Innovation and Economic Crisis

Innovation and Economic Crisis
Author: Daniele Archibugi
Publisher: Routledge
Total Pages: 196
Release: 2013-03-01
Genre: Business & Economics
ISBN: 1136641165

The recent financial and economic crisis has spurred a lot of interest among scholars and public audience. Strangely enough, the impact of the crisis on innovation has been largely underestimated. This books can be regarded as a complementary reading for those interested in the effect of the crisis with a particular focus on Europe.

Automation, Innovation and Economic Crisis

Automation, Innovation and Economic Crisis
Author: Jon-Arild Johannessen
Publisher: Routledge
Total Pages: 197
Release: 2018-05-15
Genre: Business & Economics
ISBN: 1351039849

The fourth industrial revolution is developing globally, with no geographical centre. It is also taking place at enormous speed. This development will shape the workplaces of the future, which will be entirely different from the workplaces created by the first, second and third industrial revolutions. Industry created the industrial worker. The knowledge society will create a new type of "industrial worker", the knowledge worker. While the third industrial revolution was concerned with the digitalization of work, in the fourth industrial revolution, robots will bring about the informatization of work. Many of these robots will be systematically connected, such that they can obtain updated information and learn from their own and others’ mistakes. The way we work, where we work, what we work on, and our relationships with our colleagues and employers are all in a state of change. The workplace of the future will not necessarily be a fixed geographical location, but may be geographically distributed and functionally divided. In his book, Jon-Arild Johannessen argues that a "perfect" social storm occurs when inequality grows at a catastrophic rate, unemployment increases, job security is threatened for a growing number and robotization takes over even the most underpaid jobs. Thus, the ingredients for a perfect social storm will be brought forward by cascades of innovations that will most likely lead to economic and social crises and he argues that it is reasonable to assume that it will only take a small spark for this social storm to develop into a social revolution.

Financial Innovation

Financial Innovation
Author: Michael Haliassos
Publisher: MIT Press
Total Pages: 275
Release: 2013
Genre: Business & Economics
ISBN: 0262018292

Prominent economists consider the role of financial innovation in economic crises.

Innovation and the Productivity Crisis

Innovation and the Productivity Crisis
Author: Martin Neil Baily
Publisher: Brookings Institution Press
Total Pages: 144
Release: 2011-12-01
Genre: Business & Economics
ISBN: 081571632X

The collapse of U.S. productivity growth since the late 1960s has been the most severe and persistent of recent economic problems. This volume reviews the extent of the growth slowdown, evaluates several contributing factors, and suggests strategies for improvement. The authors find that inflation, recessions, oil price fluctuations, and other economic disruptions in the 1970s had an averse effect on economic performance, but, they suggest, a slowing in the pace of innovation and a failure to exploit the benefits of innovation also contributed to the weakness in productivity. Baily and Chakrabarti provide a comprehensive assessment of U.S. technology policy and its importance to growth. They argue for continued support of basic science, even though strength in this area does not give the U.S. economy an immediate competitive advantage, and advocate increased support for "middle ground" and commercial research. They conclude that this support must be structured to preserve the advantages of the market.

Innovation Strategies for a Global Economy

Innovation Strategies for a Global Economy
Author: Fred Gault
Publisher: IDRC
Total Pages: 233
Release: 2010
Genre: Business & Economics
ISBN: 1849800367

Provides an agenda for future work on activities to improve understanding of innovation strategies in the medium and short term.

Crisis and Innovation in Asian Technology

Crisis and Innovation in Asian Technology
Author: William Walton Keller
Publisher: Cambridge University Press
Total Pages: 268
Release: 2003-02-03
Genre: Political Science
ISBN: 9780521524094

In mid-May 1997, a financial crisis erupted in Asia after an attack by private investors on the baht, the Thai currency. The crisis spread quickly across the region, where investor confidence plummeted, resulting in massive capital outflows, stock market collapses, high unemployment, and even insurrection. The Asian economic miracle that had stimulated so much awe and even dread, now invoked pity and apprehension in greater measure. The contributors to this volume investigated change in the innovation and production systems of Asian states in response to economic and political upheaval. They conducted empirical studies of several regional industries - autos, semiconductors, and hard disk drives - and seven different national economies: China, Malaysia, Japan, Singapore, South Korea, Thailand, and Taiwan. In the face of crisis and global competition, the Asian states superimposed change at the margins, seeking unique technohybrid solutions to build capabilities to compete in local, regional, and even global markets.

Doing Capitalism in the Innovation Economy

Doing Capitalism in the Innovation Economy
Author: William H. Janeway
Publisher: Cambridge University Press
Total Pages: 345
Release: 2012-10-08
Genre: Business & Economics
ISBN: 1107031257

A unique insight into the interaction between the state, financiers and entrepreneurs in the modern innovation economy.

State of Innovation

State of Innovation
Author: Fred L. Block
Publisher: Routledge
Total Pages: 418
Release: 2015-11-17
Genre: Political Science
ISBN: 1317251423

The worst economic crisis since the Great Depression has generated a fundamental re-evaluation of the free-market policies that have dominated American politics for three decades. State of Innovation brings together critical essays looking at the 'innovation industry' in the context of the current crisis. The book shows how government programs and policies have underpinned technological innovation in the US economy over the last four decades, despite the strength of 'free market' political rhetoric. The contributors provide new insights into where innovations come from and how governments can support a dynamic innovation economy as the US recovers from a profound economic crisis. State of Innovation outlines a 21st century policy paradigm that will foster cutting-edge innovation which remains accountable to the public.