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Author: Jason Potts
Publisher: Oxford University Press
ISBN: 0190937521
Category : Business & Economics
Languages : en
Pages : 281
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Book Description
Innovation is among the most important topics in understanding economic sustained economic growth. Jason Potts argues that the initial stages of innovation require cooperation under uncertainty and draws from insights on the solving of commons problems to shed light on policies and conditions conducive to the creation of new firms and industries. The problems of innovation commons are overcome, Potts shows, when there are governance institutions that incentivize cooperation, thereby facilitating the pooling of distributed information, knowledge, and other inputs. The entrepreneurial discovery of an economic opportunity is thus an emergent institution resulting from the formation of a cooperative group, under conditions of extreme uncertainty, working toward the mutual purpose of opportunity discovery about a nascent technology or new idea. Among the problems commons address are those of the identity; cooperation; consent; monitoring; punishment; and independence. A commons is efficient compared to the creation of alternative economic institutions that involve extensive contracting and networks, private property rights and price signals, or public goods (i.e. firms, markets, and governments). In other words, the origin of innovation is not entrepreneurial action per se, but the creation of a common pool resource from which entrepreneurs can discover opportunities. Potts' framework draws on the evolutionary theory of cooperation and institutional theory of the commons. It also has important implications for understanding the origin of firms and industries, and for the design of innovation policy. Beginning with a discussion of problems of knowledge and coordination as well as their implications for common pool environments, the book then explores instances of innovation commons and the lifecycle of innovation, including increased institutionalization and rigidness. Potts also discusses the possible implications of the commons framework for policies to sustain innovation dynamics.
Author: Jason Potts
Publisher: Oxford University Press
ISBN: 0190937521
Category : Business & Economics
Languages : en
Pages : 281
Get Book Here
Book Description
Innovation is among the most important topics in understanding economic sustained economic growth. Jason Potts argues that the initial stages of innovation require cooperation under uncertainty and draws from insights on the solving of commons problems to shed light on policies and conditions conducive to the creation of new firms and industries. The problems of innovation commons are overcome, Potts shows, when there are governance institutions that incentivize cooperation, thereby facilitating the pooling of distributed information, knowledge, and other inputs. The entrepreneurial discovery of an economic opportunity is thus an emergent institution resulting from the formation of a cooperative group, under conditions of extreme uncertainty, working toward the mutual purpose of opportunity discovery about a nascent technology or new idea. Among the problems commons address are those of the identity; cooperation; consent; monitoring; punishment; and independence. A commons is efficient compared to the creation of alternative economic institutions that involve extensive contracting and networks, private property rights and price signals, or public goods (i.e. firms, markets, and governments). In other words, the origin of innovation is not entrepreneurial action per se, but the creation of a common pool resource from which entrepreneurs can discover opportunities. Potts' framework draws on the evolutionary theory of cooperation and institutional theory of the commons. It also has important implications for understanding the origin of firms and industries, and for the design of innovation policy. Beginning with a discussion of problems of knowledge and coordination as well as their implications for common pool environments, the book then explores instances of innovation commons and the lifecycle of innovation, including increased institutionalization and rigidness. Potts also discusses the possible implications of the commons framework for policies to sustain innovation dynamics.
Author: Benna, Umar G.
Publisher: IGI Global
ISBN: 1522554491
Category : Political Science
Languages : en
Pages : 374
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Book Description
Assisted by globalization and the rapid application of advanced technologies, the transformative power of urbanization is being felt around the world. The scale and the speed of existing and projected urbanization poses several challenges to researchers in multiple disciplines, such as computer science, engineering, and the social sciences. Optimizing Regional Development Through Transformative Urbanization provides emerging research exploring the theoretical and practical aspects of applications within urban growth interventions. It also explores the strategies for new urban development tools such as the rise of new platforms for digital activities, concepts of sharing economy, collaborative economy, crowdsourcing, and crowdfunding. Featuring coverage on a broad range of topics such as cryptocurrencies, public-private partnership, and urban governance, this book is a vital reference for city development planners, decision makers, policymakers, academicians, researchers, and professionals seeking current research on the delivery of transformative urbanization changes.
