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The Political Economy of Innovation Development: Breaking the Vicious Cycle of Economic Theory de Iurii Bazhal

The Political Economy of Innovation Development: Breaking the Vicious Cycle of Economic Theory

Autor Iurii Bazhal
en Limba Engleză Hardback – 17 iul 2017
This book  finds that the R&D and technological innovation of a country is not a result, but a factor, of sustained economic growth. Bazhal develops Schumpeter's theory to argue that genuine economic growth - especially in transitioning and developing countries - is only possible with innovation. With a particular focus on the work of Ukrainian economists, Tugan-Batanobvsky and Vernadsky, the text seeks to move the discipline forward and explain why innovation has become a primary factor of economic development in recent decades and why its role will become even more dominant in the future. 

Chapters interrogate whether modern economic theory can explain how we ensure the effective functioning of the market economy. The book shows that explanations of economists and politicians regarding the nature of the current economic and financial crisis, and the causes of huge gaps in levels of wealth in market economies, demonstrates that there are not enough satisfactory answers to this question.
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Livrare economică 03-17 ianuarie 25

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Specificații

ISBN-13: 9783319548517
ISBN-10: 3319548514
Pagini: 137
Ilustrații: IX, 135 p. 3 illus.
Dimensiuni: 148 x 210 mm
Greutate: 0.33 kg
Ediția:1st ed. 2017
Editura: Springer International Publishing
Colecția Palgrave Macmillan
Locul publicării:Cham, Switzerland

Cuprins

 Provisional: 1. Key Features of J. A. Schumpeter’s Theory of Economic Development: Its Genesis and Modern Theoretical Approaches.- 2. The “Vicious Circle” of Political Economy Development: The Necrophilia syndrome.- 3. M. I. Tugan-Baranovsky as the Precursor and Founder of the Innovation Theory of Economic Development.- 4. Understanding the Nature of Added Value: Evolution of Theories of Economic Development.- 5. The Innovation Structural Change of Economy as a Main Factor of Economic Development.- 6. Creating a National Innovation Ecosystem.

Notă biografică

Iurii Bazhal is the Head of Economics at The National University of Kyiv-Mohyla Academy in the Ukraine. He is also an Academic of The Higher School Academy of Sciences of Ukraine and Academic-Correspondent Member of Ukrainian Academy of Technological Sciences.He has over 160 publications, including 14 individually and collectively written monographs and 5 textbooks, and has also published a number of scientific articles in Ukrainian and foreign scientific journals.

Textul de pe ultima copertă

This book  finds that the R&D and technological innovation of a country is not a result, but a factor, of sustained economic growth. Bazhal develops Schumpeter's theory to argue that genuine economic growth - especially in transitioning and developing countries - is only possible with innovation. With a particular focus on the work of Ukrainian economists, Tugan-Batanobvsky and Vernadsky, the text seeks to move the discipline forward and explain why innovation has become a primary factor of economic development in recent decades and why its role will become even more dominant in the future. 

Chapters interrogate whether modern economic theory can explain how we ensure the effective functioning of the market economy. The book shows that explanations of economists and politicians regarding the nature of the current economic and financial crisis, and the causes of huge gaps in levels of wealth in market economies, demonstrates that there are not enough satisfactory answers to this question.

Caracteristici

Presents evidence that indicates the existence of a "life cycle" for each of the core economic theories Seeks to better understand the contemporary failures of economic policy Places 'innovation' as a new concept within political economy