Routledge Advanced Texts in Economics and Finance: Innovation and Technology : Business and Economics Approaches PDF, EPUB

9780415676793


0415676797
Innovation has revolutionized the world economy, yet it remains often misunderstood. This textbook seeks to elucidate the nature and impact of innovation for both undergraduate and graduate students. Innovation and Technology examines the impact of innovation on both economic theory and the real world. It addresses the topic at the level of policy and also drills down to provide analysis of firms. This book moves beyond the plethora of specialized studies on the subject and formulates a unified and comprehensive approach, encompassing the topic's huge breadth and scope. Issues such as innovation, knowledge, incentives, information and regulation are featured. Designed for MBA, Economics and Business students, this textbook will be useful to those interested in innovation, entrepreneurship and the economics of technology., Technology was long considered a side issue in economics, an unclassifiable element that would impinge upon growth and development, but seen as exogenous to the fundamental processes of supply and demand. Joseph Schumpeter did much to change this but even so, it is only in recent years that its workings have begun to be taken seriously. This book analyzes the Economics of Technology and its implications for both standard economic theory and the real world itself, down to the level of firms, with consequent strong appeal to the disciplines of both Economics and Business and with major implications for policy. The work moves beyond the plethora of specialized studies on the subject and formulates a unified and comprehensive approach, fully aware of the topic "s huge breadth and scope. Issues such as innovation, knowledge, incentives, information and regulation are naturally much to the fore.

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