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This book maps the latest developments in public procurement of
innovation policy in various contexts and analyzes the evolution
and development of the various policy solutions in broader
institutional contexts. In doing so, it addresses significant
theoretical and practical gaps: On the one hand, there is an
emerging interest in public procurement as a policy tool for
spurring innovation; yet on the other hand, the current theory,
with some notable exceptions, is guided and often constrained by
historical applications, above all in the defence industries. By
carefully examining the cases of eleven countries, the book points
to the existence of much more nuanced public procurement on the
innovation policy landscape than has been acknowledged in the
academic and policy debates to date.
The Handbook of Alternative Theories of Economic Development
explores the theories and approaches which, over a prolonged period
of time, have existed as viable alternatives to today?s mainstream
and neo-classical tenets. With a total of 40 specially commissioned
chapters, written by the foremost authorities in their respective
fields, this volume represents a landmark in the field of economic
development. It elucidates the richness of the alternative and
sometimes misunderstood ideas which, in different historical
contexts, have proved to be vital to the improvement of the human
condition. The subject matter is approached from several
complementary perspectives. From a historical angle, the Handbook
charts the mercantilist and cameralist theories that emerged from
the Renaissance and developed further during the Enlightenment.
From a geographical angle, it includes chapters on African,
Chinese, Indian, and Muslim approaches to economic development.
Different schools are also explored and discussed including
nineteenth century US development theory, Marxist, Schumpeterian,
Latin American structuralism, regulation theory and world systems
theories of development. In addition, the Handbook has chapters on
important events and institutions including The League of Nations,
The Havana Charter, and UNCTAD, as well as on particularly
influential development economists. Contemporary topics such as the
role of finance, feminism, the agrarian issue, and ecology and the
environment are also covered in depth. This comprehensive Handbook
offers an unrivalled review and analysis of alternative and
heterodox theories of economic development. It should be read by
all serious scholars, teachers and students of development studies,
and indeed anyone interested in alternatives to development
orthodoxy. Contributors: M. Alacevich, R. Arocena, J.G. Backhaus,
E.B. Barbier, R. Bielschowsky, C.N. Biltoft, R. Boyer, L.
Burlamaqui, C.P. Chandrasekhar, M. Cimoli, A.M. Daastol, G.
Derluguian, W. Drechsler, S. Endresen, M.S. Erkek, M.S. Floro, J.
Ghosh, J.-C. Graz, J.P. Hochard, I. Ianos, P. Jha, A. Kadri, R.
Kattel, J.A. Kregel, B.-A. Lundvall, A.C. Macedo e Silva, J.A.
Mathews, L. Mjoset, S. Moyo, R.R. Nelson, G. Omkarnath, E.
OEzveren, J.G. Palma, P. Patnaik, G. Porcile, E.S. Reinert, S.A.
Reinert, P.R. Roessner, A. Saltelli, M. Shafaeddin, A. Singh, I.G.
Shivji, J. Sutz, Y. Tandon, E. Thurbon, F. Tregenna, H.S. UEnal, L.
Weiss, T. Xu, P. Yeros, X. Zhao
2017 marked the seventy-fifth anniversary of Schumpeter's
Capitalism, Socialism and Democracy, a work acknowledged as one of
the most insightful books written in the twentieth century. It
retains a contemporary quality, and still invites criticisms, new
interpretations, and extensions and across disciplines. This book,
in addition to re-examining Schumpeter's seminal work and
undertaking a twenty-first-century update of its main themes,
brings together leading social scientists to provide contemporary
amendments, extensions - or eventually refutations - of key
elements of Schumpeter's vision and thesis. Issues covered include
a new take on creative destruction, the contours of a theory of
innovative enterprise, finance and financialisation, a critique of
the secular stagnation thesis, Schumpeter's contributions to a
theory of the entrepreneurial state, his conception of socialism
and its current relevance for understanding the 'China model' as
well as a rekindling of his democracy thesis for our times.
Bringing together leading international contributors, this book
provides fresh perspectives on ideas that continue to be hugely
relevant to contemporary social sciences and a guide for
understanding the current tensions among capitalism, the state and
democracy. These chapters will be of interest to economists, social
scientists and anyone with an interest in modern capitalism.
