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This authoritative and enlightening book focuses on fundamental
questions such as what is innovation, who is it relevant for, what
are the effects, and what is the role of (innovation) policy in
supporting innovation-diffusion? The first two sections present a
comprehensive overview of our current knowledge on the phenomenon
and analyse how this knowledge (and the scholarly community
underpinning it) has evolved towards its present stance. The third
part explores the role of innovation for growth and development,
while section four is concerned with the national innovation system
and the role of (innovation) policy in influencing its dynamics and
responding to the important challenges facing contemporary
societies. This comprehensive book is ideal for researchers and
advanced students studying innovation theory, innovation policy and
development issues. It encompasses the important advances of
innovation research over the last two decades, providing a thorough
insight into the evolution of the topic. Policymakers at the
national or international level dealing with innovation would also
greatly benefit from reading this book.
This outstanding collection charts the work of Jan Fagerberg on the
relationship between technology, growth and international
competitiveness. With an original introduction and a mix of
previously published and unpublished material, the book covers all
the main issues including: the technology gap and differences of
growth and welfare; structural factors in the growth of exports and
production, and the relationship between growth of GDP and trade
performance. The final chapter presents a comprehensive overview of
the theoretical and applied work on technology and competitiveness.
The rapid development of a series of technologically advanced,
industrial economies in the post-war period has challenged
conventional understandings of economic growth. The emergence of
these economies has reinvigorated the long-standing debate about
why some countries grow quickly, and reach high levels of
productivity, while others fall behind. Until the emergence of the
new growth theory, few neoclassical economists focused upon this
important issue despite the existence of a rich tradition among
economic historians and economists from more heterodox traditions.
The Dynamics of Technology, Trade and Growth draws upon
contributions of scholars from different theoretical backgrounds to
discuss why economies succeed, or fail, in creating the
infrastructure, finance and technology to develop rapidly and
'catch-up' with others. After an overview by the editors of
theoretical and practical developments in the economics of
convergence and divergence, the book features chapters which
discuss the origins of the post-war catch-up and convergence boom,
convergence in trade and sectoral growth, capital accumulation,
investment and resource allocation, specialization, technological
change, and the potential contribution of information and
communication technologies. The distinguished contributors bring
together in one volume a breadth of scholarship on economic growth,
convergence and divergence, ensuring that this book will be widely
read by economists interested in growth, technical change and
economic development.
Technology plays an increasing role in competitiveness in the
global market. This authoritative new book consists of essays -
theoretical as well as empirical - studying the relationships
between technology, growth, international competitiveness and
employment.The first part of the book shows that international
competitiveness and market shares are mainly determined by R&D
efforts and technological advantages. It goes on to provide some
evidence for the importance of home market size for competitiveness
and for the role of proximity and trade flows for stimulating
dispersion of new knowledge. Issues discussed include the
implications for growth of technical progress as a learning process
and of the degree of openness of the economy. The book also
addresses the role of multinationals as vehicles for technology
diffusion and of monetary policy in a growth context, and the
effects of technical progress on the demand for labour, skilled as
well as unskilled. Technology and International Trade will be of
interest to academics particularly those in the fields of
international trade, economic growth, industrial organization and
technology.
Several attempts have been made since the 1970s to collect key
scholarly papers and document the progress of the field of
innovation studies. The collection of papers covered by this new
research review, most of which were published after the turn of the
millennium, stands on the shoulders of these earlier volumes and
seeks to provide a broad overview of recent progress in research on
innovation and economic change. In their choice of papers, the
editors address the characteristics of the field of innovation
studies and its relationship to other areas of (social) science:
innovation in firms; factors influencing firms' innovation
performance; innovation systems; innovation and economic "catch-up"
and, finally, policy issues for innovation.
