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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.
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 individual national innovation systems. This book provides just that, a model for the application of the concept to an individual economy. Leading scholars provide a detailed analysis of the particular circumstances of Norway - a high income, high productivity, resource rich economy, with relatively modest investment in R&D, and a remarkable track record of social equity. The authors argue that investment in human capital may be more significant than any formula for R&D investment. The book includes contributions from historians, economists, and political scientists, and offers an unparalleled account of the development of one of the world's most successful economies. It will be essential reading fro academics and policymakers concerned with innovation and growth.
Rethinking Regional Innovation and Change brings together papers from leading international scholars in the field of regional development and policy. The contributors examine the interactions between path-dependent developments, institutions, and governance structures that influence regional innovation capacity. Up-to-date case studies present diverse theoretical perspectives from economics, political science, geography, planning, and public policy.
The notion and interpretation of path dependence have been discussed and utilized in various social sciences during the last two decades. This innovative book provides significant new insights onto how the different applications of path dependence have developed and evolved. The authors suggest that there has been a definite evolution from applications of path dependence in the history of technology towards other fields of social science. They also discuss the various definitions of path dependence (strong or weak) and explore the potential applications of path dependence in new areas such as political economy and economic geography. With new perspectives on how the debate surrounding path dependence has evolved, this book will strongly appeal to postgraduate students and scholars of economic history, economic geography, political science and business studies.
The editors, aware of the recent work in evolutionary theory and the science of chaos and complexity, challenge the sometimes deterministic flavor of this subject. They are interested in uncovering the place of agency in these theories that take history so seriously. In the end, they are as interested in path creation and destruction as they are in path dependence. This book is compiled of both theoretical and empirical writings. It shows relatively well-known industries, such as the automobile, biotechnology, and semi-conductor industries in a new light. It also invites the reader to learn more about medical practices, wind power, lasers, and synthesizers. Primarily written for academicians, researchers, and Ph.D. students in fields related to technology management, this book is research-oriented and will appeal to all managers.
Implementing the Circular Economy for Sustainable Development presents the concept of the circular economy with the goal of understanding its present status and how to better implement it, particularly through environmental policies. It first tackles the definition of a circular economy in the context of sustainability and the differences in defining the concept across disciplines, including its fallibilities and practical examples. It then goes on to discuss the implementation of a circular economy, including the increasing variety of technological, mechanical, and chemical procedures to contend with and the need for stakeholder support in addition to improved business models. The second half of the book, therefore, presents tools, approaches, and practical examples of how to shape environmental policy to successfully implement a circular economy. It analyzes deficiencies of current regulations and lays the groundwork for the design of integrated environmental policies for a circular economy. Authored by an expert in environmental economics with decades of experience, Implementing the Circular Economy for Sustainable Development is a timely, practical guide for sustainability researchers and policymakers alike to move more efficiently toward a circular economy and sustainable development. - Presents a clear view of the critical components, features, and issues of a circular economy - Discusses a variety of practical examples from current policies in the context of a circular economy to better understand the challenges associated with its implementation - Analyzes strengths and weaknesses of current environmental policies and their interactions with innovations in engineering and science
This volume explores the governance and management of science, technology, and innovation (STI) in relation to innovation policy and governance systems, highlighting its goal, challenges, and opportunities. Divided into two sections, it addresses the role of governments in promoting innovation in Latin-American contexts as well as barriers and opportunities for STI governance in the region. The chapters tackle the role of institutions, innovation funding, technological trajectories, regional innovation policies, innovation ecosystems, universities, knowledge appropriation, and markets. Researchers and scholars will find an opportunity to grasp a better understanding of innovation policies in emerging economies. This interdisciplinary work presents original research on science, technology and innovation policy and governance studies in an understudied region.
Why are old technologies persisted with after better alternatives have been invented? This book examines this question, a central concern of evolutionary economics, specifically focusing on renewable energy technologies. The concept of path dependence is used to analyse why and how technological development can become locked-in to inefficient ways of doing things. This book shows how lock-in can be avoided by the creation of new technological pathways. The chapters focus on the comparatively recent introduction of new wind turbine technologies for the generation of carbon free electricity. This case study provides valuable lessons in understanding the issues confronting inventors attempting to commercialise their new ideas in the form of innovations in the face of historically established conventional technologies. It is also set within the critical debate on climate change and the need to de-carbonise energy supplies in order to stop further man-made deterioration in the global environment. This book was originally published as a special issue of European Planning Studies.
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.