2017 marked the seventy-fifth anniversary of Schumpeter's
Capitalism, Socialism and Democracy, a work acknowledged as one of
the most insightful books written in the twentieth century. It
retains a contemporary quality, and still invites criticisms, new
interpretations, and extensions and across disciplines. This book,
in addition to re-examining Schumpeter's seminal work and
undertaking a twenty-first-century update of its main themes,
brings together leading social scientists to provide contemporary
amendments, extensions - or eventually refutations - of key
elements of Schumpeter's vision and thesis. Issues covered include
a new take on creative destruction, the contours of a theory of
innovative enterprise, finance and financialisation, a critique of
the secular stagnation thesis, Schumpeter's contributions to a
theory of the entrepreneurial state, his conception of socialism
and its current relevance for understanding the 'China model' as
well as a rekindling of his democracy thesis for our times.
Bringing together leading international contributors, this book
provides fresh perspectives on ideas that continue to be hugely
relevant to contemporary social sciences and a guide for
understanding the current tensions among capitalism, the state and
democracy. These chapters will be of interest to economists, social
scientists and anyone with an interest in modern capitalism.
This book argues that the current international intellectual
property rights regime, led by the World Trade Organization (WTO),
has evolved over the past three decades toward overemphasizing
private interests and seriously hampering public interests in
access to knowledge and innovation diffusion. This approach
concentrates on tangible and codified knowledge creation and
diffusion in research and development (R&D) that can be
protected via patents and other intellectual property rules and
regulations. In terms of global policy initiatives, however, it is
becoming increasingly clear that the WTO in particular is mostly a
conflict-resolution facility rather than a global governance body
able to generate cooperation and steer international coordinated
policy action. At the same time, rent extraction and profits
streaming from legal hyperprotection have become pervasively
important for firm strategies to compete in a globalized
marketplace. "Knowledge Governance: Reasserting the Public
Interest" offers a novel approach - knowledge governance - in order
to move beyond the current regime.
'Techno-Economic Paradigms' presents a series of essays by the
leading academics in the field discussing one of the most
interesting and talked-about socio-economic theories of our times,
'techno-economic paradigm shifts', and its role in explaining
processes of innovation and development. This festschrift honours
Carlota Perez, founder of the theory of 'techno-economic paradigm
shifts'.
Ragnar Nurkse (1907-1959) was one of the most important pioneers of
development economics, and although his writings have been
neglected in recent decades, leading development economists and
international organizations such as the United Nations are now
turning to Nurkse in search for new inspiration, due to the failure
of neoclassical economics to adequately explain the experience of
poor and developing countries. Yet Nurkse's contribution to the
field has never before been analysed before at book length. The
present volume, 'Ragnar Nurkse (1907-2007): Classical Development
Economics and its Relevance for Today', contains a selection of
papers that cast new insight on Nurkse's thought, and discuss his
relevance for today. The volume also celebrates the 100th
anniversary of this profoundly important thinker's birth.
Ragnar Nurkse (1907-1959) was one of the most important pioneers
of development economics, and although his writings have been
neglected in recent decades, leading development economists and
international organizations such the United Nations are now turning
to Nurkse in search for new inspiration, due to the failure of
neoclassical economics to adequately explain the experience of poor
and developing countries. Until now, however, all Nurkse's
published works were out of print, and the most recent editions
stem from the early 1960s.
'Ragnar Nurkse, Trade and Development' reprints Nukse's most
important works, making them widely available for an audience of
economists, policy makers, researchers and students. The works
reprinted here include two essays never printed before in this
format: 'Growth in Underdeveloped Countries', (1952) and
'International Trade Theory and Development Policy' (1957), as well
as the collected essays from 'Equilibrium and Growth in the World
Economy' (1961), and the monograph 'Problems of Capital Formation
in Underdeveloped Countries' (1953).
