The intangible capitalist economy, that is intellectual capitalism, continues evolving, driven by technological innovations and various forms of entrepreneurship. The creation of intellectual capital and intellectual properties lies at its heart. This eagerly anticipated book analyzes the many complex links between R&D, patents, innovations, entrepreneurship, growth and value creation in this process. Based on an extensive array of national empirical and policy studies, Ove Granstrand explores a comprehensive range of innovation and intellectual property (IP) issues that pertain not only to Europe but to the entire world. These issues include the role of patents and licensing in the governance of technology and innovation, and the many uses and abuses of patents. The text also details new IP phenomena in an increasingly patent-intensive world with patent-rich multinationals and patent-savvy new entrants from Asia. In a world facing challenges that call for innovative responses, this book contains a set of valuable policy recommendations for strengthening innovativeness for economic growth and ultimately for social value creation. This timely book will be a valuable resource for economics, law and management scholars wishing to gain a thorough understanding of the topic. Practitioners and policy-makers will also greatly benefit from reading this volume, following up on the author's widely acclaimed book published in 1999 The Economics and Management of Intellectual Property: Towards Intellectual Capitalism.

The importance of supply chain and logistics knowledge has been growing significantly with the beginning of the new millennium, especially after the COVID-19 pandemic outbreak, as logistics and international transport perform one of the most essential services of the modern globalized and interconnected world. This influence of the new dynamic world brings both challenges and motivation for researchers and practitioners with interests in this field. Further study on the opportunities and difficulties of business logistics is essential to protect the future of international business. Cases on International Business Logistics in the Middle East provides innovative information on logistics and supply chain management and delivers insights into contemporary findings of logistics and supply chain based on real case studies. Covering critical topics such as manufacturing, warehousing, air transport, and big data, this reference work is ideal for managers, executives, business owners, researchers, scholars, academicians, practitioners, instructors, and students.

The fourth industrial revolution is having a major impact on industry and societies primarily because of what has been called its raw material: data. New technologies are allowing hyper-connection on a global scale, not only between people, but also between people and machines and, in the case of the Internet of Things, even amongst machines themselves. This book offers a critical reflection on the meaning and expected consequences of the fourth industrial revolution, with a particular focus on the advent of digital globalisation and its implications for industrial policy. Industrial revolutions are considered not only in terms of technological progress, but also in the context of the changing relationship between market and production dynamics, and the social and political conditions enabling the development of new technologies. Industrial Policy for the Manufacturing Revolution aims to increase our capacity to anticipate and adapt to the forthcoming structural changes. It outlines the type of industrial policy and strategies that are needed in this era of rapid transformation. The authors propose a 'comprehensive industrial policy' that considers the complexity of structural changes involving industry as well as institutions and social and education policies, in order to encourage the participation of all citizens in the development process. The book also features a concrete example of comprehensive industrial policy implementation at the regional level. This stimulating and thoughtful book makes the case that industrial policies are more vital than ever, particularly now as the economy undergoes a technological revolution. It will be required reading for all those interested in industrial economics and policy, business and technology.

Post-Keynesian Monetary Theory recaps Marc Lavoie's views on monetary theory over a 35-year period, seen from a post-Keynesian perspective. The book contains a collection of twenty previously published papers, as well as an introduction which explains how these papers came about and how they were received. All of the selected articles avoid mathematical formalism. Readers will find analyses of the earlier advocates of endogenous money such as Nicholas Kaldor and Jacques Le Bourva. They will discover how the arguments in support of the post-Keynesian theory of endogenous money and the credit view of banking have evolved through this 35-year period, and how they have been related to the new procedures pursued by central banks. All these essays show the relevance of the realistic post-Keynesian monetary theory in understanding the subprime and euro crises, quantitative easing and the distributional role of interest rates. Within these pages Marc Lavoie provides an overview of what has happened in post-Keynesian monetary economics over the last three and a half decades for students and scholars with interest in monetary economics, the horizontalist-structuralist debates and the recent history of economic thought.

