Theory of Innovation

Author: Jati Sengupta
Publisher: Springer Science & Business Media
ISBN: 3319021834
Format: PDF
Download Now
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.

Critical Development Theory

Author: Ronaldo Munck
Publisher: Zed Books
ISBN: 9781856496384
Format: PDF, ePub, Docs
Download Now
In recent years there has been considerable rethinking of the whole concept of development, including a growing awareness of its gender, cultural and environmental dimensions, and the impact of globalization. The contributors to this volume seek to extend these debates to a more fundamental level, tackling major issues and transcending those critiques of development which simply engage in a blanket dismissal of the whole enterprise. Instead they offer innovative ways of re-engaging with a reality that, despite globalization, is very much still a dimension of our era.

Understanding Economic Growth

Author: Jati Sengupta
Publisher: Springer Science & Business Media
ISBN: 9781441980267
Format: PDF, Kindle
Download Now
Modern economies have undergone a dramatic change. There has been a shift from large scale material manufacturing to the design and application of new technology with R&D and human capital. The new information age has introduced significant productivity gains through increasing returns and learning by doing, which has challenged the traditional growth models based on competitive market structures. Institutions outside the traditional markets and the genetic principle of survival of the fittest have dominated the current theory of industry growth. This book coordinates and integrates the two strands of economic growth and development: the endogenous theory of growth and the extra-market models of evolutionary economics dominated by innovation efficiency. It presents this new paradigm in terms of both theory and historical experiences. The book addresses the role of innovations and human capital, the impact of information technology, the role of institutions as mechanisms of evolutionary economies and the experiences of Asian growth miracles, and will be of interest to readers in economics and political science concerned with economic growth and development.

Technology Innovations and Growth

Author: J. K. Sengupta
Publisher: Springer
ISBN: 0230295258
Format: PDF, Docs
Download Now
This book provides detailed empirical analysis of countries in Asia to examine various dynamic models that incorporate the impact of technology and innovations on the industry evolution and overall economic growth.

New Paradigm for Interpreting the Chinese Economy

Author: Justin Yifu Lin
Publisher: World Scientific
ISBN: 9814522333
Format: PDF, Docs
Download Now
Since the reform and opening up in 1978, the Chinese economy has grown rapidly. China has become the focus of the world due to its astonishing achievements in every aspect of its economical growth. The country's transformation process has witnessed unprecedented social and economic phenomena and the existing economic theories have not been able to explain this rapid growth. Therefore, there is a need to establish new theories. This book fills the gap by bringing forth new ideas and economic theories.The author, who is one of China's most prestigious economists, has a profound understanding of the country's social, economic and political structures. The book is a collection of his most representative works in the recent years. The chapters not only investigate problems and challenges faced by the Chinese economy, but also shed new light on the solutions and opportunities. Contents:Prospect for the Chinese Economy in the 21st Century — Speech for the 2001 BiMBA Top Management Class of Beijing UniversityEconomic Development and Chinese CultureThe Revival of China and the Future of Chinese EntrepreneursCurb Overheating to Prevent SupercoolingWindow Guidance and Macro Control — Contemplating the Current Macroeconomic Policies of ChinaWill the Reform of Exchange Rate Regime of RMB be Successful?Commercial Environment Construction and Macroeconomic DevelopmentCompetitive Advantage, Comparative Advantage, and Economic Development StrategiesChinese State-Owned Enterprises and the Reform of Financial InstitutionsThe Development Pattern of the Chinese Financial Market in the New Century — Forward: China's Tasks in the New CenturyOn the Optimal Financial Structure in Economic DevelopmentLack of Existing Paradigm for Interpreting the Chinese Economy Readership: Researchers, professionals, undergraduate and graduate students interested in unique situations and rapid development of the Chinese Economy, including economic theories, current challenges and future developments. Keywords:Economic Development;Chinese Culture;Revival;Overheating and Supercooling;Macro-Economic Development;Exchange Rate RegimeKey Features:The author is the former Chief Economist and Senior Vice President of Development Economics at the World BankThe author, who is one of China's leading economists, has a profound understanding of China's social, economic and political structuresThis book not only investigates problems and challenges faced by the Chinese economy, but also sheds new light on the solutions and opportunities

The Theory of Innovation

Author: Jon Sundbo
Publisher: Edward Elgar Publishing
ISBN: 9781781008898
Format: PDF, Docs
Download Now
This book presents for the first time a coherent analysis of the development of innovation theory from the nineteenth century to the present day. It examines the emergence of different theories of innovation in different periods, and how they compete for dominance today. Specifically, it looks at three paradigms within innovation theory - entrepreneurship, the rise of technology and strategic behaviour. This book will be essential reading for academics interested in innovation, technology and industrial organization.

Growth Through Innovation

Author: Roman Boutellier
Publisher: Springer Science & Business Media
ISBN: 3319040162
Format: PDF, ePub, Mobi
Download Now
Capitalism produced entrepreneurs and property rights, the two basic pillars of innovation and growth. As the speed of technology is steadily increasing only radical innovation can be the name of the game. This book discusses technology and innovation trends by looking into historical examples and telling the latest business stories. It opens the discourse about pirates, pioneers, innovators and imitators; proposes the framework of dominant, science-driven and high-tech industry for innovation management and gives insights into intellectual property rights, industrial designs and technical risk management. Finally, it offers 8 important innovation principles for technology driven enterprises that have turned out to have a big effect on the outcome – and in the end on growth.

A New Paradigm for Korea s Economic Development

Author: S. Jwa
Publisher: Springer
ISBN: 1403920206
Format: PDF, ePub, Docs
Download Now
The reader will find here analyses of a wide range of past and current policy experiences and reform efforts in Korea. The policy lessons drawn are designed to aid Korea's transformation from the government-led development model to a modern market-orientated economic system. The main tenet of this book is that Korea's economic future depends entirely upon the successful integration of market-orientated systems and as such, policy recommendations are duly presented.

New Perspectives on Economic Growth and Technological Innovation

Author: F.M. Scherer
Publisher: Brookings Institution Press
ISBN: 9780815796534
Format: PDF, ePub, Mobi
Download Now
Two hundred years ago, the first Industrial Revolution sparked a dramatic acceleration in the quantity of goods and services available to the average citizen--a trend of steadily increasing real income per capita that continues to this day. Since that time, economists have struggled to develop systematic explanations for what caused the sudden, rapid increase, why the economy keeps growing, and why the rate of growth varies in different time periods and nations. In this book, F. M. Scherer traces the evolution of economic growth theory from the Industrial Revolution to the present. Emphasizing technological change as the most crucial dynamic force for growth, Scherer analyzes early hypotheses that paid little attention to new technologies, follows the emergence of theories that increasingly emphasized technological change, and reviews the current state of economic growth theory. Pointing out a lack of solid microbehavioral foundations to support contemporary "new growth" ideas, Scherer then supplies some foundational "bricks" concerning financial investment and human capital, and concludes by exploring the prospects for sustaining rapid growth into the next century. Copublished with the British-North American Committee