Inclusive Innovation Policy

2019 ◽  
pp. 203-220
Author(s):  
Jason Potts
Keyword(s):  
Social Welfare ◽  
Public Choice ◽  
Social Contract ◽  
Innovation Policy ◽  
Theoretical Perspective ◽  
Institutional Approach ◽  
Inclusive Innovation ◽  
Long Run ◽  
New Ideas

Chapter 9 draws out a particular formulation of the institutional approach to policy that is based around permissionless innovation and the work of Calestous Juma. It distinguishes between two types of innovation policy from the perspective of government: (1) being supportive of “friends of innovation,” or (2) being against “enemies of innovation.” It argues from a public choice theoretical perspective that modern innovation policy is usually configured as (1), i.e., supporting investment in innovation, but it would actually be better if it were (2), namely configured so as to seek to oppose those who seek to stifle new ideas in order to protect their existing investments and economic rents. The chapter proposes inclusive innovation as a new social contract for innovation. I argue that this is a long run social welfare maximizing policy approach, but implies that the role of policy is largely to facilitate social Coasean bargaining in order to compensate the losers.

scholarly journals The Global Diffusion of Ideas

Econometrica ◽  
2020 ◽  
Vol 88 (1) ◽  
pp. 83-114 ◽  
Author(s):  
Francisco J. Buera ◽  
Ezra Oberfield
Keyword(s):  
Bilateral Trade ◽  
Scale Parameters ◽  
Long Run ◽  
Innovation And Technology ◽  
New Ideas ◽  
Asymmetric Countries ◽  
Innovation And Diffusion ◽  
Post War ◽  
And Diffusion

We provide a tractable, quantitatively‐oriented theory of innovation and technology diffusion to explore the role of international trade in the process of development. We model innovation and diffusion as a process involving the combination of new ideas with insights from other industries or countries. We provide conditions under which each country's equilibrium frontier of knowledge converges to a Fréchet distribution, and derive a system of differential equations describing the evolution of the scale parameters of these distributions, that is, countries' stocks of knowledge. The model remains tractable with many asymmetric countries and generates a rich set of predictions about how the level and composition of trade affect countries' frontiers of knowledge. We use the framework to quantify the contribution of bilateral trade costs to long‐run changes in TFP and individual post‐war growth miracles. For our preferred calibration, we find that both gains from trade and the fraction of variation of TFP growth accounted for by changes in trade more than double relative to a model without diffusion.

scholarly journals INFORMATION AND COMMUNICATION TECHNOLOGY ADOPTION AND ITS INFLUENCING FACTORS: A STUDY OF INDIAN SMEs

2019 ◽  
Vol 7 (5) ◽  
pp. 1238-1253
Author(s):  
Arif Anjum
Keyword(s):  
Innovation Policy ◽  
Significant Variable ◽  
Small Enterprises ◽  
Exploratory Research ◽  
Management Support ◽  
Intervention Measures ◽  
Ict Adoption ◽  
Information And Communication ◽  
New Ideas

Purpose: The current study intends to estimate empirically the factors, which more likely influence the ICT adoption by Indian SMEs. Methodology: Exploratory research has been applied and the current study uses a logistic regression model to estimate the data. The Database was selected as a DV to estimate the model. Main Findings: The summary result of all the five models show that there is one significant variable that explains the ICT adoption among SMEs, i.e. complexity. This shows that the adoption of the innovative process is complex for small enterprises since these innovative processes are beyond the scope of these enterprises. The other independent variables are also significant except Trialability, Observability, Owner IS, Employee IS, Management Support, Image, etc.  Implications / Applications: The role of SMEs has become more crucial in developing nations because they have the ability to significantly improving income distribution, creation of employment, poverty eradication, as well as export growth. Technology up-gradation is the most significant factor in capacity building for enhancing competitiveness in SMEs. The main aim of innovation policy is to promote new ideas, such as products, processes, and organization techniques. Novelty/Originality of this study: Numerous factors like social, economic, political, human and other factors that influence ICT adoption have been examined in previous literature. In addition to this, there are some other factors like technological, organizational and environmental also impact ICT adoption. In this aspect, none of the studies in previous was well-studied in Indian SMEs context. Therefore the present paper bridged this gap by examining the factors, which more likely influence the ICT adoption by Indian SMEs. Understanding this importance would enable suitable policy reviews and intervention measures that help ICT adoption.

scholarly journals Education as social policy: An introduction

2017 ◽  
Vol 27 (4) ◽  
pp. 313-319 ◽  
Author(s):  
Valentina Di Stasio ◽  
Heike Solga
Keyword(s):  
Social Policy ◽  
Social Stratification ◽  
Theoretical Perspective ◽  
Welfare States ◽  
Life Course Perspective ◽  
Special Issue ◽  
Social Risks ◽  
Multi Stage ◽  
Long Run

This Special Issue considers education as a social policy in its own right, from a life-course perspective and in relation to other policy areas. It recognizes the complexity of education systems and their multi-stage architecture. The volume broadens our understanding of the role of ‘education as social policy’ by addressing four different aspects: the importance of education providers, education as a means of social stratification, education as an interconnected regime component and public opinion on education as an important foundation of welfare state policies and a prerequisite for their sustainability in the long run. From a theoretical perspective, all authors critically engage with the social investment state approach that sees in education and training investment the lynchpin of a pre-distribution agenda protecting individuals from the new social risks of a competitive, knowledge-driven economy. The examples provided in this Special Issue expose the multifaceted role of education as social policy, drawing attention to both its formative and stratifying function across a number of European welfare states.

