The Political Economy of Innovation Development

The Political Economy of Innovation Development

Author: Iurii Bazhal

Publisher: Springer

Published: 2017-06-27

Total Pages: 136

ISBN-13: 3319548522

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This book finds that the R&D and technological innovation of a country is not a result, but a factor, of sustained economic growth. Bazhal develops Schumpeter's theory to argue that genuine economic growth - especially in transitioning and developing countries - is only possible with innovation. With a particular focus on the work of Ukrainian economists, Tugan-Batanobvsky and Vernadsky, the text seeks to move the discipline forward and explain why innovation has become a primary factor of economic development in recent decades and why its role will become even more dominant in the future. Chapters interrogate whether modern economic theory can explain how we ensure the effective functioning of the market economy. The book shows that explanations of economists and politicians regarding the nature of the current economic and financial crisis, and the causes of huge gaps in levels of wealth in market economies, demonstrates that there are not enough satisfactory answers to this question.


The Promise of Access

The Promise of Access

Author: Daniel Greene

Publisher:

Published: 2021

Total Pages:

ISBN-13: 9780262363341

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"Based on fieldwork at three distinct sites in Washington, DC, this book finds that the persistent problem of poverty is often framed as a problem of technology"--


Technology, Culture and Competitiveness

Technology, Culture and Competitiveness

Author: Christopher Farrands

Publisher: Routledge

Published: 2005-06-29

Total Pages: 276

ISBN-13: 1134765622

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The first volume in a major new series, this book will be an essential read for all those who need to deal with the causes and consequences of rapid technological change in an increasingly globalized world, whether they be government policy-makers, managers of multi-national corporations, commentators on the international scene or specialists in and students of international politics, economics and business studies. The authors discuss three related areas: * How do we think about technology and international relations/international political economy? How does technology relate to competitiveness? How does it inlfuence our culture and how is it influenced by it? * In what sense is technology a fundamental component of national competitive advantage and what ought national, local and corporate policy to be in the light of this? * What is the relationship between technological innovation and global political and economic change? Technology is discussed not just in an instrumental sense - as a tool of power and an object of policy - but equally in a transcendental sense - as a key to shaping and structuring how we understand and interpret reality. The final section of the book presents case studies of three core sectors of the world political economy, finance , aviation and automobiles.


The Critique of Digital Capitalism

The Critique of Digital Capitalism

Author: Michael Betancourt

Publisher: punctum books

Published: 2015

Total Pages: 265

ISBN-13: 0692598448

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Anything that can be automated, will be. The "magic" that digital technology has brought us - self-driving cars, Bitcoin, high frequency trading, the internet of things, social networking, mass surveillance, the 2009 housing bubble - has not been considered from an ideological perspective. The Critique of Digital Capitalism identifies how digital technology has captured contemporary society in a reification of capitalist priorities, and also describes digital capitalism as an ideologically "invisible" framework that is realized in technology. Written as a series of articles between 2003 and 2015, the book provides a broad critical scope for understanding the inherent demands of capitalist protocols for expansion without constraint (regardless of social, legal or ethical limits) that are increasingly being realized as autonomous systems that are no longer dependent on human labor or oversight and implemented without social discussion of their impacts. The digital illusion of infinite resources, infinite production, and no costs appears as an "end to scarcity," whereby digital production supposedly eliminates costs and makes everything equally available to everyone. This fantasy of production without consumption hides the physical costs and real-world impacts of these technologies. The critique introduced in this book develops from basic questions about how digital technologies directly change the structure of society: why is "Digital Rights Management" not only the dominant "solution" for distributing digital information, but also the only option being considered? During the burst of the "Housing Bubble" burst 2009, why were the immaterial commodities being traded of primary concern, but the actual physical assets and the impacts on the people living in them generally ignored? How do surveillance (pervasive monitoring) and agnotology (culturally induced ignorance or doubt, particularly the publication of inaccurate or misleading scientific data) coincide as mutually reinforcing technologies of control and restraint? If technology makes the assumptions of its society manifest as instrumentality - then what ideology is being realized in the form of the digital computer? This final question animates the critical framework this analysis proposes. Digital capitalism is a dramatically new configuration of the historical dynamics of production, labor and consumption that results in a new variant of historical capitalism. This contemporary, globalized network of production and distribution depends on digital capitalism's refusal of established social restraints: existing laws are an impediment to the transcendent aspects of digital technology. Its utopian claims mask its authoritarian result: the superficial "objectivity" of computer systems are supposed to replace established protections with machinic function - the uniform imposition of whatever ideology informs the design. However, machines are never impartial: they reify the ideologies they are built to enact. The critical analysis of capitalist ideologies as they become digital is essential to challenging this process. Contesting their domination depends on theoretical analysis. This critique challenges received ideas about the relationship between labor, commodity production and value, in the process demonstrating how the historical Marxist analysis depends on assumptions that are no longer valid. This book therefore provides a unique, critical toolset for the analysis of digital capitalist hegemonics.


