Suseno, Y & Standing, C 2018, ‘The Systems Perspective of National Innovation Ecosystems’, Systems Research & Behavioral Science, vol. 35, no. 3, pp. 282–307, viewed 29 January 2024, <https://search.ebscohost.com/login.aspx?direct=true&AuthType=ip,shib&db=bsu&AN=130104682&authtype=shib&site=ehost-live>. National Innovation Agenda Impact of National Innovation Agenda: The paper highlights the significant benefits of a national innovation agenda, including increased start-up activities, better employment opportunities, …
Month: January 2024
Article summary – Webster, “Does Australia Have a ‘National Innovation System?”
Webster, Elizabeth. “Does Australia Have a ‘National Innovation System’?” Australian economic review 42.1 (2009): 84–87. Web. Importance of Innovation: Innovation is essential for increasing productivity, which is achieved through skill enhancement or the discovery and application of knowledge. However, there's a market failure in knowledge creation because its benefits (social benefits) often exceed the private …
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Article summary – Introduction by Lundvall to National Systems of Innovation
Lundvall B-åke. Introduction. In: Lundvall B-Å, ed. National Systems of Innovation: Toward a Theory of Innovation and Interactive Learning. Anthem Press; 2010:1-20. doi:10.7135/UPO9781843318903.002 Definition of National Systems of Innovation (NSI): NSI involves elements and relationships that interact in the creation, diffusion, and use of new, economically useful knowledge within or rooted in a nation state. …
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Article summary – “Systems of innovation” by Edquist
Edquist, Charles, ' Systems of Innovation: Perspectives and Challenges', in Jan Fagerberg, and David C. Mowery (eds), The Oxford Handbook of Innovation (2006; online edn, Oxford Academic, 2 Sept. 2009), https://doi.org/10.1093/oxfordhb/9780199286805.003.0007, accessed 16 Jan. 2024. Origins and Definitions of National Systems of Innovation (NSI): The term NSI was first used by Freeman in 1987 to describe a network of public and private institutions …
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Book Review – Mustafa Suleyman’s The Coming Wave
Technological Revolution: The book posits that we are at the beginning of a technological revolution driven by artificial intelligence and genetic engineering. AI Integration: AI systems are becoming increasingly integrated into our lives, from personal assistants like Alexa to more complex applications like autonomous driving and data analysis. Potential for Both Good and Bad: These …
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Article summary – Ács, Autio & Szerb, “National Systems of Entrepreneurship: Measurement Issues and Policy Implications”
Ács, Zoltán J., Autio, Erkko, & Szerb, László. (2014). National Systems of Entrepreneurship: Measurement Issues and Policy Implications. Research Policy, 43(3), 476-494. Entrepreneurship's Role in Economic Development: Entrepreneurs are vital for economic development, introducing change and challenging established industries. Economic benefits of entrepreneurship include innovation, job creation, productivity, technology transfer, and knowledge spillovers. There is …
Article summary – Richard Nelson’s “What Enables Rapid Economic Progress: What Are the Needed Institutions?”
Nelson, Richard R. (2008). What Enables Rapid Economic Progress: What Are the Needed Institutions? Research Policy, 37(1), 1-11. Introduction Central Thesis: The article explores the vital role of institutions in economic growth, especially in relation to technological progress. Background: Critiques prior economic growth literature for its narrow focus on institutional efficiency, neglecting the critical aspect …
Article summary – Wynn, Liu & Cohen “Quantifying the Economy‐wide Returns to Innovation for Australia”
Wynn, Katherine, Mingji Liu, and Jasmine Cohen. “Quantifying the Economy‐wide Returns to Innovation for Australia.” Australian economic papers 61.3 (2022): 591–614. Web. R&D Expenditure in Australia: Australia's R&D expenditure as a share of GDP is lower than the OECD average and has been declining over the past decade. This is significant given that a quarter …
Article Summary – Lewis & Mikolajczak “Policy innovation in Australia: Divergence in definitions, problems, and solutions”
Lewis, J. M., & Mikolajczak, G. (2023). Policy on innovation in Australia: Divergence in definitions, problems, and solutions. Australian Journal of Public Administration, 82, 26–45. https://doi.org/10.1111/1467-8500.12575 Historical Context: Innovation has long been associated with the private sector, but the role of governments, including in Australia, has evolved to become more central in fostering innovation. Changing …
Book summary – How to Avoid a Climate Disaster by Bill Gates
Gates, Bill. "How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need." Knopf, 2021. Achieving Zero Greenhouse Gas Emissions by 2050: Bill Gates advocates for urgent global action to eliminate emissions. A critical goal to avert severe climate change consequences. Requires significant changes across diverse sectors. Key Areas Contributing to …
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RICHARD WILSON 