Innovation Patterns in Crisis and Prosperity PDF Download

Author: Alfred Kleinknecht
Publisher: Springer
ISBN: 1349111759
Category : Business & Economics
Languages : en
Pages : 243

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Author: Jerry Courvisanos
Publisher: Edward Elgar Publishing
ISBN: 1781002630
Category : Biography & Autobiography
Languages : en
Pages : 332

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Book Description
'Reflection on the "history of opinion", and its application to our contemporary world and controversies over technology and our environmental difficulties, is the distinguishing feature of the thoughtful economist. If the reader of this book is moved to reflect on the work of Schumpeter and Kalecki, the author of this book will have succeeded. Even more important than this, if the reader of this book comes to a changed and deeper understanding of how technology changes in our faltering capitalist economies, and of how the environment is affected by production and may be improved with better ways of satisfying our personal and productive needs, then the author will have done an even greater service to his profession and humanity.' From the foreword by Jan Toporowski, School of Oriental and African Studies, University of London, UK 'Jerry Courvisanos provides us with a timely analysis of the forces behind the crises of capitalism and the tendency towards ecologically unsustainable growth. He draws on the work of two of most creative, if not most recognized, economists of the 20th Century, Michal Kalecki and Joseph Schumpeter. In place of mainstream analysis with its emphasis on marginal conditions for optimisation around well-defined equilibrium, we have a world of innovation, structural change, creative destruction, business cycles, financial crises, changing income distribution and many other inconvenient developments that plague modern economies.' From the foreword by Harry Bloch, Curtin University, Australia Cycles, crises and innovation are the major economic forces that shape capitalist economies. Using a critical realist political economy approach, the analysis in this fine work is based on the works of Micha Kalecki and Joseph Schumpeter both of whom identify these three dynamic forces as plotting the path of economic development. Jerry Courvisanos' thought-provoking book examines how the rise of capital through investment enshrines innovation in profit and power which in turn determines the course of cycles and crises. The author concludes by arguing for strategic intervention by transformative eco-innovation as a public policy path to ecologically sustainable development. This interdisciplinary book will appeal to economists, innovation and entrepreneurship-based scholars, postgraduate students studying the political economy of both innovation and entrepreneurship, regional development planners and economic development policymakers. Anyone with a general interest in economics, politics and innovation or looking for a path out of the economic and ecological morass of current capitalism, will also find much to interest them in this book.

Author: Alfred Kleinknecht
Publisher:
ISBN: 9780333511916
Category : Long waves (Economics)
Languages : en
Pages : 235

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Author: Jon-Arild Johannessen
Publisher: Springer
ISBN: 3319417932
Category : Business & Economics
Languages : en
Pages : 187

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This book examines the link between innovation and economic crises through a systemic philosophy of economic history. Taking the end of the Roman Empire as its starting point, the author guides readers through six economic crises that have occurred up to the present day and uncovers how these may have been triggered by a number of political, economic and technological innovations. The author presents analyses on the Dutch tulip bubble of 1637, the Mississippi bubble in eighteenth-century France, the development of the first limited liability company and the world’s first stock exchange before going on to discuss the latest economic crisis and its links with globalisation and social connectivity following the technological advancement of the internet. The author concludes by explaining how we can use knowledge of the links between innovation and crises to frame a vital new model for policy makers and political leaders. The result is a fascinating insight into the cause of economic crises which will be of particular interest to students and researchers of economic history, financial crises, innovation and political science.

Author: Daniele Archibugi
Publisher: Routledge
ISBN: 1136641165
Category : Business & Economics
Languages : en
Pages : 196

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Book Description
The recent financial and economic crisis has spurred a lot of interest among scholars and public audience. Strangely enough, the impact of the crisis on innovation has been largely underestimated. This books can be regarded as a complementary reading for those interested in the effect of the crisis with a particular focus on Europe.