Global Political Economy

Global Political Economy

Author: Robert G. Gilpin

Publisher: Princeton University Press

Published: 2011-08-29

Total Pages: 436

ISBN-13: 140083127X

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This book is the eagerly awaited successor to Robert Gilpin's 1987 The Political Economy of International Relations, the classic statement of the field of international political economy that continues to command the attention of students, researchers, and policymakers. The world economy and political system have changed dramatically since the 1987 book was published. The end of the Cold War has unleashed new economic and political forces, and new regionalisms have emerged. Computing power is increasingly an impetus to the world economy, and technological developments have changed and are changing almost every aspect of contemporary economic affairs. Gilpin's Global Political Economy considers each of these developments. Reflecting a lifetime of scholarship, it offers a masterful survey of the approaches that have been used to understand international economic relations and the problems faced in the new economy. Gilpin focuses on the powerful economic, political, and technological forces that have transformed the world. He gives particular attention to economic globalization, its real and alleged implications for economic affairs, and the degree to which its nature, extent, and significance have been exaggerated and misunderstood. Moreover, he demonstrates that national policies and domestic economies remain the most critical determinants of economic affairs. The book also stresses the importance of economic regionalism, multinational corporations, and financial upheavals. Gilpin integrates economic and political analysis in his discussion of "global political economy." He employs the conventional theory of international trade, insights from the theory of industrial organization, and endogenous growth theory. In addition, ideas from political science, history, and other disciplines are employed to enrich understanding of the new international economic order. This wide-ranging book is destined to become a landmark in the field.


From Industry to Arms

From Industry to Arms

Author: Anthony Difilippo

Publisher: Praeger

Published: 1990-12-07

Total Pages: 232

ISBN-13:

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The importance of technology in our day to day lives is something that few people would deny. At home and in the office, in business and in politics, the effects of technology are pervasive. In this important new study, Anthony DiFilippo examines one specific aspect of this issue: the forces of political economy that direct the course of industrial technology. The book thoroughly analyzes the topic both empirically and comparatively and assesses the impact the political economy of technology has on the nation's standard of living, its quality of life, and its long-term prospects for economic and democratic advancement. In addition, DiFilippo concludes with a practical and rational alternative to confront many of the economic problems described. The book's primary thesis states that recent U.S. industrial policy, which has emphasized continuous advancement of military capabilities, has absorbed large amounts of capital and technical personnel. At the same time, foreign nations have improved their technological capacities through comprehensive, civilian-supported industrial policies. To improve U.S. competitiveness, manufacturing, productivity, and, ultimately, the standard of living, DiFilippo shows that technological resources must be shifted to the civilian sector. He examines a wide range of issues surrounding the topic, from the demise of the post-industrial economy and the conventional explanations for competitive decline to the resource drain of advanced warfare and the industrial policies of Japan, West Germany, and France. An extensive set of charts and tables support DiFilippo's argument and point out some of the serious economic problems the U.S. approach to high technology has caused. A bibliography of selected works is also provided. With its pertinence to current economic, political, and technological issues, From Industry to Arms will be a valuable resource for courses in government and business, political economy, policy analysis, and science and technology. Public and academic libraries will also find it to be an important and timely addition to their collections.


The Political Economy of Innovation

The Political Economy of Innovation

Author: W. Kingston

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 278

ISBN-13: 9400960719

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Innovation is the turning of ideas into concrete realities. To the extent that this process is an economic one, it must also be subject to political decisions, and these determine which ideas are to have resources made available for their in novation. This book attempts to trace the relationship between ideas, resources and politics. Chapter I deals with the way economic innovation depends both upon markets and upon interference with markets. Schumpeter taught us how market power is essential for innovation. This chapter stresses that the inverse is also true: Innovation can take place wherever there is market power. A most important corollary of this, is that failure to develop any particular type of market power, need not prevent innovation from happening. It will then take place under the protection of whatever market power there is, and it will be geographically located wherever that market power is effective. Chapter II identifies and seeks to fill a major gap in the literature on innova tion, by showing how important modern marketing has become for providing the conditions under which money may be rationally invested at high risk to get new things done. Marketing monopoly, or Persuasive market power, is now at least as important as the market power of Capability, or as the several types of Specific market power, in interference with market forces. It is therefore equally important for innovation.


How Nations Innovate

How Nations Innovate

Author: Jingjing Huo

Publisher: OUP Oxford

Published: 2015-08-20

Total Pages: 277

ISBN-13: 0191054712

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How Nations Innovate compares how affluent capitalist economies differ in their patterns of technological innovation. Building on the 'varieties of capitalism' literature, this book goes beyond the traditional focus on 'radical versus incremental innovation' in existing scholarship, and takes the comparison of capitalism to an entirely new set of questions around technological innovation. For example, which type of capitalism engages in job-threatening innovation? Whose innovation widens income inequality? Whose innovation raises productivity? Which type of capitalism has more effective financial markets for innovation? Whose innovators emphasize 'control' rather than 'flexibility' during innovation? By addressing these questions, the author demonstrates that the way nations innovate often has deep, and sometimes counter-intuitive, implications for how they compare in many areas of socio-economic performance. For example, although venture capital is most active in Anglo-Saxon economies, it seems that venture-capital performance in stimulating innovation is also poorest in precisely these countries. On the issue of employment, the author argues that, whilst technological innovation in Anglo-Saxon economies creates jobs, innovation in European economies destroys jobs. Nations also differ in the nature of income inequality driven by innovation. While innovation pushes top earners further ahead of median earners in Anglo-Saxon economies, it drags bottom earners further behind the median in European economies. Finally, varieties of capitalism also differ in their ability to cope with the volatilities of innovation. While Anglo-Saxon economies face a trade-off between low volatility and high innovation output, these two goals seem jointly achievable in European economies.