The Role of Innovation and Entrepreneurship in Economic Growth

The Role of Innovation and Entrepreneurship in Economic Growth

Author: Michael J Andrews

Publisher: University of Chicago Press

Published: 2022-03-17

Total Pages: 633

ISBN-13: 022681078X

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"Innovation and entrepreneurship are ubiquitous today, both as fields of study and as starting points for conversations among experts in government and economic development. But while these areas on continue to attract public and private investments, many measurements of their resulting economic growth-including productivity growth and business dynamism-have remained modest. Why this difference? Because not all business sectors are the same, and the transformative gains of some industries have been offset by stagnation or contraction in others. Accordingly, a nuanced understanding of the economy requires a nuanced understanding of where innovation and entrepreneurship occur and where they matter. Answering these questions allows for strategic public investment and the infrastructure for economic growth.The Role of Innovation and Entrepreneurship in Economic Growth, the latest entry in the NBER conference series, seeks to codify these answers. The editors leverage industry studies to identify specific examples of productivity improvements enabled by innovation and entrepreneurship, including those from new production technologies, increased competition, new organizational forms, and other means. Taken together, the volume illuminates whether the contribution of innovation and entrepreneurship to economic growth is likely to be concentrated, be it selected sectors or more broadly"--


Innovation Ecosystems

Innovation Ecosystems

Author: Martin Fransman

Publisher: Cambridge University Press

Published: 2018-10-04

Total Pages: 353

ISBN-13: 110847246X

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Fransman explains how innovation happens and which factors can help or hinder, by treating innovation as a systemic phenomenon, or ecosystem of players and processes. It will appeal to economists, other social scientists, business people, policy makers, and anyone interested in innovation and entrepreneurship.


Future Drivers of Growth in Rwanda

Future Drivers of Growth in Rwanda

Author: The World Bank;Government of Rwanda

Publisher: World Bank Publications

Published: 2020-07-06

Total Pages: 469

ISBN-13: 1464812853

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A strong and widely acknowledged record of economic success-including a three-and-a-half-fold increase in per capita income since 1994--places Rwanda among the world’s fastest--growing economies. Traumatic memories of the 1994 genocide are gradually fading, as associations begin to take a more positive form--of a nation on the rise, powered by human resilience, a sense of common purpose, and a purposeful government. Past successes and a sense of frailty have fueled aspirations for a secure, prosperous, and modern future. Sustaining high rates of economic growth is at the heart of these ambitions. Recent formulations of the nation’s Vision 2050 set a target of achieving upper-middle-income status by 2035 and high-income status by 2050. Future Drivers of Growth in Rwanda: Innovation, Integration, Agglomeration, and Competition, a joint undertaking by experts from Rwanda and the World Bank Group, evaluates the country’s possibilities and options in this endeavor. The report identifies four essential drivers of growth--innovation, integration, agglomeration, and competition--and reforms in six priority areas: human capital development, export dynamism and regional integration, well-managed urbanization, competitive domestic enterprises, agricultural modernization, and capable and accountable public institutions.


Innovation, Growth and Competitiveness

Innovation, Growth and Competitiveness

Author: Peter Nijkamp

Publisher: Springer Science & Business Media

Published: 2010-12-01

Total Pages: 378

ISBN-13: 3642149650

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This book investigates dynamic regions in the context of greater global interaction in a world economy increasingly driven by knowledge and innovation. It offers novel empirical evidence on the underlying factors of the growth performance of these spaces. In particular, the following questions are addressed: What role is there for research, education and innovation in the development strategies of the dynamic growth regions? What are the risks and consequences of dynamic growth on patterns of world growth and development, competitiveness, inequalities, and convergence? What development strategies should be promoted at national and international levels to promote a growing and more sustainable world economy? What are the implications of the emerging new competitors for Europe’s competitiveness? Using an innovative, integrated framework of analysis, the contributions in this book combine a wide array of complex theoretical and methodological approaches.