Europe's performance relative to the US and countries in Asia is a
topic that greatly preoccupies policymakers who are concerned that
the European Union is losing ground compared to other, more
dynamic, parts of the world. This book presents the scale and scope
of the challenges that Europe faces in adjusting to globalization
and advances in technology. The evidence assembled in this book
points to trends in European Union performance that policymakers
will find disconcerting. In many areas, Europe has not kept pace
with the technological advances of competitors and seems to have
lost its dynamism. Employment creation has been lacklustre, new
specializations have been slow to emerge and the rate of innovation
has been disappointing. The core message in this book is that the
problems Europe faces in key areas such as growth, equality and
employment are all related to its failure to take sufficient
advantage of technological advances, particularly the information
and communication technology (ICT) revolution. It is concluded that
a coherent European strategy for upgrading technological capability
and embedding new technologies, especially ICTs, in society is long
overdue. This book will be indispensable to scholars and
policymakers in the areas of economic growth, international
competitiveness, innovation, regional development and European
studies.
Europe is confronted by an intimidating triple challenge - economic
stagnation, climate change, and a governance crisis. This book
demonstrates how these three challenges are closely inter-related.
A return to economic growth cannot come at the expense of greater
risk of irreversible climate change. Instead, what is required is a
reconceptualization of what is intended by 'economic development'
and a fundamental transformation of the economy to a new 'green'
trajectory, based on rapidly diminishing emission of greenhouse
gases. This entails a much greater emphasis on innovation in all
its forms - not just technological. Innovation policy must be
placed at the very heart of industrial policy and indeed of
economic policy more broadly. Other parts of the world are also
facing varying forms of the triple challenge, and while the
governance challenge may not be exactly the same as for Europe and
the EU, Europe is uniquely placed to take the lead in addressing
the triple challenge. While this may well entail certain costs in
the short term, it will undoubtedly bring considerable benefits in
the longer term. It should also encourage countries in other parts
of the world to follow Europe's lead in this transformation
process, thereby ensuring that climate change is kept within
manageable bounds. Addressing the triple challenge would thus
provide Europe and its citizens with a new sense of purpose,
revitalizing the EU and 'the European project' over the decades to
come.
The concept of National Innovation Systems is well established in
academic research and enthusiastically adopted by policymakers. Yet
there are relatively few in-depth studies of how individual
national innovation systems have evolved to their present stance.
This book provides just that. The contributions of the book are
threefold. First, it develops an evolutionary and historically
oriented approach to the study of the development of these policies
that may have wide applicability. Second, it focuses on a
particular type of innovation, innovation in resource-based
activities, that differs in many respects from the more commonly
studied case of innovation in high-tech industries. Third, the book
advances our understanding of the roles played by institutions and
politics in innovation. The book includes contributions from
historians, economists, and sociologists, and offers an
unparalleled account of the development of one of the world's most
successful economies.
Innovation is increasingly recognized as a vitally important social
and economic phenomenon worthy of serious research study. Firms are
concerned about their innovation ability, particularly relative to
their competitors. Politicians care about innovation, too, because
of its presumed social and economic impact. However, to recognize
that innovation is desirable is not sufficient. What is required is
systematic and reliable knowledge about how best to influence
innovation and to exploit its effects to the full. Gaining such
knowledge is the aim of the field of innovation studies, which is
now at least half a century old. Hence, it is an opportune time to
ask what has been achieved and what we still need to know more
about. This is what this book sets out to explore. Written by a
number of central contributors to the field, it critically examines
the current state of the art and identifies issues that merit
greater attention. The focus is mainly on how society can derive
the greatest benefit from innovation and what needs to done to
achieve this. However, to learn more about how society can benefit
more from innovation, one also needs to understand innovation
processes in firms and how these interact with broader social,
institutional and political factors. Such issues are therefore also
central to the discussion here.
Innovation is increasingly recognized as a vitally important social
and economic phenomenon worthy of serious research study. Firms are
concerned about their innovation ability, particularly relative to
their competitors. Politicians care about innovation, too, because
of its presumed social and economic impact. However, to recognize
that innovation is desirable is not sufficient. What is required is
systematic and reliable knowledge about how best to influence
innovation and to exploit its effects to the full. Gaining such
knowledge is the aim of the field of innovation studies, which is
now at least half a century old. Hence, it is an opportune time to
ask what has been achieved and what we still need to know more
about. This is what this book sets out to explore. Written by a
number of central contributors to the field, it critically examines
the current state of the art and identifies issues that merit
greater attention. The focus is mainly on how society can derive
the greatest benefit from innovation and what needs to done to
achieve this. However, to learn more about how society can benefit
more from innovation, one also needs to understand innovation
processes in firms and how these interact with broader social,
institutional and political factors. Such issues are therefore also
central to the discussion here.