Author: Jason Potts
Publisher:
ISBN: 0190937491
Category : Business & Economics
Languages : en
Pages : 281
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Book Description
Innovation is among the most important topics in understanding economic sustained economic growth. Jason Potts argues that the initial stages of innovation require cooperation under uncertainty and draws from insights on the solving of commons problems to shed light on policies and conditions conducive to the creation of new firms and industries. The problems of innovation commons are overcome, Potts shows, when there are governance institutions that incentivize cooperation, thereby facilitating the pooling of distributed information, knowledge, and other inputs. The entrepreneurial discovery of an economic opportunity is thus an emergent institution resulting from the formation of a cooperative group, under conditions of extreme uncertainty, working toward the mutual purpose of opportunity discovery about a nascent technology or new idea. Among the problems commons address are those of the identity; cooperation; consent; monitoring; punishment; and independence. A commons is efficient compared to the creation of alternative economic institutions that involve extensive contracting and networks, private property rights and price signals, or public goods (i.e. firms, markets, and governments). In other words, the origin of innovation is not entrepreneurial action per se, but the creation of a common pool resource from which entrepreneurs can discover opportunities. Potts' framework draws on the evolutionary theory of cooperation and institutional theory of the commons. It also has important implications for understanding the origin of firms and industries, and for the design of innovation policy. Beginning with a discussion of problems of knowledge and coordination as well as their implications for common pool environments, the book then explores instances of innovation commons and the lifecycle of innovation, including increased institutionalization and rigidness. Potts also discusses the possible implications of the commons framework for policies to sustain innovation dynamics.
Author: Eric Von Hippel
Publisher: MIT Press
ISBN: 0262250179
Category : Business & Economics
Languages : en
Pages : 224
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Book Description
The process of user-centered innovation: how it can benefit both users and manufacturers and how its emergence will bring changes in business models and in public policy. Innovation is rapidly becoming democratized. Users, aided by improvements in computer and communications technology, increasingly can develop their own new products and services. These innovating users—both individuals and firms—often freely share their innovations with others, creating user-innovation communities and a rich intellectual commons. In Democratizing Innovation, Eric von Hippel looks closely at this emerging system of user-centered innovation. He explains why and when users find it profitable to develop new products and services for themselves, and why it often pays users to reveal their innovations freely for the use of all.The trend toward democratized innovation can be seen in software and information products—most notably in the free and open-source software movement—but also in physical products. Von Hippel's many examples of user innovation in action range from surgical equipment to surfboards to software security features. He shows that product and service development is concentrated among "lead users," who are ahead on marketplace trends and whose innovations are often commercially attractive. Von Hippel argues that manufacturers should redesign their innovation processes and that they should systematically seek out innovations developed by users. He points to businesses—the custom semiconductor industry is one example—that have learned to assist user-innovators by providing them with toolkits for developing new products. User innovation has a positive impact on social welfare, and von Hippel proposes that government policies, including R&D subsidies and tax credits, should be realigned to eliminate biases against it. The goal of a democratized user-centered innovation system, says von Hippel, is well worth striving for. An electronic version of this book is available under a Creative Commons license.
Author: Darcy W E Allen
Publisher: World Scientific
ISBN: 1786349205
Category : Business & Economics
Languages : en
Pages : 205
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Book Description
When Entrepreneurs Meet: The Collective Governance of New Ideas challenges our understanding of how entrepreneurs crystallize opportunities surrounding new technologies. While innovation is the fundamental driver of growth and prosperity, how the earliest stages of entrepreneurship are governed remains elusive. This book creates a new, institutional approach to understanding entrepreneurship before emphasizing how entrepreneurs create governance structures to coordinate new knowledge resources.Rather than the conventional view that entrepreneurship happens inside firms, this unique transaction-cost economics analysis of entrepreneurship suggests it might begin earlier in hybrid, polycentric self-governance structures, including the innovation commons. Allen explores and analyses various examples of these structures, including hackerspaces and the institutions coalescing around the development of the blockchain economy, along with the dynamics of how those institutions might collapse into firms. This new understanding of the entrepreneurial governance problem is also connected to contemporary questions about the purpose, scope, and application of innovation policy.
Author: Prabir Purkayastha
Publisher: NYU Press
ISBN: 1685900712
Category : Political Science
Languages : en
Pages : 258
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Book Description
A powerful contribution to the debate on intellectual property Knowledge as Commons traces the historical path towards the privatization of knowledge, situating science, technology and the emergence of modern nations in a larger historical framework. Author Prabir Purkayastha asks: Do the needs of society drive science and technology? Or do developments in science and technology provide the motor force of history? Has this relationship changed over time? Purkayastha shows us that, with profit as its sole aim, capital claims to own human knowledge and its products, fencing them in with patents and intellectual property rights. Neoliberal institutions and policy diktats from the West have installed a global system in which knowledge, that limitless resource, is made artificially scarce—while limited resources such as water and clean air are treated as though they were infinite. Arguing that rapid technological change, from pharmaceuticals to electronics, should be an opportunity to deliver quicker cures, affordable access, and global cooperation in the production of knowledge, Purkayastha examines the consequences of this privatization for universities, healthcare, distributive justice, the domestic politics of developing countries, and their prospects vis-à-vis the West.