Acclaim for the first edition:'Free Market Economics is virtually a must read for serious economists . . . Highly recommended.' - Choice: Current Reviews for Academic Libraries 'A refreshing theoretical counterattack to the established Keynesian world view that has left the West financially overpromised, disastrously broke, and vulnerable to crank ideas. Professor Kates has brilliantly resurrected Say's law of markets - Keynes's old nemesis - into a new modern framework that forms the foundation of a new sustainable economy.' - Mark Skousen, editor, Forecasts & Strategies and formerly of the Columbia Business School, US 'Steven Kates has written an exciting new book on the basics of economics. He avoids the dry and unrealistic assumptions of most introductions to economics. He puts change, entrepreneurship, uncertainty, decentralized knowledge and spontaneous order at the center of his analysis. The reader will profit from this fresh approach far more than from an ordinary textbook. This is a treatment for the general reader that both respects and engages one's intelligence.' - Mario J. Rizzo, New York University, US 'Steve Kates, an academic with business experience, does away with the unrealistic abstractions that make economics inaccessible to general readers. This book is about real, enterprising people with whom we can identify, and about how ordinary economic life evolves in conditions of uncertainty. We learn why vacuous modelling only misleads us and why economic freedom and secure institutions are essential to achieving the good life.' - Wolfgang Kasper, University of New South Wales, Australia In this thoroughly updated third edition of Free Market Economics, Steven Kates assesses economic principles based on classical economic theory. Rejecting mainstream Keynesian and neoclassical approaches even though they are thoroughly covered in the text, Kates instead looks at economics from the perspective of an entrepreneur making decisions in a world where the future is unknown, innovation is a continuous process and the future is being created before it can be understood. Key Features include: analysis derived from the theories of pre-Keynesian classical economists, as this is the only source available today that explains the classical pre-Keynesian theory of the business cycle a focus on the entrepreneur as the driving force in economic activity rather than on anonymous 'forces' as found in most economic theory today introduces a powerful though simplified model to explain the difference between modern theory of recession and classical theory of the business cycle great emphasis is placed on the consequences of decision making under uncertainty offers an introductory understanding, accessible to the non-specialist reader. The aim of this book is to redirect the attention of economists and policy makers towards the economic theories that prevailed in earlier times. Their problems were little different from ours but their way of understanding the operation of an economy and dealing with those problems was completely different. Free Market Economics, Third Edition will help students and general readers understand classical economic theory, written by someone who believes that this now-discarded approach to economic thought was superior to what is found in most of our textbooks today.

'. . . provides a good overview of the issues in economic geography both in terms of theory and applications. This is a good book for starters, who want to find a direction within economic geography, and are looking for a book that provides a brief, but interesting, outlook of the main topics investigated in economic geography.' - Vitor Braga, Economic Geography Research Group This well-researched book provides a concise contribution to a large-scale debate on economic globalization. Martin Sokol introduces key theoretical approaches that help us to understand how economies work, why they suffer recessions and crises, and why economic inequalities at various levels are growing in the context of globalization. He introduces key economic geography concepts and theories, demonstrating their application to our contemporary globalizing world. The role that economic geography may play in informing policy making is highlighted, and debates surrounding the recent global financial and economic crisis are expounded. This highly accessible book will prove an essential reference tool for academics, students and researchers focusing on geography, economics, planning and regional development, development studies, international politics and international business. Policy makers and practitioners in local, regional and national authorities, international bodies and non-governmental organizations will also find this book to be an invaluable resource. Contents: Introduction 1. Economic Globalisation, Inequality and Instability 2. What is Economic Geography About? 3. Key Approaches in Economic Geography 4. Neo-classical Approach, Location Theory and Beyond 5. Marxist-inspired Approaches and Uneven Development 6. Alternative Approaches and New Economic Geography 7. Economic Geographies of the Contemporary World 8. Economic Geography and Policy Challenges Appendix: Useful Journals and Internet Sources Bibliography Index

The 'Good Chaps' theory holds that those who rise to power in the UK can be trusted to follow the rules and do the right thing. They're good chaps, after all. Yet Britain appears to have been taken over by bad chaps, and politics is awash with financial scandals, donors who have practically bought shares in political parties, and a shameless contempt for the rules.

Simon Kuper, author of the Sunday Times Top Ten bestseller Chums, exposes how corruption took control of public life, and asks: how can we get politicians to behave like good chaps again?

Since the Great Financial Crisis swept across the world in 2008, there have been few certainties regarding the trajectory of global capitalism, let alone the politics taking hold in individual states. This has now given way to palpable confusion regarding what sense to make of this world in a political conjuncture marked by Donald Trump's `Make America Great Again' presidency of the United States, on the one hand, and, on the other, Xi Jinping's ambitious agenda in consolidating his position as `core leader' at the top of the Chinese state. * Is a major redrawing of the map of global capitalism underway? * Is an unwinding of globalization in train, or will it continue, but with closure to the mobility of labour? * Is there a legitimacy crisis for neoliberalism even while neoliberal practices continue to form state policy? * Are we witnessing an authoritarian mutation of liberal democracy in the 21st century? * Should the strategic issues today be posed in terms of `socialism versus barbarism redux'?

