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Innovation Matters

Innovation Matters PDF Author: Richard J. Gilbert
Publisher: MIT Press
ISBN: 026235862X
Category : Business & Economics
Languages : en
Pages : 337

Book Description
A proposal for moving from price-centric to innovation-centric competition policy, reviewing theory and available evidence on economic incentives for innovation. Competition policy and antitrust enforcement have traditionally focused on prices rather than innovation. Economic theory shows the ways that price competition benefits consumers, and courts, antitrust agencies, and economists have developed tools for the quantitative evaluation of price impacts. Antitrust law does not preclude interventions to encourage innovation, but over time the interpretation of the laws has raised obstacles to enforcement policies for innovation. In this book, economist Richard Gilbert proposes a shift from price-centric to innovation-centric competition policy. Antitrust enforcement should be concerned with protecting incentives for innovation and preserving opportunities for dynamic, rather than static, competition. In a high-technology economy, Gilbert argues, innovation matters.

Innovation Matters

Innovation Matters PDF Author: Richard J. Gilbert
Publisher: MIT Press
ISBN: 026235862X
Category : Business & Economics
Languages : en
Pages : 337

Book Description
A proposal for moving from price-centric to innovation-centric competition policy, reviewing theory and available evidence on economic incentives for innovation. Competition policy and antitrust enforcement have traditionally focused on prices rather than innovation. Economic theory shows the ways that price competition benefits consumers, and courts, antitrust agencies, and economists have developed tools for the quantitative evaluation of price impacts. Antitrust law does not preclude interventions to encourage innovation, but over time the interpretation of the laws has raised obstacles to enforcement policies for innovation. In this book, economist Richard Gilbert proposes a shift from price-centric to innovation-centric competition policy. Antitrust enforcement should be concerned with protecting incentives for innovation and preserving opportunities for dynamic, rather than static, competition. In a high-technology economy, Gilbert argues, innovation matters.

Technological Innovation and Economic Performance

Technological Innovation and Economic Performance PDF Author: Benn Steil
Publisher: Princeton University Press
ISBN: 9780691090917
Category : Business & Economics
Languages : en
Pages : 492

Book Description
Commissioned and brought tohgether for the research project by the world-renowned Council on Foreign Relations, the authors have produced an important compendia in applied economics.

Science and Technology Innovation for a Sustainable Economy

Science and Technology Innovation for a Sustainable Economy PDF Author: Mazharul M. Islam
Publisher: Springer Nature
ISBN: 3030471667
Category : Business & Economics
Languages : en
Pages : 197

Book Description
This book discusses the subject of pathways to a sustainable economy through science and technology innovations which are regarded as the important components of the ‘4th Industrial Revolution’. The volume has been developed from Bangladesh’s ‘Vision 2041’ agenda which includes development actions needed to catch up with more developed nations. Most importantly, the goals of the ‘Vision 2041’ have been taken from the dreams of the architect of independent Bangladesh, Bangabandhu (Friends of Bengal) Sheikh Mujibur Rahman. His dream was to make Bangladesh the Switzerland of Asia. The Father of Bangladesh Nation was killed by assassins’ bullets along with his most of the family members in August 1975. After his death, the nation moved backwards while recovering from nine months of liberation post war in 1971. Between 1975 and 1990 Bangladesh was ruled by military and quasi military governments. Bangladesh established a true democratic regime in 1996 with Sheikh Mujib’s daughter, Sheikh Hasina, who formed the government after 21 years with a mandate to realise the dreams of her father. Sheikh Hasina, had her own 20 year vision for Bangladesh, called, ‘Vision 2021’, with plans to make the nation poverty free by 2021. After a pause between 2001 and 2008, Sheikh Hasina returned to power in 2009. Under her consecutive three terms she brought Bangladesh back on track and Bangladesh is one of the nations which reduced poverty half under MDGs by 2015. During her third consecutive term Sheikh Hasina, is on the way to transforming Bangladesh into a ‘middle income’ nation by 2021. This volume aims to identify and mitigate the challenges of ‘4th Industrial Revolution’ investigating the areas of science and technology innovations for Bangladesh and for other parts of the world keeping in mind establishing a sustainable economy under UN agendas to 2030 (SDGs). The primary audience for this book are UN development agencies, academic institutions, government policymakers and business leaders of the more developed and developing nations alike.

Doing Capitalism in the Innovation Economy

Doing Capitalism in the Innovation Economy PDF Author: William H. Janeway
Publisher: Cambridge University Press
ISBN: 1107031257
Category : Business & Economics
Languages : en
Pages : 345

Book Description
A unique insight into the interaction between the state, financiers and entrepreneurs in the modern innovation economy.