The role of nursing in the rehabilitation of acute stroke patients: Toward a unified theoretical perspective

Pflege ◽  
1999 ◽  
Vol 12 (1) ◽  
pp. 21-27
Author(s):  
Marit Kirkevold
Keyword(s):  
Acute Stroke ◽  
Theoretical Perspective ◽  
Stroke Patients ◽  
Role Of Nursing ◽  
Rolle Der Pflegenden

Eine Übersicht der bestehenden Literatur weist auf Unsicherheiten bezüglich der spezifischen Rolle der Pflegenden in der Rehabilitation von Hirnschlagpatientinnen und -patienten hin. Es existieren zwei unterschiedliche Begrifflichkeiten für die Rolle der Pflegenden, keine davon bezieht sich auf spezifische Rehabilitationsziele oder Patientenergebnisse. Ein anfänglicher theoretischer Beitrag der Rolle der Pflege in der Genesung vom Hirnschlag wird als Struktur unterbreitet, um die therapeutischen Aspekte der Pflege im Koordinieren, Erhalten und Üben zu vereinen. Bestehende Literatur untermauert diesen Beitrag. Weitere Forschung ist jedoch notwendig, um den spezifischen Inhalt und Fokus der Pflege in der Genesung bei Hirnschlag zu entwickeln.

The Problem of Identifying and Modeling the Relationship between Monetary Factor and Inflation in the Russian Economy

2008 ◽  
pp. 61-76
Author(s):  
A. Porshakov ◽  
A. Ponomarenko
Keyword(s):  
Money Supply ◽  
Money Demand ◽  
Russian Economy ◽  
Long Run ◽  
Complex Approach ◽  
Wide Range ◽  
Long Time ◽  
The Relationship ◽  
Supply Side Factors

The role of monetary factor in generating inflationary processes in Russia has stimulated various debates in social and scientific circles for a relatively long time. The authors show that identification of the specificity of relationship between money and inflation requires a complex approach based on statistical modeling and involving a wide range of indicators relevant for the price changes in the economy. As a result a model of inflation for Russia implying the decomposition of inflation dynamics into demand-side and supply-side factors is suggested. The main conclusion drawn is that during the recent years the volume of inflationary pressures in the Russian economy has been determined by the deviation of money supply from money demand, rather than by money supply alone. At the same time, monetary factor has a long-run spread over time impact on inflation.

The Role of Technological Change in the Long-run Global Economy Forecasting

2013 ◽  
pp. 97-116 ◽  
Author(s):  
A. Apokin
Keyword(s):  
Technological Change ◽  
Data Quality ◽  
Long Range ◽  
Global Economy ◽  
World Economy ◽  
Qualitative Approaches ◽  
Long Run ◽  
The World ◽  
National Economies

The author compares several quantitative and qualitative approaches to forecasting to find appropriate methods to incorporate technological change in long-range forecasts of the world economy. A?number of long-run forecasts (with horizons over 10 years) for the world economy and national economies is reviewed to outline advantages and drawbacks for different ways to account for technological change. Various approaches based on their sensitivity to data quality and robustness to model misspecifications are compared and recommendations are offered on the choice of appropriate technique in long-run forecasts of the world economy in the presence of technological change.

An Analytical Exposition of the Social Welfare Role of Wealth in Islam

2015 ◽  
Author(s):  
Ahmad Bello Dogarawa ◽  
Suleiman Muhammad Hussain
Keyword(s):  
Social Welfare ◽  
The Social

Democratization in Serbia: An Analysis of Rational Choice and Structuralist Explanations

2015 ◽  
Author(s):  
Dunja Apostolov-Dimitrijevic
Keyword(s):  
Rational Choice ◽  
Path Dependence ◽  
Theoretical Perspective ◽  
Political Leadership ◽  
Decisive Role ◽  
The Other ◽  
Internal Factors ◽  
Transitional Societies ◽  
The Face

This paper explains political democratization in Post-Milosevic Serbia, utilizing two different accounts of the democratization process: one rooted in the rational choice framework and the other in structuralism. While rational choice explains the decisive role of political leadership in overcoming path dependence, the structuralist explanations show the transnational linkages that encourage democratization in the face of domestic setbacks. This particular debate between the two types of explanations represents the larger debate concerning the role of internal factors and external linkages in propelling democratization in transitional societies. The paper concludes by integrating the two sets of explanations offered by each theoretical perspective, in order to develop a coherent understanding of Serbia's democratization.   Full text available at: https://doi.org/10.22215/rera.v9i1.240

An Experimental Investigation of Auditors' Liability: Implications for Social Welfare and Exploration of Deviations from Theoretical Predictions

2000 ◽  
Vol 75 (4) ◽  
pp. 429-451 ◽  
Author(s):  
Ronald R. King ◽  
Rachel Schwartz
Keyword(s):  
Experimental Investigation ◽  
Social Welfare ◽  
Strict Liability ◽  
Liability Rule ◽  
Optimal Response ◽  
Legal Regimes ◽  
Theoretical Predictions ◽  
Best Responses

This paper reports the results of an experiment designed to investigate how legal regimes affect social welfare. We investigate four legal regimes, each consisting of a liability rule (strict or negligence) and a damage measure (out-of-pocket or independent-of-investment). The results of the experiment are for the most part consistent with the qualitative predictions of Schwartz's (1997) model; however, subjects' actual choices deviate from the point predictions of the model. We explore whether these deviations arise because: (1) subjects form faulty anticipations of their counterparts' actions and/or (2) subjects do not choose the optimal responses given their anticipations. We find that subjects behave differently under the four regimes in terms of anticipation errors and departures from best responses. For example, subjects playing the role of auditors anticipate investments most accurately under the regime with strict liability combined with out-of-pocket damages, but are least likely to choose the optimal response given their anticipations. This finding implies that noneconomic factors likely play a role in determining subjects' choices.

Sign in / Sign up

Export Citation Format

Share Document