The Political Economy of Innovation:
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 be...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Dordrecht
Springer Netherlands
1984
|
| Ausgabe: | 1st ed. 1984 |
| Schriftenreihe: | Studies in Industrial Organization
4 |
| Schlagworte: | |
| Online-Zugang: | DE-634 Volltext |
| Zusammenfassung: | 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 |
| Beschreibung: | 1 Online-Ressource (272 p) |
| ISBN: | 9789400960718 |
| DOI: | 10.1007/978-94-009-6071-8 |
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| 520 | |a 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 | ||
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| edition | 1st ed. 1984 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T15:15:38Z |
| indexdate | 2024-11-27T11:07:14Z |
| institution | BVB |
| isbn | 9789400960718 |
| language | English |
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| spelling | Kingston, W. Verfasser aut The Political Economy of Innovation by W. Kingston 1st ed. 1984 Dordrecht Springer Netherlands 1984 1 Online-Ressource (272 p) txt rdacontent c rdamedia cr rdacarrier Studies in Industrial Organization 4 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 Industrial Organization Industrial organization Wirtschaftspolitik (DE-588)4066493-4 gnd rswk-swf Innovation (DE-588)4027089-0 gnd rswk-swf Politische Ökonomie (DE-588)4115586-5 gnd rswk-swf Innovation (DE-588)4027089-0 s Politische Ökonomie (DE-588)4115586-5 s DE-604 Wirtschaftspolitik (DE-588)4066493-4 s Erscheint auch als Druck-Ausgabe 9789400960732 Erscheint auch als Druck-Ausgabe 9789024726219 Erscheint auch als Druck-Ausgabe 9789400960725 https://doi.org/10.1007/978-94-009-6071-8 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Kingston, W. The Political Economy of Innovation Industrial Organization Industrial organization Wirtschaftspolitik (DE-588)4066493-4 gnd Innovation (DE-588)4027089-0 gnd Politische Ökonomie (DE-588)4115586-5 gnd |
| subject_GND | (DE-588)4066493-4 (DE-588)4027089-0 (DE-588)4115586-5 |
| title | The Political Economy of Innovation |
| title_auth | The Political Economy of Innovation |
| title_exact_search | The Political Economy of Innovation |
| title_exact_search_txtP | The Political Economy of Innovation |
| title_full | The Political Economy of Innovation by W. Kingston |
| title_fullStr | The Political Economy of Innovation by W. Kingston |
| title_full_unstemmed | The Political Economy of Innovation by W. Kingston |
| title_short | The Political Economy of Innovation |
| title_sort | the political economy of innovation |
| topic | Industrial Organization Industrial organization Wirtschaftspolitik (DE-588)4066493-4 gnd Innovation (DE-588)4027089-0 gnd Politische Ökonomie (DE-588)4115586-5 gnd |
| topic_facet | Industrial Organization Industrial organization Wirtschaftspolitik Innovation Politische Ökonomie |
| url | https://doi.org/10.1007/978-94-009-6071-8 |
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