The Two Sides Of Innovation

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    The Two Sides of Innovation
    Creation and Destruction in the Evolution of Capitalist Economies
    By: Guido Buenstorf
    Publisher:
    Springer
    Print ISBN: 9783319014951, 3319014951
    eText ISBN: 9783319014968, 331901496X
    Copyright year: 2013
    Format: EPUB
    Available from $ 139.00 USD
    SKU 9783319014968
    This volume is devoted to innovation with a special focus on its two sides, namely creation and destruction, and on its role in the evolution of capitalist economies. The first part of the book looks at innovation and its effects on economic performance, addressing issues of motives, behavioral rules under uncertainty, actor properties, and technology characteristics. The second part concentrates on potential consequences of innovative activities, in particular structural change, the “innovation-mediated” effect of skill-oriented policies on regional performance, the destructive effects of innovation activities, and the question whether novelty is always good. The role of innovation in the evolution of capitalism itself is discussed in the third part.
     

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