Technological Change and Network Effects in Growth Regimes

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Release : 2014-06-03
Genre : Business & Economics
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Book Rating : 166/5 ( reviews)

Technological Change and Network Effects in Growth Regimes - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Technological Change and Network Effects in Growth Regimes write by Torsten Heinrich. This book was released on 2014-06-03. Technological Change and Network Effects in Growth Regimes available in PDF, EPUB and Kindle. In this new volume it is argued that network effects are much more common than usually assumed, and that they have a profound impact on many aspects of economic systems, especially technological change and economic growth. The analysis and modelling of this interrelationship is the central focus of this book. While there exists a vast body of literature on economic growth, the theories put forward so far have had limited success in explaining observed patterns of economic growth. ‘Growth cycles’ in particular continue to elude standard economic models, though evolutionary economics has made some progress. Seeking to fill the gap, Torsten Heinrich’s innovative approach uses microeconomics to explain heterogeneous sectoral dynamics on the meso level, and then aggregating these to observed macroeconomic growth rates. In this way, it is shown that an evolutionary model of technological change with network effects can explain not only commonly observed asymmetric industry structures, monopolies and oligopolies but also ‘growth cycles’. The book includes a comprehensive account of the most influential economic growth theories, a discussion of the research on network effects as well as an introduction to the methodology, the model, and a case study on the recent emergence of information and communication technology. This important new volume will be relevant to all those interested in theoretical economics, growth theory, innovation economics, agent based modelling and industry dynamics.

Technological Change and the Environment

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Release : 2010-09-30
Genre : Nature
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Book Rating : 913/5 ( reviews)

Technological Change and the Environment - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Technological Change and the Environment write by Arnulf Grübler. This book was released on 2010-09-30. Technological Change and the Environment available in PDF, EPUB and Kindle. Much is written in the popular literature about the current pace of technological change. But do we have enough scientific knowledge about the sources and management of innovation to properly inform policymaking in technology dependent domains such as energy and the environment? While it is agreed that technological change does not 'fall from heaven like autumn leaves,' the theory, data, and models are deficient. The specific mechanisms that govern the rate and direction of inventive activity, the drivers and scope for incremental improvements that occur during technology diffusion, and the spillover effects that cross-fertilize technological innovations remain poorly understood. In a work that will interest serious readers of history, policy, and economics, the editors and their distinguished contributors offer a unique, single volume overview of the theoretical and empirical work on technological change. Beginning with a survey of existing research, they provide analysis and case studies in contexts such as medicine, agriculture, and power generation, paying particular attention to what technological change means for efficiency, productivity, and reduced environmental impacts. The book includes a historical analysis of technological change, an examination of the overall direction of technological change, and general theories about the sources of change. The contributors empirically test hypotheses of induced innovation and theories of institutional innovation. They propose ways to model induced technological change and evaluate its impact, and they consider issues such as uncertainty in technology returns, technology crossover effects, and clustering. A copublication o Resources for the Future (RFF) and the International Institute for Applied Systems Analysis (IIASA).

The Impact of Technological Change on Employment and Economic Growth

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Release : 1988
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The Impact of Technological Change on Employment and Economic Growth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Impact of Technological Change on Employment and Economic Growth write by Richard M. Cyert. This book was released on 1988. The Impact of Technological Change on Employment and Economic Growth available in PDF, EPUB and Kindle.

The Effects of Technological Change on the Economic Growth Process

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Release : 1967
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The Effects of Technological Change on the Economic Growth Process - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Effects of Technological Change on the Economic Growth Process write by C. Bierman. This book was released on 1967. The Effects of Technological Change on the Economic Growth Process available in PDF, EPUB and Kindle.

Journal of Economic Literature

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Release : 2014
Genre : Economics
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Journal of Economic Literature - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Journal of Economic Literature write by . This book was released on 2014. Journal of Economic Literature available in PDF, EPUB and Kindle.