Techno-economic paradigm shifts are at the core of general,
innovation-based theory of economic and societal development as
conceived by Carlota Perez. Her book on the subject, Technological
Revolutions and Financial Capital, is a seminal enunciation of the
theory, and has had immense influence on business strategy, state
development programs and policy, and academic thinking on the
subject. 'Techno-Economic Paradigms' presents a series of essays by
the leading academics in the field discussing the theory of
techno-economic paradigm shifts, and its role in explaining
processes of innovation and development. This festschrift honours
Carlota Perez, the founder of the theory 'techno-economic paradigm
shifts'.
Ragnar Nurkse (1907-1959) was one of the most important pioneers of
development economics, and although his writings have been
neglected in recent decades, leading development economists and
international organizations like the United Nations are now turning
to Nurkse in search for new inspiration, due to the failure of
neoclassical economics to adequately explain the experience of poor
and developing countries. Until now, however, all Nurkse's
published works were out of print, and the most recent editions
stem from the early 1960s. 'Ragnar Nurkse, Trade and Development'
reprints Nukse's most important works, making them widely available
for an audience of economists, policy makers, researchers and
students. The works reprinted here, include two essays never
printed before in this format 'Growth in Underdeveloped Countries',
(1952) and 'International Trade Theory and Development Policy'
(1957), as well as the collected essays from Equilibrium and Growth
in the World Economy (1961), and the monograph Problems of Capital
Formation in Underdeveloped Countries (1953).
Ragnar Nurkse (1907-1959) was one of the most important pioneers of
development economics, and although his writings have been
neglected in recent decades, leading development economists and
international organizations like the United Nations are now turning
to Nurkse in search for new inspiration, due to the failure of
neoclassical economics to adequately explain the experience of poor
and developing countries. Yet Nurkse's contribution to the field
has never before been analysed before at book length. The present
volume, 'Ragnar Nurkse (1907-2007): Classical Development Economics
and its Relevance for Today', contains a selection of papers that
cast new insight on Nurkse's thought, and discuss his relevance for
today. The volume also celebrates the 100th anniversary of this
profoundly important thinker's birth.
The Handbook of Alternative Theories of Economic Development
explores the theories and approaches which, over a prolonged period
of time, have existed as viable alternatives to today?s mainstream
and neo-classical tenets. With a total of 40 specially commissioned
chapters, written by the foremost authorities in their respective
fields, this volume represents a landmark in the field of economic
development. It elucidates the richness of the alternative and
sometimes misunderstood ideas which, in different historical
contexts, have proved to be vital to the improvement of the human
condition. The subject matter is approached from several
complementary perspectives. From a historical angle, the Handbook
charts the mercantilist and cameralist theories that emerged from
the Renaissance and developed further during the Enlightenment.
From a geographical angle, it includes chapters on African,
Chinese, Indian, and Muslim approaches to economic development.
Different schools are also explored and discussed including
nineteenth century US development theory, Marxist, Schumpeterian,
Latin American structuralism, regulation theory and world systems
theories of development. In addition, the Handbook has chapters on
important events and institutions including The League of Nations,
The Havana Charter, and UNCTAD, as well as on particularly
influential development economists. Contemporary topics such as the
role of finance, feminism, the agrarian issue, and ecology and the
environment are also covered in depth. This comprehensive Handbook
offers an unrivalled review and analysis of alternative and
heterodox theories of economic development. It should be read by
all serious scholars, teachers and students of development studies,
and indeed anyone interested in alternatives to development
orthodoxy. Contributors: M. Alacevich, R. Arocena, J.G. Backhaus,
E.B. Barbier, R. Bielschowsky, C.N. Biltoft, R. Boyer, L.
Burlamaqui, C.P. Chandrasekhar, M. Cimoli, A.M. Daastol, G.
Derluguian, W. Drechsler, S. Endresen, M.S. Erkek, M.S. Floro, J.
Ghosh, J.-C. Graz, J.P. Hochard, I. Ianos, P. Jha, A. Kadri, R.
Kattel, J.A. Kregel, B.-A. Lundvall, A.C. Macedo e Silva, J.A.
Mathews, L. Mjoset, S. Moyo, R.R. Nelson, G. Omkarnath, E.
