The Co-evolution of Technological and Institutional Innovations

The Co-evolution of Technological and Institutional Innovations PDF Author: Andrew H. Van de Van
Publisher:
ISBN:
Category : Organizational change
Languages : en
Pages : 46

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The Co-evolution of Technological and Institutional Innovations

The Co-evolution of Technological and Institutional Innovations PDF Author: Andrew H. Van de Van
Publisher:
ISBN:
Category : Organizational change
Languages : en
Pages : 46

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Book Description


A Model of Growth Through Creative Destruction

A Model of Growth Through Creative Destruction PDF Author: Philippe Aghion
Publisher: London : Department of Economics, University of Western Ontario
ISBN: 9780771411168
Category : Economic development
Languages : en
Pages : 0

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Book Description
This paper develops a model based on Schumpeter's process of creative destruction. It departs from existing models of endogenous growth in emphasizing obsolescence of old technologies induced by the accumulation of knowledge and the resulting process or industrial innovations. This has both positive and normative implications for growth. In positive terms, the prospect of a high level of research in the future can deter research today by threatening the fruits of that research with rapid obsolescence. In normative terms, obsolescence creates a negative externality from innovations, and hence a tendency for laissez-faire economies to generate too many innovations, i.e too much growth. This "business-stealing" effect is partly compensated by the fact that innovations tend to be too small under laissez-faire. The model possesses a unique balanced growth equilibrium in which the log of GNP follows a random walk with drift. The size of the drift is the average growth rate of the economy and it is endogenous to the model ; in particular it depends on the size and likelihood of innovations resulting from research and also on the degree of market power available to an innovator.

Knowledge and Competitive Advantage

Knowledge and Competitive Advantage PDF Author: Johann Peter Murmann
Publisher: Cambridge University Press
ISBN: 9780521813297
Category : Business & Economics
Languages : en
Pages : 324

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Book Description
A comparison of the development of the synthetic dye industry in Europe and the US.

Co-evolution of Technology, Markets and Institutions

Co-evolution of Technology, Markets and Institutions PDF Author: Stian Nygaard
Publisher:
ISBN: 9789197728508
Category :
Languages : en
Pages : 287

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Book Description


Technological Transitions and System Innovations

Technological Transitions and System Innovations PDF Author: Frank W. Geels
Publisher: Edward Elgar Publishing
ISBN: 9781845424596
Category : Business & Economics
Languages : en
Pages : 336

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Book Description
This important book addresses how long term and large scale shifts from one socio-technical system to another come about, using insights from evolutionary economics, sociology of technology and innovation studies. These major changes involve not just technological changes, but also changes in markets, regulation, culture, industrial networks and infrastructure. The book develops a multi-level perspective, arguing that transitions take place through the alignment of multiple processes at three levels: niche, regime and landscape. This perspective is illustrated by detailed historical case studies: the transition from sailing ships to steamships, the transition from horse-and-carriage to automobiles and the transition from propeller-piston engine aircraft to turbojets. This book will be of great interest to researchers in innovation studies, evolutionary economics, sociology of technology and environmental studies. It will also be useful for policy makers involved in long-term sustainability and systems transitions issues.

The Coevolution of Technology, Industrial Structure, and Supporting Institutions

The Coevolution of Technology, Industrial Structure, and Supporting Institutions PDF Author: Richard R. Nelson
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 88

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Internationalizing the Internet

Internationalizing the Internet PDF Author: Byung-Keun Kim
Publisher: Edward Elgar Publishing
ISBN: 9781845426750
Category : Technology & Engineering
Languages : en
Pages : 320

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Book Description
"This compelling book focuses on the global formation of the Internet system. It contests the common belief that the Internet's adoption was inevitable and instead examines the social and economic processes that allowed it to prevail over competing standards and methods for achieving a global information infrastructure." "Researchers and academics involved with science and technology policy, industrial and corporate change, and the information society will welcome this insightful, original and highly pertinent book. It will also be of value for anyone with an interest in how the backbone of the digital economy was formed."--BOOK JACKET.

Co-Evolution of Standards in Innovation Systems

Co-Evolution of Standards in Innovation Systems PDF Author: Stefan N. Grösser
Publisher: Springer Science & Business Media
ISBN: 3790828580
Category : Business & Economics
Languages : en
Pages : 288

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Book Description
Mitigating climate change is one of the most profound challenges facing humankind. In industrialized countries, the residential housing sector produces roughly one-fourth of the greenhouse gas emissions. One solution to reduce these emissions is the availability of building codes that require high levels of energy efficiency. Given the current scientific knowledge, more research is needed to gain a proper systemic understanding of the underlying socio-economic and technical system. Such an understanding is crucial for developing high energy-efficiency standards because this system develops gradually over time and cannot be changed swiftly. This book creates a feedback-rich simulation model for analyzing the effects of different administrative policies on energy demand, the improvement of energy efficiency by means of building codes, and reductions in the greenhouse gas emissions. The dynamic model can contribute substantially to the discourse on energy policies and guide effective administrative interventions. The book will be a valuable resource for officials in the public energy administration, as well as researchers in the areas of innovation, diffusion processes, co-evolution, standardization, and simulation modelling.

Coevolution in Economic Systems

Coevolution in Economic Systems PDF Author: Isabel Almudi
Publisher: Cambridge University Press
ISBN: 1108854990
Category : Business & Economics
Languages : en
Pages : 98

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Book Description
Coevolution in economic systems plays a key role in the dynamics of contemporary societies. Coevolution operates when, considering several evolving realms within a socioeconomic system, these realms mutually shape their respective innovation, replication and/or selection processes. The processes that emerge from coevolution should be analyzed as being globally codetermined in dynamic terms. The notion of coevolution appears in the literature on modern innovation economics since the neo-Schumpeterian inception four decades ago. In this Element, these antecedents are drawn on to formally clarify and develop how the coevolution notion can expand the analytical and methodological scope of evolutionary economics, allowing for further unification and advance of evolutionary subfields.

The Co-evolution of Institutions and Technology

The Co-evolution of Institutions and Technology PDF Author: Desiree Desierto
Publisher:
ISBN:
Category : Diffusion of innovations
Languages : en
Pages : 33

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Book Description