Technological Systems and Intersectoral Innovation Flows


Book Description

"The authors successfully integrate the theoretical and empirical analysis of technological systems with a specific investigation of intersectoral innovation flows. The book will be welcomed by students, scholars and researchers in the fields of innovation, evolutionary economics, industrial organisation and business studies."--BOOK JACKET.




Elgar Encyclopedia on the Economics of Knowledge and Innovation


Book Description

A landmark reference work in the field, this Elgar Encyclopedia presents over 60 entries from scholars that have shaped the making of the economics of innovation as a distinct and specialised field of investigation within the broad range of economic disciplines. This will be a critical read for economics scholars, particularly those focusing on knowledge and innovation as it offers an understanding of the definitions of key terms in the field, the founding tenets of the topic, and the economics of knowledge and innovation in more specific contexts.




Technological Systems and Intersectoral Innovation Flows


Book Description

This book examines long-run technological change and the complex set of interrelated phenomena which can be grouped under the heading of 'innovative processes'. The authors refer to a broad notion of the technological system and propose an original methodology to ensure consistent empirical analysis. The book aims to explain, rather than merely identify, the effects of technological change. It does so by promoting the analysis of intersectoral innovation flows as a way to investigate the nature of technological change. At both the macro and sectoral level, institutional and structural elements are considered along with more standard technological and industrial variables. International comparisons are carried out on a systematic basis for a set of OECD countries, plus a focus on two important industrial sectors (motor vehicles and chemicals). The authors find that institutional arrangements (such as models of capitalism) turn out to play an important role in shaping both the internal and external relationships of macro technological systems. Moreover, the structure and performance of an industry is shaped by the broader techno-economic elements of the relevant sectoral technological system.




Economics of an Innovation System


Book Description

Existing literature looks at national innovation systems from the perspective of either "inside the black box" or "outside the black box". This is the first book that analyzes both the inside and outside of the black box using a general equilibrium framework. The book looks at what is outside the black box and provides models of path-dependent endogenous growth; examines the dynamics of the black box from the intersectoral perspective of the economy; and proposes an innovation flow matrix. It also takes into account both business cycles and endogenous innovation in the unified New Keynesian dynamic stochastic general equilibrium (DSGE) model and examines how business cycles and other policy shocks affect endogenous innovation. The unified treatment of the national innovation system from perspectives both inside and outside the black box using rigorous economic models and empirical analyses makes this an enlightening work, shedding new light on innovation economics.




Technology and the Decline in Demand for Unskilled Labour


Book Description

The position of low skilled workers in the labor market has deteriorated significantly over the past three decades. What has caused this deterioration in low skilled labor demand and what can explain the different labor market responses throughout the OECD? Mark Sanders addresses these questions and evaluates proposed policies to improve upon the present situation and prevent further deterioration in the future. The author develops a theoretical framework that produces two hypotheses to explain the shift in relative demand as well as the different ways in which this shift has manifested itself. The framework is then extended by introducing unemployment, and additional hypotheses are proposed to explain the main EU-US differences. The dynamics thus uncovered yield somewhat unorthodox policy implications on income-, labor market and technology policies in Europe and the US. This comprehensive book will appeal to both scholars and academics, while graduate and PhD-students looking for an accessible introduction to modeling the dynamics of technical change and its interactions with the labor market will find it of great interest.




Asia's Innovation Systems in Transition


Book Description

The success of Asian economies (first Japan, then Taiwan, South Korea, Singapore, Hong Kong and, more recently, China and India) has made it tempting to look for an Asian model of development. However, the strength of Asian development lies less in strategies that reproduce successful national systems of innovation and more in the capacity for institutional change to open up new development trajectories with greater emphasis on knowledge and learning. The select group of contributors demonstrate that although there are important differences among Asian countries in terms of institutional set.




European Economies in Transition


Book Description

Focusing upon the rich interplay between ongoing institutional and technological changes, the dynamics of national industrial systems and the modifications in policy instruments of the new economic framework of the common market and the single currency, European Economies in Transition addresses key issues for growth and convergence. A set of methodologies highlighting the structural aspects and discontinuities in such dynamics reveals new features of transition processes experienced by some of the most advanced Western economies.




Economics of Structural and Technological Change


Book Description

Technology has long been seen as a path to economic growth. However there is considerable debate about the exact nature of this relationship. Economics of Structural and Technological Change employs a wide range of theoretical and applied approaches to explore the concept of technological change. The book begins with a series of in-depth discussions of the economic analysis of technological change. The second section contains a discussion of theoretical models of technological change, focusing on issues such as time and innovation. The third section brings together a number of applied analyses of technological change and examines the effect of factors such as human resource constraints, patenting and science and technology indicators.




National Innovation, Indicators and Policy


Book Description

This book takes stock of what is known about the process of innovation and its effects, and the policy interventions that influence both. It provides insights into future research required to support evidence-based policy-making and makes clear the need to take a systems approach to the analysis of innovation, its outcomes and its impacts. The contributors explore the fact that economic theory, statistical measurement and the need to achieve targets are combining to shift policy focus towards the economic and social impacts of innovation. This is forcing economists and statisticians to look for new measures, indicators, and analytical frameworks to support the public policy debate and the implementations of change necessary for success. The book emphasizes the importance of linkages and communities of practice in measuring and analyzing innovation, and focuses on: the importance of social sciences as well as natural sciences to the activity of innovation. policy-relevant discussions on the measurement gaps in the activity of innovation quantitative results of analysis relating to the output of innovation activities theoretical frameworks and concepts for measurement of the activity of innovation suggestions for new measurement directions for the activity of innovation which will lead into an international forum to discuss indicator development at the OECD over the next decade. Illustrating that the expectations of innovation policies are being raised, this book will prove fascinating reading for policy analysts, economists, academics and students with an interest in innovation, industrial dynamics and science and technology.




Innovation Strategies in Interdependent States


Book Description

Examining the issues facing smaller regions and countries, John de la Mothe explores how innovation, strategy and interdependence shape their performance, competition, and futures. Innovation and interdependence are central elements of advanced and advancing economies. In our globalized world, the production of knowledge is continually evolving. This is reflected in the design of institutions and in the results on the standards of living that are achieved and sustained. It also implies new forms of competition. Increasingly, smaller countries, regions and cities that do not fit into traditional theories of growth are becoming leaders in technology-intensive products and quick followers in innovative practices. Often heavily committed to large emerging economic markets (such as China and India) and political hegemons (such as Germany, Japan, and the United States), smaller nations, regions and cities are playing an almost unprecedented role in the shape of things to come. By examining the texture of the new economy, paths to constructing advantage, and aspects of the cultures that lead to the new economy, this book provides a valuable and essential guide to scholars, policymakers, strategists and students.