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Routledge Economics of an Innovation System - Academic Book

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£145.00 £112.96 £119.95 £126.94 £133.93 £140.92 £147.91 24 May 2024 30 October 2024 08 April 2025 15 September 2025 22 February 2026

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Description

Explore the complex dynamics of innovation through a new lens. Economics of an Innovation System: Inside and Outside the Black Box offers a unique approach to understanding how innovation functions within a broader economic framework. Unlike previous literature that focuses on either the internal or external aspects of innovation systems, this book provides a comprehensive analysis using a general equilibrium framework. Readers will gain access to models of path-dependent endogenous growth and an examination of the black box from an intersectoral perspective. The text also introduces an innovation flow matrix to help clarify these economic processes. By accounting for business cycles and endogenous innovation, this Routledge publication provides a deep look at how these elements interact within the economy. This is an essential resource for students and professionals studying the theory and philosophy of economics.

Key Features

Provides a comprehensive analysis using a general equilibrium framework to examine both the inside and outside of the innovation black box.

Includes detailed models of path-dependent endogenous growth to explain long-term economic development.

Examines the dynamics of the black box through an intersectoral perspective of the economy.

Introduces an innovation flow matrix to help visualize and understand economic processes.

Integrates the study of business cycles and endogenous innovation within the economic framework.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
05 March 2019
Listed Since
28 November 2018

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