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 …
Tag: business
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 …
Chapter summary – “Concepts for Measuring Innovation” in the OECD Handbook of Measuring Innovation (“Oslo Manual”)
OECD/Eurostat (2018), Oslo Manual 2018: Guidelines for Collecting, Reporting and Using Data on Innovation, 4th Edition, The Measurement of Scientific, Technological and Innovation Activities, OECD Publishing, Paris/Eurostat, Luxembourg, https://doi.org/10.1787/9789264304604-en. 1. Explanation of Innovation Theories Diffusion Theory (Rogers, 1962): This theory, developed by Everett Rogers, focuses on how innovations are spread within a social system. Rogers proposed that adoption …
Chapter summary – “Measuring innovation” by Keith Smith in the Oxford Handbook of Innovation
Smith, K. (2009). Measuring Innovation. In J. Fagerberg, D. C. Mowery, & R. R. Nelson (Eds.), The Oxford Handbook of Innovation (pp. 148-178). Oxford University Press. https://doi.org/10.1093/oxfordhb/9780199286805.003.0006 Challenge of Measuring Innovation: The paper emphasizes the inherent difficulty in quantifying innovation due to its novel nature. It notes that "Measurement implies commensurability," yet innovation, by its …
Chapter summary: “Introduction to the Handbook” in Handbook of the Economics of Innovation by Hall and Rosenberg
Hall, B. H., & Rosenberg, N. (2010). Introduction to the Handbook. In Handbook of the Economics of Innovation (Vol. 1, pp. 1-9). Elsevier. DOI: 10.1016/S0169-7218(10)01001-4. Dynamic Nature of the Innovation Process: The innovative process is inherently dynamic, building on past knowledge, inventions, and innovations. This cumulative and evolving nature of innovation is a key theme, …
RICHARD WILSON 