03932nam 22006495 450 991029854780332120200920032542.03-319-02183-410.1007/978-3-319-02183-6(CKB)3710000000025281(EBL)1466309(OCoLC)876508798(SSID)ssj0001049117(PQKBManifestationID)11668853(PQKBTitleCode)TC0001049117(PQKBWorkID)11018003(PQKB)11354965(MiAaPQ)EBC1466309(DE-He213)978-3-319-02183-6(PPN)176105611(EXLCZ)99371000000002528120131004d2014 u| 0engur|n|---|||||txtccrTheory of Innovation A New Paradigm of Growth /by Jati Sengupta1st ed. 2014.Cham :Springer International Publishing :Imprint: Springer,2014.1 online resource (161 p.)Description based upon print version of record.3-319-02182-6 Includes bibliographical references.Contents -- Theory of Innovation -- Innovation Models -- Schumpeterian Innovation -- Endogenous Innovation -- Innovation Diversity: Industry Applications -- Innovation Challenges -- Managing Innovation -- References.The current economic theory of innovation mainly analyses the technology factor and its impact on economic growth. In today's world, growth in information technology and knowledge of new ideas has altered the business paradigm dramatically. Modern economies have undergone a dynamic shift from material manufacturing to a new information technology model with research and development (R&D) and human capital. Through information and communications technology efficient information usage has achieved substantial productivity gains through learning by doing and incremental innovations. The present volume discusses this new paradigm in terms of both theory and industry applications, including Schumpeter in his innovation model and the emphasis on new innovations replacing the old. Growth of business networking and R&D consortium have dramatically helped the modern business to reduce their unit costs and improve efficiency. This volume presents some new models emphasizing knowledge sharing and R&D cooperation. Rapid growth in recent times in some south Asian countries have been cited as growth miracles are largely caused by knowledge spillover and learning by doing, and this volume also investigates the role of incremental innovations. With a strong focus and extension of the current theory of innovation and industry growth experiences of both the US and Asian countries, this book will be of interest to MBA and graduate students in economics, innovation management, and applied industrial economics.Economic developmentEconomic policyEconomicsEconomic Growthhttps://scigraph.springernature.com/ontologies/product-market-codes/W44000R & D/Technology Policyhttps://scigraph.springernature.com/ontologies/product-market-codes/W43000Economic Theory/Quantitative Economics/Mathematical Methodshttps://scigraph.springernature.com/ontologies/product-market-codes/W29000Economic development.Economic policy.Economics.Economic Growth.R & D/Technology Policy.Economic Theory/Quantitative Economics/Mathematical Methods.330330.1338.9338926Sengupta Jatiauthttp://id.loc.gov/vocabulary/relators/aut1065483BOOK9910298547803321Theory of Innovation2546082UNINA