This book focuses on knowledge-based economies and attempts to analyze dynamic innovation driven processes within those economies.
It shows that evolutionary economics, and in particular the strand of applied industry and innovation studies often called Neo-Schumpeterian economics, has left the nursery of new academic approaches and is able to offer important insights for the understanding of socio-economic processes of change and development having a strong impact on economic reality all over the world. The contributions are summarized under four major sections - knowledge and cognition, studies of knowledge-based industries, the geographical dimension of knowledge-based economies and measuring and modelling for knowledge-based economies - and give a broad overview of the prolific research being undertaken in applied evolutionary economics.
Students will find this book an invaluable resource for future research, as will researchers seeking an introduction to new methods and perspectives of analysis.
Edited by Andreas Pyka, Professor and Chair in Innovation Economics, University of Hohenheim, Germany and Horst Hanusch, formerly Professor and Chair in Economics, Economic Department, University of Augsburg, Germany
Contents: Preface 1. Introduction Andreas Pyka and Horst Hanusch Part I: Knowledge and Cognition 2. Conjectures, Constructs and Conflicts: A Framework for Understanding Imagineering Arnold Wentzel 3. Learning from Disaster Robin Cowan, Emmanuelle Fauchart, Dominique Foray and Philip Gunby Part II: Studies of Knowledge-Based Industries 4. The Value of Knowledge Integration in Biotechnology Lionel Nesta 5. The Anchor Tenant Hypothesis Revisited: Computer Software Clusters in North America Norhene Chabchoub and Jorge Niosi 6. Industry Dynamics in the German Insurance Market Michael Menhart, Andreas Pyka, Bernd Ebersberger and Horst Hanusch Part III: The Geographical Dimension of Knowledge-Based Economies 7. A Process Model of Locational Change in Entrepreneurial Firms: An Evolutionary Perspective Erik Stam 8. The Diffusion of the Steam Engine in Eighteenth-Century Britain Alessandro Nuvolari, Bart Verspagen and Nick von Tunzelmann 9. Knowledge Diffusion with Complex Cognition Piergiuseppe Morone and Richard Taylor Part IV: Measuring and Modelling for Knowledge-Based Economies 10. A Non-Parametric Method to Identify Nonlinearities in Global Productivity Catch-up Performance Bart Los 11. Self-Reinforcing Dynamics and the Evolution of Business Firms Giulio Bottazzi and Angelo Secchi Index