NDLI: Government policies to foster innovation, economic growth, and employment

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Government policies to foster innovation, economic growth, and employment

Content Provider	Scilit
Author	Ashford, Nicholas A. Hall, Ralph P.
Copyright Year	2018
Description	This chapter focuses on promoting economic prosperity and economic development and addresses many aspects of traditional "industrial policy." It looks at the process of technological change and innovation and explores what types of changes are necessary to transform systems toward sustainable development. An incremental, moderate, or radical sustaining innovation is a technological change along the same lines that technology has been developing historically. An incremental or radical disrupting innovation can take two forms: one that combines two or more prior developments in a new way, creating an "architectural" innovation; or one that stems from a new idea and is an "intrinsic" innovation. As a result of sustaining and disrupting innovations, existing technologies are likely to be improved or supplanted over time, provided that new competitors are able to enter existing markets or develop new ones without being held back by entry barriers. Technology-push innovations are pursued by profit-seeking firms and by countries seeking to enhance domestic and trade revenues. Book Name: Technology, Globalization, and Sustainable Development
Related Links	https://content.taylorfrancis.com/books/download?dac=C2018-0-79344-6&isbn=9780429468056&format=googlePreviewPdf
Ending Page	522
Page Count	54
Starting Page	469
DOI	10.4324/9780429468056-12
Language	English
Publisher	Informa UK Limited
Publisher Date	2018-08-06
Access Restriction	Open
Subject Keyword	Book Name: Technology, Globalization, and Sustainable Development Urban and Regional Planning Technological Change Disrupting Innovation
Content Type	Text
Resource Type	Chapter

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