Economics of an innovation system: inside and outside the black box

Existing literature looks at national innovation systems from the perspective of either "inside the black box" or "outside the black box". This is the first book that analyzes both the inside and outside of the black box using a general equilibrium framework. The book looks at wh...

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Bibliographische Detailangaben
1. Verfasser: Harada, Tsutomu (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: London Routledge 2019
Schriftenreihe:Routledge studies in the economics of innovation
Routledge studies in the economics of innovation
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Zusammenfassung:Existing literature looks at national innovation systems from the perspective of either "inside the black box" or "outside the black box". This is the first book that analyzes both the inside and outside of the black box using a general equilibrium framework. The book looks at what is outside the black box and provides models of path-dependent endogenous growth; examines the dynamics of the black box from the intersectoral perspective of the economy; and proposes an innovation flow matrix. It also takes into account both business cycles and endogenous innovation in the unified New Keynesian dynamic stochastic general equilibrium (DSGE) model and examines how business cycles and other policy shocks affect endogenous innovation. The unified treatment of the national innovation system from perspectives both inside and outside the black box using rigorous economic models and empirical analyses makes this an enlightening work, shedding new light on innovation economics
Beschreibung:1 online resource illustrations
ISBN:9780429425448
0429425449
9780429758010
0429758014
9780429758003
0429758006
9780429758027
0429758022

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