Introduction

2020 ◽  
pp. 1-30
Author(s):  
B. Zorina Khan

Knowledge and ideas, incentives, and institutions are central for understanding technological change and long-term economic growth. This book bridges the current disconnect between the economics of technological change and the analysis of institutions. The discussion draws on detailed information about the experience of over one hundred thousand ingenious men and women in Britain, France, and the United States, whose inventions helped to create the modern knowledge economy. These results overturn longstanding myths of invention about elites, innovation prizes, and “entrepreneurial states,” and instead highlight the pivotal role of property rights and markets in ideas in explaining technological progress and the wealth of nations.

1994 ◽  
Vol 33 (4I) ◽  
pp. 327-356 ◽  
Author(s):  
Richard G. Lipsey

I am honoured to be invited to give this lecture before so distinguished an audience of development economists. For the last 21/2 years I have been director of a project financed by the Canadian Institute for Advanced Research and composed of a group of scholars from Canada, the United States, and Israel.I Our brief is to study the determinants of long term economic growth. Although our primary focus is on advanced industrial countries such as my own, some of us have come to the conclusion that there is more common ground between developed and developing countries than we might have first thought. I am, however, no expert on development economics so I must let you decide how much of what I say is applicable to economies such as your own. Today, I will discuss some of the grand themes that have arisen in my studies with our group. In the short time available, I can only allude to how these themes are rooted in our more detailed studies. In doing this, I must hasten to add that I speak for myself alone; our group has no corporate view other than the sum of our individual, and very individualistic, views.


Public Voices ◽  
2017 ◽  
Vol 9 (2) ◽  
pp. 9
Author(s):  
John C. Morris

The role of the policy entrepreneur in the policy process forms an integral part of our understanding of the formulation and implementation of policy in the United States. For all its theoretical importance, however, little work has been done to develop or test the propositions of entrepreneurship offered by Kingdon (1984). By examining the life of Ansel Adams (1902-1984), this paper explores more fully the concept of policy entrepreneurship and seeks to develop a more robust concept that accounts for the long-term, diffuse series of activities that precede Kingdon’s “stream coupling” in the policy process. The analysis suggests that such an approach offers some promise for capturing a broader spectrum of policy activity.


Author(s):  
Alasdair Roberts

This chapter assesses the role of planning in the design of governance strategies. Enthusiasm for large-scale planning—also known as overall, comprehensive, long-term, economic, or social planning—boomed and collapsed in twentieth century. At the start of that century, progressive reformers seized on planning as the remedy for the United States' social and economic woes. By the end of the twentieth century, enthusiasm for large-scale planning had collapsed. Plans could be made, but they were unlikely to be obeyed, and even if they were obeyed, they were unlikely to work as predicted. The chapter then explains that leaders should make plans while being realistic about the limits of planning. It is necessary to exercise foresight, set priorities, and design policies that seem likely to accomplish those priorities. Simply by doing this, leaders encourage coordination among individuals and businesses, through conversation about goals and tactics. Neither is imperfect knowledge a total barrier to planning. There is no “law” of unintended consequences: it is not inevitable that government actions will produce entirely unexpected results. The more appropriate stance is modesty about what is known and what can be achieved. Plans that launch big schemes on brittle assumptions are more likely to fail. Plans that proceed more tentatively, that allow room for testing, learning, and adjustment, are less likely to collapse in the face of unexpected results.


Author(s):  
Paul Alexander ◽  
Janice M. Burn

Over the last decade, organisations have been forced to re-examine the role of ICT as a support tool and accept that it has become a major driver for business change (Ash & Burn, 2003, pp. 297-308.). Indeed, new business opportunities have arisen solely based on e-business: e-fulfilment is one such example (Alexander & Burn, 2004, p.1). These services were estimated to be worth US$1,006 Trillion in the United States alone, or 10.1% of their GDP in 2000 (Rogers, 2002). Furthermore, 21% of all logistics transactions are expected to be online by 2005, with the long-term possibility that traditional freight companies will ultimately cease to exist (Homs, Meringer, & Rehkopf, 2001). This article explores the concepts which are encompassed in the term e-fulfilment, and presents a model of e-fulfilment activities. This model is then validated through the analysis of e-fulfilment capabilities of 48 UK based e-fulfilment companies. The findings from this analysis lead to an extension of the model and suggest a long term transformation model for the industry as a whole.


PEDIATRICS ◽  
1963 ◽  
Vol 31 (2) ◽  
pp. 193-196
Author(s):  
ALEX J. STEIGMAN

THE SPECIAL ARTICLE by Stewart and Pennell, "Pediatric Manpower in the United States and Its Implications," is interesting and timely. It will be viewed differently by various readers, by some as seen from their personal perch, by others in terms of the broad reaches past and present of pediatrics as a discipline. The purposes of the Special Article are to highlight the manpower situation and to point out long-term trends and implications in the light of the growing responsibility of pediatrics. The authors say that one requires a "delineation of the role of the specialty of pediatrics in child health care," and "while this role may be shared by other types of physicians, the responsibility for the development, maintenance, and improvement of child health services was clearly assumed by pediatrics when, as a specialty, it adopted as its objectives the protection and promotion of the health of children."


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