The concept of National Innovation Systems is well established in
academic research and enthusiastically adopted by policymakers. Yet
there are relatively few in-depth studies of how individual
national innovation systems have evolved to their present stance.
This book provides just that. The contributions of the book are
threefold. First, it develops an evolutionary and historically
oriented approach to the study of the development of these policies
that may have wide applicability. Second, it focuses on a
particular type of innovation, innovation in resource-based
activities, that differs in many respects from the more commonly
studied case of innovation in high-tech industries. Third, the book
advances our understanding of the roles played by institutions and
politics in innovation. The book includes contributions from
historians, economists, and sociologists, and offers an
unparalleled account of the development of one of the world's most
successful economies.
This handbook looks to provide academics and students with a
comprehensive and holistic understanding of the phenomenon of
innovation.
Innovation spans a number of fields within the social sciences and
humanities: Management, Economics, Geography, Sociology, Politics,
Psychology, and History. Consequently, the rapidly increasing body
of literature on innovation is characterized by a multitude of
perspectives based on, or cutting across, existing disciplines and
specializations. Scholars of innovation can come from such diverse
starting points that much of this literature can be missed, and so
constructive dialogues missed.
The editors of The Oxford Handbook of Innovation have carefully
selected and designed twenty-one contributions from leading
academic experts within their particular field, each focusing on a
specific aspect of innovation. These have been organized into four
main sections, the first of which looks at the creation of
innovations, with particular focus on firms and networks. Section
Two provides an account of the wider systematic setting influencing
innovation and the role of institutions and organizations in this
context. Section Three explores some of the diversity in the
working of innovation over time and across different sectors of the
economy, and Section Four focuses on the consequences of innovation
with respect to economic growth, international competitiveness, and
employment.
An introductory overview, concluding remarks, and guide to further
reading for each chapter, make this handbook a key introduction and
vital reference work for researchers, academics, and advanced
students of innovation.
About the Series
Oxford Handbooks in Business & Management bring together the
world's leading scholars on the subject to discuss current research
and the latest thinking in a range of interrelated topics including
Strategy, Organizational Behavior, Public Management, International
Business, and many others. Containing completely new essays with
extensive referencing to further reading and key ideas, the
volumes, in hardback or paperback, serve as both a thorough
introduction to a topic and a useful desk reference for scholars
and advanced students alike.
This handbook looks to provide academics and students with a
comprehensive and holistic understanding of the phenomenon of
innovation.
Innovation spans a number of fields within the social sciences and
humanities: Management, Economics, Geography, Sociology, Politics,
Psychology, and History. Consequently, the rapidly increasing body
of literature on innovation is characterized by a multitude of
perspectives based on, or cutting across, existing disciplines and
specializations. Scholars of innovation can come from such diverse
starting points that much of this literature can be missed, and so
constructive dialogues missed.
The editors of The Oxford Handbook of Innovation have carefully
selected and designed twenty-one contributions from leading
academic experts within their particular field, each focusing on a
specific aspect of innovation. These have been organized into four
main sections, the first of which looks at the creation of
innovations, with particular focus on firms and networks. Section
Two provides an account of the wider systematic setting influencing
innovation and the role of institutions and organizations in this
context. Section Three explores some of the diversity in the
working of innovation over time and across different sectors of the
economy, and Section Four focuses on the consequences of innovation
with respect to economic growth, international competitiveness, and
employment.
An introductory overview, concluding remarks, and guide to further
reading for each chapter, make this handbook a key introduction and
vital reference work for researchers, academics, and advanced
students of innovation.
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