OEzveren, J.G. Palma, P. Patnaik, G. Porcile, E.S. Reinert, S.A.
Reinert, P.R. Roessner, A. Saltelli, M. Shafaeddin, A. Singh, I.G.
Shivji, J. Sutz, Y. Tandon, E. Thurbon, F. Tregenna, H.S. UEnal, L.
Weiss, T. Xu, P. Yeros, X. Zhao
This collection offers a comparative overview of how financial
regulations have evolved in various European countries since the
introduction of the single European market in 1986. It includes a
number of country studies which provides a narrative of the
domestic financial regulatory structure at the beginning of the
period, as well the means by which the EU Directives have been
introduced into domestic legislation and the impact on the
financial structure of the economy. In particular, studies
highlight how the discretion allowed by the Directives has been
used to meet the then existing domestic conditions and financial
structure as well as how they have modified that structure.
Countries covered are France, Germany, Italy, Spain, Estonia,
Hungary and Slovenia. The book also contains an overview of
regulatory changes in the UK and Nordic countries, and in
post-crisis USA. This comparative approach raises questions about
whether past and more recent regulatory changes have in fact
contributed to increase financial stability in the EU. The
comparative analysis provided in this book raises questions on
whether the past and more recent changes are contributing to
increase the financial stability and efficiency of individual banks
and national financial systems. The crisis has demonstrated the
drawbacks of formulating the regulatory framework on standards
borrowed from the best industry practices from the large developed
countries, originally designed exclusively for large global banks,
but now applied to all financial institutions.
This book maps the latest developments in public procurement of
innovation policy in various contexts and analyzes the evolution
and development of the various policy solutions in broader
institutional contexts. In doing so, it addresses significant
theoretical and practical gaps: On the one hand, there is an
emerging interest in public procurement as a policy tool for
spurring innovation; yet on the other hand, the current theory,
with some notable exceptions, is guided and often constrained by
historical applications, above all in the defence industries. By
carefully examining the cases of eleven countries, the book points
to the existence of much more nuanced public procurement on the
innovation policy landscape than has been acknowledged in the
academic and policy debates to date.
This collection offers a comparative overview of how financial
regulations have evolved in various European countries since the
introduction of the single European market in 1986. It includes a
number of country studies which provides a narrative of the
domestic financial regulatory structure at the beginning of the
period, as well the means by which the EU Directives have been
introduced into domestic legislation and the impact on the
financial structure of the economy. In particular, studies
highlight how the discretion allowed by the Directives has been
used to meet the then existing domestic conditions and financial
structure as well as how they have modified that structure.
Countries covered are France, Germany, Italy, Spain, Estonia,
Hungary and Slovenia. The book also contains an overview of
regulatory changes in the UK and Nordic countries, and in
post-crisis USA. This comparative approach raises questions about
whether past and more recent regulatory changes have in fact
contributed to increase financial stability in the EU. The
comparative analysis provided in this book raises questions on
whether the past and more recent changes are contributing to
increase the financial stability and efficiency of individual banks
and national financial systems. The crisis has demonstrated the
drawbacks of formulating the regulatory framework on standards
borrowed from the best industry practices from the large developed
countries, originally designed exclusively for large global banks,
but now applied to all financial institutions.
A ground-breaking account which shows how the public sector must
adapt, but also persevere, in order to advance technology and
innovation From self-driving cars to smart grids, governments are
experimenting with new technologies to significantly change the way
we live. Innovation has become vitally important to states across
the world. Rainer Kattel, Wolfgang Drechsler and Erkki Karo explore
how public bodies pursue innovation, looking at how new policies
are designed and implemented. Spanning Europe, the USA and Asia,
the authors show how different institutions finance new
technologies and share cutting-edge information. They argue for the
importance of 'agile stability', demonstrating that in order to
successfully innovate, state organizations have to move nimbly like
start-ups and yet ensure stability at the same time. And that,
particularly in the light of the Covid-19 pandemic, governments
need both long-term policy and dynamic capabilities to handle
crises. This vital account explores the complex and often
contradictory positions of innovating public bodies-and shows how
they can overcome financial and political resistance to change for
the good of us all.
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