenghten the sub-innovations in these new businesslines. At this point; opening the way for innovations, attaching importance to creative ideas to increase efficiency, evaluating the contribution of innovation and also managing the processes well are quite important in innovation management. The authors in this book consider innovations in different fields by evaluating the effects of innovations on labor market, society and economy in order to manage the process well and contribute to it

Perspectives on Innovation

Perspectives on Innovation PDF Author: Franco Malerba
Publisher: Cambridge University Press
ISBN: 0521685613
Category : Business & Economics
Languages : en
Pages : 465

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Book Description
Case studies, empirical models, appreciative analyses and formal theories abound.

Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship

Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship PDF Author:
Publisher: Springer
ISBN: 9783319153469
Category : Business & Economics
Languages : en
Pages : 2500

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Book Description
The second edition of this exhaustive work (ECIIE) comprehensively covers the broad spectrum of topics relating to the process of creativity and innovation, from a wide variety of perspectives (e.g., economics, management, psychology, anthropology, policy, technology, education, the arts) and modes (individual, organization, industry, nation, region). This edition includes some 400 topical entries, definitions of key terms and concepts and review essays, from a global array of more than 250 researchers, business executives, policymakers, and artists, illuminating the many facets of creativity and innovation and highlighting their relationships to such universal concepts as knowledge management, economic opportunity, and sustainability. Entries feature description of key concepts and definition of terms, full-color illustrations, case examples, future directions for research and application, synonyms and cross-references and bibliographic references.

Innovation and Its Discontents

Innovation and Its Discontents PDF Author: Adam B. Jaffe
Publisher: Princeton University Press
ISBN: 1400837340
Category : Business & Economics
Languages : en
Pages : 253

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Book Description
The United States patent system has become sand rather than lubricant in the wheels of American progress. Such is the premise behind this provocative and timely book by two of the nation's leading experts on patents and economic innovation. Innovation and Its Discontents tells the story of how recent changes in patenting--an institutional process that was created to nurture innovation--have wreaked havoc on innovators, businesses, and economic productivity. Jaffe and Lerner, who have spent the past two decades studying the patent system, show how legal changes initiated in the 1980s converted the system from a stimulator of innovation to a creator of litigation and uncertainty that threatens the innovation process itself. In one telling vignette, Jaffe and Lerner cite a patent litigation campaign brought by a a semi-conductor chip designer that claims control of an entire category of computer memory chips. The firm's claims are based on a modest 15-year old invention, whose scope and influenced were broadened by secretly manipulating an industry-wide cooperative standard-setting body. Such cases are largely the result of two changes in the patent climate, Jaffe and Lerner contend. First, new laws have made it easier for businesses and inventors to secure patents on products of all kinds, and second, the laws have tilted the table to favor patent holders, no matter how tenuous their claims. After analyzing the economic incentives created by the current policies, Jaffe and Lerner suggest a three-pronged solution for restoring the patent system: create incentives to motivate parties who have information about the novelty of a patent; provide multiple levels of patent review; and replace juries with judges and special masters to preside over certain aspects of infringement cases. Well-argued and engagingly written, Innovation and Its Discontents offers a fresh approach for enhancing both the nation's creativity and its economic growth.

Global Innovation, Finance, and International Commerce

Global Innovation, Finance, and International Commerce PDF Author: F. John Mathis
Publisher: Taylor & Francis
ISBN: 1000806901
Category : Business & Economics
Languages : en
Pages : 249

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Book Description
This book analyses the historical context and progression of "significant innovations" beginning with the industrial revolution, starting around 1750 to the present. It explores the interrelationship, causes, and evolutionary process of contemporary "disruptive" inventions and the role played by global finance and international commerce to support these. First, the authors examine the environment and circumstances surrounding the inventors and explore their backgrounds to determine, why at a specific time, they identified a need that became the seed for invention and, what was their method of successfully commercializing their innovation. Secondly, they focus on the financing of the inventor, the innovation, and the commercialization of the invention(s). They analyze the changes in finance during the shift from a labor-based production process to a more capital-intensive production process, and what new financial products or financial markets were created to facilitate this transition. Third, they explore the impact of global commerce on the inventor country’s innovation environment and international competition impacting the innovation’s production, distribution, and sales, as well as, investigating any financial impact from the demand side and whether that impact was domestic or global in character. Furthermore, they consider if and how global finance and international commerce including the migration of people, together play a role in helping the disruptive invention satisfy a need in society, whether from a production or consumption perspective. Finally, they search for common elements that repeatedly inspired inventors and their disruptive innovations over time. This book will appeal to global government officials, business leadership, early career professionals, and students across a number of disciplines including finance, economics, business, engineering, and technology.

Innovation Through Cooperation

Innovation Through Cooperation PDF Author: Georg Weiers
Publisher: Springer Science & Business Media
ISBN: 3319000950
Category : Business & Economics
Languages : en
Pages : 245

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Book Description
Many people have great ideas. Without the necessary skills and means most never get to realize them. If they could cooperate with competent firms and entrepreneurs together both could achieve much and this is increasingly happening. Mechanisms are being established making a division of labour between inventors and implementers a reality. This is changing the nature of innovation from an internal R&D, or purely entrepreneurial attempt, to a more cooperative innovation. An Idea Economy emerges, where anyone has the possibility to profit from their ideas, and everyone will benefit from more and better innovation. This book presents us the emergence and structure of the Idea Economy by extending the seminal concepts of Entrepreneurial Society and Open Innovation. Part I describes the big picture on how innovation is evolving, where we are today, and what an Idea Economy will look like. Part II points the way forward, discussing in detail on how cooperation in the innovation process works, and why this is only recently becoming possible. ​