Holistic Innovation Policy

Holistic Innovation Policy

Author: Susana Borrás

Publisher: Oxford University Press

Published: 2019-03-20

Total Pages: 437

ISBN-13: 0192537814

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Holistic Innovation Policy puts forward a novel framework for the design and analysis of innovation policy. It provides a theoretically anchored foundation for the design of holistic innovation policy by identifying the core problems that tend to afflict innovations and the activities of innovation systems, including the unintended consequences of policy itself. As most of the current innovation policies focus on few determinants of innovation processes, this is a necessary stepping stone for the identification of viable, relevant, and down-to-earth policy solutions. Rather than presenting a recipe or 'how-to' guide, this book offers a critical analysis of policy instruments and their choice in innovation policy design, and considers the ways in which policy might be providing solutions to problems in systems of innovation. Exploring areas such as knowledge production and R&D, education, training and skills development, demand-side activities, interaction and innovation networks, changing institutions and regulations, and the public financing of early stage innovations, its critical and novel perspective serves policy-makers, scholars, and those interested in the design of innovation policy.


Fostering Innovation and Competitiveness With FinTech, RegTech, and SupTech

Fostering Innovation and Competitiveness With FinTech, RegTech, and SupTech

Author: Boitan, Iustina Alina

Publisher: IGI Global

Published: 2020-09-11

Total Pages: 313

ISBN-13: 1799843912

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Due to the emergence of innovative technologies, various professional fields are transforming their traditional business practices. Specifically, the financial and legal markets are experiencing this digital transformation as professionals and researchers are finding ways to improve efficiency, personalization, and security in these economic sectors. Significant research is needed to keep pace with the continuous advancements that are taking place in finance. Fostering Innovation and Competitiveness with FinTech, RegTech, and SupTech provides emerging research exploring the theoretical and practical aspects of technologically innovative mechanisms and applications within the financial, economic, and legal markets. Featuring coverage on a broad range of topics such as crowdfunding platforms, crypto-assets, and blockchain technology, this book is ideally designed for researchers, economists, practitioners, policymakers, analysts, managers, executives, educators, and students seeking current research on the strategic role of technology in the future development of financial and economic activity.


Sustainable Growth Through Strategic Innovation

Sustainable Growth Through Strategic Innovation

Author: Mitsuru Kodama

Publisher: Edward Elgar Publishing

Published: 2018

Total Pages: 332

ISBN-13: 1785366386

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From detailed reviews of existing dynamic capabilities, this book presents a theoretical model of a strategic innovation system as a corporate system capability to enable a large company to achieve strategic innovation. The book includes in-depth case studies to illustrate the importance of strategic innovation capabilities.


The Innovation Engine for Growth

The Innovation Engine for Growth

Author: Sanjay Mazumdar

Publisher: Routledge

Published: 2021-11-24

Total Pages: 204

ISBN-13: 1000425436

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Written by experts on innovation and growth, this book provides the necessary tools to systematically develop and sustain profitable innovation pipelines. In a hypercompetitive global market, businesses must innovate to survive; yet the failure rate for innovation is extremely high. Strategists and thought leaders, Cheryl Perkins and Dr. Sanjay Mazumdar, offer a sophisticated yet practical approach for implementing successful innovation. Leveraging thought-provoking questions and powerful templates, the book outlines how companies can leverage core strengths, build internal innovation capabilities, partner effectively, and identify the promising areas to pursue. In addition, the book highlights emerging innovations in several major industries, providing fodder to fuel creative thinking and exploration of possible applications across a variety of different industries. Managers and leaders will welcome the innovation insights and examples, as well as the templates to build an organization’s plan to diagnose patterns of innovation, identify opportunities, and apply emerging innovations in their own industries and businesses.


Unlocking Strategic Innovation

Unlocking Strategic Innovation

Author: Surja Datta

Publisher: Routledge

Published: 2021-03-14

Total Pages: 198

ISBN-13: 1000360547

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This new book explores how firms achieve competitive advantage in a disruptive, digital and globalized business landscape. An integrative framework, ‘The Four Rs of Competitive Success’, is introduced, which covers the four core pillars of global strategy: resources and capabilities, technology and innovation (recombination), internationalization and international markets (reach), and physical and virtual location (roots). It then explains how competitive advantage is achieved through an interaction of these four drivers against the backdrop of a globalized and digitized world. It is uniquely practical in its approach, combining theoretical understanding with international case studies and real-life examples throughout each chapter, including Apple, IKEA and Microsoft. Unlocking Strategic Innovation is concise, applied reading for postgraduate students studying international business, corporate strategy, innovation and digital strategy, as well as academics in the field. It will also be important reading for practitioners looking to gain further understanding of how firms compete and flourish in a global and technology-driven environment.