Author: Christine Frison
Publisher: Routledge
ISBN: 1351403214
Category : Law
Languages : en
Pages : 252
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Book Description
There is much current controversy over whether the rights to seeds or plant genetic resources should be owned by the private sector or be common property. This book addresses the legal and policy aspects of the multilateral seed management regime. First, it studies in detail the International Treaty on Plant Genetic Resources for Food and Agriculture (the Treaty) in order to understand and identify its dysfunctions. Second, it proposes solutions - using recent developments of the "theory of the commons" - to improve the collective seed management system of the Treaty, a necessary condition for its member states to reach the overall food security and sustainable agriculture goals. Redesigning the Global Seed Commons provides a significant contribution to the current political and academic debates on agrobiodiversity law and governance, and on food security and food sovereignty, by analyzing key issues under the Treaty that affect the design and implementation of regulatory instruments managing seeds as a commons. It also examines the practical, legal, political and economic problems encountered in the attempt to implement these obligations in contemporary settings. In particular, it considers how to improve the Treaty implementation by proposing ways for Contracting Parties to better reach the Treaty’s objectives taking a holistic view of the human-seed ecosystem. Following the tenth anniversary of the functioning the Treaty’s multilateral system of access and benefit-sharing, which is currently under review by its Contracting Parties, this book is well-timed to examine recent developments in the field and guide the current review process to design a truly Global Seed Commons.
Author: Sanjay Kumar
Publisher: River Publishers
ISBN: 8793102801
Category : Technology & Engineering
Languages : en
Pages : 791
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Book Description
Wireless communication is one of the fastest growing fields in the engineering world today. Rapid growth in the domain of wireless communication systems, services and application has drastically changed the way we live, work and communicate. Wireless communication offers a broad and dynamic technological field, which has stimulated incredible excitements and technological advancements over last few decades. The expectations from wireless communication technology are increasing every day. This is placing enormous challenges to wireless system designers. Moreover, this has created an ever increasing demand for conceptually strong and well versed communication engineers who understand the wireless technology and its future possibilities. In recent years, significant progress in wireless communication system design has taken place, which will continue in future. Especially for last two decades, the research contributions in wireless communication system design have resulted in several new concepts and inventions at remarkable speed. A text book is indeed required to offer familiarity with such developments and underlying concepts, to be taught in the classroom to future engineers. This is one of the motivations for writing this book. Practically no book can be up to date in this field, due to the fast ongoing research and developments. The new developments are announced almost every day. Teaching directly from the research papers in the classroom cannot build the necessary foundation. Therefore need for a textbook is unavoidable, which is integral to learning, and is an essential source to build the concept. The prime goal of this book is to cooperate in the learning process. This book is based on current research as well as classical text books in the field, and aims to provide in depth understanding on fundamental concepts, which form the basis of wireless communication and build the platform, on which current developments can be understood and future contributions can be made. This book is written in self-explanatory manner to facilitate critical thinking and to support self study. Special emphasis has been given in this book to systematically organize and present the wide domain of wireless communication technology. Extra care has been taken to present the contents and the concepts in user friendly way to enable an easy understanding. Therefore the language of this book is made to make one feel, listening to a classroom lecture. This makes learning straight forward. Sometimes, the explanation could seem to be oversimplified, this is in order to support wide spectrum of readers as well as to clarify the hazy picture. A book of this kind, which addresses a fast developing technology, the frequent use of acronyms and abbreviations is almost inevitable. A care has been taken to spell the acronyms and abbreviations as frequently as practically suitable in the text. Besides, a list of acronyms and abbreviations has also been provided.
Author: Brett M. Frischmann
Publisher: Cambridge University Press
ISBN: 1107146879
Category : Law
Languages : en
Pages : 441
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Book Description
This book collects fifteen new case studies documenting successful knowledge and information sharing commons institutions for medical and health sciences innovation. Also available as Open Access.
Author: Sheila R. Foster
Publisher: Cambridge University Press
ISBN: 1108944949
Category : Law
Languages : en
Pages : 566
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Book Description
The commons theory, first articulated by Elinor Ostrom, is increasingly used as a framework to understand and rethink the management and governance of many kinds of shared resources. These resources can include natural and digital properties, cultural goods, knowledge and intellectual property, and housing and urban infrastructure, among many others. In a world of increasing scarcity and demand - from individuals, states, and markets - it is imperative to understand how best to induce cooperation among users of these resources in ways that advance sustainability, affordability, equity, and justice. This volume reflects this multifaceted and multidisciplinary field from a variety of perspectives, offering new applications and extensions of the commons theory, which is as diverse as the scholars who study it and is still developing in exciting ways.
