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Long Term Economic Development

by Pyka, Andreas.
Authors: Andersen, Esben Sloth.%editor. | SpringerLink (Online service) Series: Economic Complexity and Evolution Physical details: VI, 483 p. 69 illus. online resource. ISBN: 3642351255 Subject(s): Economics. | Endogenous growth (Economics). | Industrial organization (Economic theory). | Economics/Management Science. | Economic Growth. | Innovation/Technology Management. | Industrial Organization. | R & D/Technology Policy.
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E-Book E-Book AUM Main Library 338.9 (Browse Shelf) Not for loan

Introduction -- Schumpeter's Core Works Revisited -- Back to Engel?- Technological Regimes and Demand Structure in the Evolution of the Pharmaceutical Industry -- Innovation and Demand in Industry Dynamics -- Production and Financial Linkages in Inter-Firm Networks -- Does History Matter?- Innovation, Real primary Commodity Prices and Business Cycles -- Knowledge Flows in High-Tech Industry Clusters -- The International Diffusion of Biotechnology -- The Internet as a Global Production Reorganizer -- Looking Around: the Smart Way of Italian SMEs to Innovate -- Strategic Fit Between Regional Innovation Policy and Regional Innovation Systems -- Schumpeterian Patterns of Innovation and the Sources of Breakthrough Inventions -- R&D, Patents and Stock Return Volatility -- On Profit Differentials Between Persistent and Occasional Innovators -- Financial Factors and Patents -- Building Systems -- What Causes Creative Destruction?- Markets and Organizations -- Financial System and Technological Catching-Up.

The book gives an overview of important research topics recently addressed in evolutionary Neo-Schumpeterian Economics. The list of research questions and applications of Neo-Schumpeterian reasoning impressively demonstrates the rich possibilities ranging from theoretical issues addressing human behaviour to applied areas like the emergence of biotechnology in developing countries, the role of innovation on financial markets and the R&D strategies of multinational enterprises. The chapters in this book bring together a rich set of new analytical and empirical methodologies which allow for new relevant and rigorous insights in innovation processes which are responsible for economic development and structural change.

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