Markets for Technology

Markets for Technology PDF Author: Ashish Arora
Publisher: MIT Press
ISBN: 0262261367
Category : Business & Economics
Languages : en
Pages : 351

Book Description
The past two decades have seen a gradual but noticeable change in the economic organization of innovative activity. Most firms used to integrate research and development with activities such as production, marketing, and distribution. Today firms are forming joint ventures, research and development alliances, licensing deals, and a variety of other outsourcing arrangements with universities, technology-based start-ups, and other established firms. In many industries, a division of innovative labor is emerging, with a substantial increase in the licensing of existing and prospective technologies. In short, technology and knowledge are becoming definable and tradable commodities. Although researchers have made significant advances in understanding the determinants and consequences of innovation, until recently they have paid little attention to how innovation functions as an economic process. This book examines the nature and workings of markets for intermediate technological inputs. It looks first at how industry structure, the nature of knowledge, and intellectual property rights facilitate the development of technology markets. It then examines the impacts of these markets on firm boundaries, the division of labor within the economy, industry structure, and economic growth. Finally, it examines the implications of this framework for public policy and corporate strategy. Combining theoretical perspectives from economics and management with empirical analysis, the book also draws on historical evidence and case studies to flesh out its research results.

Industry Emergence

Industry Emergence PDF Author: Gregory Theyel
Publisher: Routledge
ISBN: 1317820002
Category : Business & Economics
Languages : en
Pages : 115

Book Description
This book develops a novel industry emergence framework to explain the features, interaction, and synchronization of key elements for the birth and growth of new industries. Organized around seven elements—firm strategy, technology, investment, supply networks, production, markets, and government—Theyel’s framework provides inventors, managers, investors, scholars, and policymakers with a comprehensive understanding of how industries emerge, helping them to be more successful at influencing the birth and growth of new industries. Understanding industry emergence is important because new industries can offer the advancement of technology, improvements in human health and the environment, growth of firms, creation of jobs, and economic development. With learning objectives, theory, tools, case studies, and end-of-chapter questions, Industry Emergence will be a useful resource for students and professionals in engineering, science, business, and policy.

Information Technology Innovation and the Japanese Economy

Information Technology Innovation and the Japanese Economy PDF Author: Kazunori Minetaki
Publisher: Stanford Economics & Finance
ISBN:
Category : Business & Economics
Languages : en
Pages : 244

Book Description
The notion that innovation in information technology could spark a revitalization of the Japanese economy became a hot topic in 2000, and the Japanese government announced an e-Japan Strategy for creating a "knowledge emergent society" in January 2001. However, just when a consensus seemed to be emerging regarding the importance of IT innovation in Japan, the country's IT industries were deeply influenced by a recession that originated in the U.S. Although economic conditions have improved, strong IT-driven economic growth in Japan has not bounced back. Using a newly constructed set of data, this book examines how the Japanese economy has been affected by advances in information and communications technology, and whether Japan's experience with IT advancement was a short-lived bubble or part of a truly revolutionary change in the Japanese economy that will lead to long-term growth. The authors discuss similarities and differences between Japan's experience with IT innovation and that of the United States, where IT is thought to have played a major role in stimulating the economy.

Technology and Employment

Technology and Employment PDF Author: Richard Michael Cyert
Publisher: Washington, D.C. (2101 Constitution Ave., NW, Washington 20418) : National Academy Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 252

Book Description
This report addresses a number of issues that have surfaced in the debates over the impact of technological change on employment. These issues include the effects of technological change on levels of employment and unemployment within the economy; on the displacement of workers in specific industries or sectors of the economy; on skill requirements; on the welfare of women, minorities, and labor force entrants in a technologically transformed economy; and on the organization of the firm and the workplace. It concludes that technological change will contribute significantly to growth in employment opportunities and wages, although workers in specific occupations and industries may have to move among jobs and careers. Recommends initiatives and options to assist workers in making such transitions. ISBN 0-309-03744-1 (pbk.).

State of Innovation

State of Innovation PDF Author: Fred L. Block
Publisher: Routledge
ISBN: 1317251423
Category : Political Science
Languages : en
Pages : 418

Book Description
The worst economic crisis since the Great Depression has generated a fundamental re-evaluation of the free-market policies that have dominated American politics for three decades. State of Innovation brings together critical essays looking at the 'innovation industry' in the context of the current crisis. The book shows how government programs and policies have underpinned technological innovation in the US economy over the last four decades, despite the strength of 'free market' political rhetoric. The contributors provide new insights into where innovations come from and how governments can support a dynamic innovation economy as the US recovers from a profound economic crisis. State of Innovation outlines a 21st century policy paradigm that will foster cutting-edge innovation which remains accountable to the public.

Technology and Innovation in the International Economy

Technology and Innovation in the International Economy PDF Author: Charles Cooper
Publisher: United Nations University Press
ISBN: 9781858980270
Category : Technological innovations
Languages : en
Pages : 266

Book Description
The two major review essays - Jeffrey James on microelectronic technology and Martin Fransman on biotechnology - assess the impact of these new technologies on production, trade, employment and welfare in developing countries.