In recent decades, due to unprecedented technological advancements, Europe has seen a move towards on-demand service economies. This has allowed the growth of self-employed professionals who are able to satisfy an increasing demand for flexible and high-skilled work. This book explores the need for reform of regulations in Europe, studying the variance in legal status, working conditions, social protection and collective representation of self-employed professionals. It provides insights into ways that policy could address these important challenges. Presenting the results of a wide-reaching European survey, this book highlights key issues being faced across Europe: the implementation of universal social protection schemes; active labour market policies to support sustainable self-employment and the renewal of social dialogue through bottom-up organisations to extend the collective representation of self-employed professionals. With its theoretically-informed, empirical and interdisciplinary comparative analysis, this book identifies and explains key strategies to resolve these challenges. This book will be of great benefit to both advanced undergraduate and postgraduate students of labour and economic sociology, political science, industrial relations, human resource management and social law. It will also appeal to scholars, practitioners and policymakers concerned with the labour market and self-employment in the European context.

This book uses differences in firm and market regulation and organization to explain differences in national economic performance. These differences affect the way in which firms process information, which is crucial to performance. Applying game theory, contract theory, and information theory, Aoki describes the rules and conventions in Japan, the USA, and the transitional economies. He shows how firms can achieveDSand in the case of Japan, maintainDScompetitive advantage in international markets.

Adam Smith (1723-1790) was one of the brightest stars of the eighteenth-century Scottish Enlightenment. An Inquiry into the Nature and Causes of the Wealth of Nations was his most important book. First published in London in March 1776, it had been eagerly anticipated by Smith's contemporaries and became an immediate bestseller. That edition sold out quickly and others followed. Today, Smith's Wealth of Nations rightfully claims a place in the Western intellectual canon. It is the first book of modern political economy, and still provides the foundation for the study of that discipline. But it is much more than that. Along with important discussions of economics and political theory, Smith mixed plain common sense with large measures of history, philosophy, psychology, sociology, and much else. Few texts remind us so clearly that the Enlightenment was very much a lived experience, a concern with improving the human condition in practical ways for real people. A masterpiece by any measure, Wealth of Nations remains a classic of world literature to be usefully enjoyed by readers today.

In good times, growth and profits are welcome, but in bad times we need resilience, and resilience cannot be spirited up overnight. The economic fallout from the 2008-9 financial crisis and the COVID-19 pandemic has been considerable. Each required unprecedented measures to prevent the economy from crashing. We can learn from crisis to move beyond the superficial success of growth-based economics to adopt a more robust way to frame economics. The adoption of resilient economics should allow an economic system to evolve that is stable by default. The next crisis could be any number of issues, some very closely aligned with the economy and others related to health and environment, or something else entirely. A truly resilient economy should be able to weather any crisis and bounce back when it abates. We need to recalibrate economics to regain its place as a solid and respected discipline at the heart of policymaking. Resilient economics can do this. It provides a framework that moves away from focusing on expansion and growth, to focusing on security, stability, and sustainability. All societies are different; every economy should be different.

Economic activity is embedded in specific surroundings, and ultimately, these conditions determine productivity and efficiency. However, the use of space in the formal models has been troublesome, but in practical activity, the territory is a crucial determinant when the agents make economic decisions. The interaction between economic activity, territory, and space has become a definitive bedrock in theories throughout the history of thought, such as location theory, urban economics, and new economic geography. Considerations of Territorial Planning, Space, and Economic Activity in the Global Economy analyzes the interaction between territory, economic activity, and human development, sharing interesting histories and deploying an extensive set of methodologies, places, and points of view. Covering key topics such as territorial planning, urban economics, and natural resources, this premier reference source is ideal for economists, policymakers, government officials, industry professionals, researchers, academicians, practitioners, scholars, instructors, and students.

THE WILD INSIDE STORY OF CRYPTO'S GET-RICH-QUICK UNDERBELLY

Nat Eliason had six months to make as much money as possible before his first child was born.
So, he turned to where countless others did in 2021: crypto.

Within a year, he'd made millions writing code holding hundreds of millions of dollars of other people's money. He'd been hacked. He'd sold a picture of a monkey for two hundred grand. He'd become an influencer, speaking at conferences, and writing a weekly newsletter to tens of thousands of fans. Best of all, Nat had amassed a small fortune. But how much of this money was even real? And how many times can someone double down before they eventually lose everything?

Crypto Confidential is Nat's unfiltered, insider's account of the hyperactive, hyper-speculative, hyper-addictive, nearly unregulated, completely insane world being built on the blockchain. A story of getting rich, going broke, scamming and getting scammed - and how we can all be more educated participants during the inevitable next bull run.