Author: Mirit Eyal-Cohen
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
The COVID-19 pandemic brought with it a sharp economic contraction. Worldwide stay-home orders and calls for quarantine disrupt employment and commercial business activities are limited to those considered “essential.” Once closure rules are somewhat relaxed, citizens, companies, and independent business owners recalibrate and adapt to new ways of reassuring a safe way to obtain and deliver services and goods. That said, this “new normal” so far has proven more challenging for some industries and sectors than others. Much uncertainty as to life beyond the pandemic still remains. Forecasts predict the world will have to deal with Covid-related disruptions in years to come.Business cycle theory predicts expansion under certain periods of contraction, recession, or depression. Innovation theorists point to new discoveries and knowledge as the engine of such movements of contraction and expansion. Alas, these theories focus on internal innovation mechanisms that drive such changes. Although the current recession follows an idiosyncratic health crisis rather than new technological discoveries--a cause unrelated to innovation theory--we have already witnessed many scientific and business innovations since the onset of the COVID-19 pandemic. Could these pandemic-related novelties be a prerequisite to be able to attain the capstone of the current business cycle? Can external (rather than internal technological) dynamics be a catalyst to boost the next cycle of innovation and economic growth? This essay hopes to provide a missing piece of the puzzle and a deeper understanding of the business cycle and innovation theories. It demonstrates via the case studies of health-related shocks that such external factors should be factored into economic recession and growth models. As a normative solution, we propose to make certain laws more flexible to allow not only endogenic innovations to drive expansion and recovery but adopt rules that stifle change to increase preparedness and handle crisis.

Author: Wilhelm Röpke
Publisher: Ludwig von Mises Institute
ISBN: 161016279X
Category : Business cycles
Languages : en
Pages : 240

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Book Description
"As a foundation for this book use has been made of the author's treatise on Krise and Konjunktur. Large parts have been translated, with many alterations, from the German ... while other parts written in English by the author have been added"--Pref. Includes bibliographical references.

Author: Niels Geiger
Publisher: Routledge
ISBN: 1317216326
Category : Business & Economics
Languages : en
Pages : 246

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Book Description
Throughout the history of economic thought, interest in business cycles and economic crises has sometimes been observed to rise during times of crises, recessions and depressions. However, the treatment of this topic in the literature has generally been merely anecdotal. This book presents a bibliometric and econometric analysis of the development of business cycle and crises theory and its connection to economic developments, particularly since the early 20th century. The book explores the connection between economic development and the literature, utilising systematic bibliometric and rigorous econometric methods and drawing its data from a wide range of sources. This volume provides quantitative answers to questions which have not previously been subject to a precise and comprehensive empirical analysis. This book will be of great interest to historians of economic thought for its novel treatment of a much-discussed topic, and its well-founded and transparent results.

Author: Alfred Kleinknecht
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 239

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Author: Demetris Vrontis
Publisher: Springer Nature
ISBN: 3030765830
Category : Business & Economics
Languages : en
Pages : 330

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Book Description
From recurring episodes of great depression, oil crises, political crises, wars, debt crises, to the ongoing climate change, there is a constant pressure on businesses to cope with critical events. However, throughout history, crises have been pivotal in advancing businesses and societies. This contributed volume approaches crisis not simply as a source of problems, but also as a set of choices. It seeks to explore critical events as possible opportunities for sustainability, through process improvement, creativity, innovation and entrepreneurship. Chapters reveal that times of crisis provide opportunities for new start-ups, creativity, resilience, organisational change, and revitalisation. This book also emphasises the importance of sustainability, driven either by the market or as a response to critical events. Within the wider attempt to explore avenues for Innovation, Entrepreneurship and Sustainability at times of crisis, the book is loosely organised in three thematic sections: organisational responses to crisis; digitisation, and how technology facilitates or hinders sustainability under conditions of crisis; and SMEs, Family Firms (FF), Entrepreneurship, which explores how critical events offer opportunities for innovation.