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Innovation, Growth and Social Cohesion - The Danish Model (Hardcover)
Loot Price: R2,872
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Innovation, Growth and Social Cohesion - The Danish Model (Hardcover)
Series: New Horizons in the Economics of Innovation series
Expected to ship within 12 - 17 working days
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Written by the scholar who, together with Chris Freeman, first
introduced the concept of the innovation system, this book brings
the literature an important step forward. Based upon
extraordinarily rich empirical material, it shows how and why
competence building and innovation are crucial for economic growth
and competitiveness in the current era. It also provides a case
study of a small, very successful European economy combining wealth
creation with social cohesion. The author's comparative analysis of
innovation systems demonstrates that the 'new economy' can thrive
and grow not only in the US-type of economy but also in European
economies which exhibit a high degree of social cohesion. He warns
against the polarisation that may result from a development path
where the success of individuals, organisations and national
economies reflects their capability to adopt new competencies and
skills. He argues that if this kind of learning economy is left
unattended, it will eventually undermine the social cohesion that
is essential for interactive learning processes. As such, he
emphasises the need to develop coherent policy strategies at the
regional, national and EU level in order to cope with the new
challenges of the globalising learning economy. Innovation, Growth
and Social Cohesion is a highly readable, non-technical book which
illustrates the basic concepts with plentiful examples and a wide
variety of empirical material. Students and scholars in the field
of industrial dynamics and innovation research will find this an
invaluable resource. It will also be of significant interest to
policymakers looking for growth models compatible with social
cohesion and those interested in understanding the dynamics of the
new learning economy.
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