Perfectly competitive innovation

We construct a competitive model of innovation and growth under constant returns to scale. Previous models of growth under constant returns cannot model technological innovation. Current models of endogenous innovation rely on the interplay between increasing returns and monopolistic markets. In fact, established wisdom claims monopoly power to be instrumental for innovation and sees the nonrivalrous nature of ideas as a natural conduit to increasing returns. The results here challenge the positive description of previous models and the normative conclusion that monopoly through copyright and patent is socially beneficial.Technological innovations ; Competition

CAHRS hrSpectrum (November - December 2006)

HRSpec06_12.pdf: 427 downloads, before Oct. 1, 2020

Scenario planning for the Edinburgh city region

This paper examines the application of scenario planning techniques to the detailed and daunting challenge of city re-positioning when policy makers are faced with a heavy history and a complex future context. It reviews a process of scenario planning undertaken in the Edinburgh city region, exploring the scenario process and its contribution to strategies and policies for city repositioning. Strongly rooted in the recent literature on urban and regional economic development, the text outlines how key individuals and organisations involved in the process participated in far-reaching analyses of the possible future worlds in which the Edinburgh city region might find itself

Innovation strategies in central Europe: a corporate perspective

This paper seeks to outline the innovations strategies that various corporations have pursued in Central Europe over the last few decades. It will examine from a corporate perspective the scope and definition of innovation, highlighting how this has changed in today's eclectic ever changing environment. Drawing upon cases studies, this paper will highlight best practice in formulating innovation strategies within Central Europe. In conclusion, it will be argued that in spite of living in an environment where the pressure for companies to constantly reinvent some part of themselves is increasing, companies could greatly benefit from taking time to pause and consider how they can capitalise on the key lessons and best practice considerations that have arisen

Entrepreneurs, Sticky Competition and the Schumpeterian Cobb-Douglas Production Function

In this paper, we institute the role of entrepreneurs in technical progress and the mechanism of tools multiplication into the Cobb Douglas Production Function. After the advancements, the technology component in the function has technical meaning and is potentially observable. Unlimited technical progress becomes possible and automatic under sticky competitive markets. The coexistence of sustained growth, decline and stagnation across countries and time becomes obvious and the target of public policies for achieving sustained growth is also clear and precise.Entrepreneur, Sticky Competition, Cobb-Douglas Production Function, Endogenous Growth, Technical Progress, Tools Variety

Why Water?

The report focuses on what businesses should do to manage the reputational, regulatory, and operational risks of their water usage. Four solutions are presented, and the scale and intensity of each solution will vary by sector, geography, and customer base. Case studies highlighting water management and usage practices of various multinational corporations, and how these corporations are working together to solve the global water crisis, are included in the report

Changing Configuration of Alternative Energy Systems

Recent and rampant regulatory changes for sustainable development are seeking to transform current energy systems towards cleaner and greener forms of energy sources. In this scenario, alternative energy technologies are considered the building blocks towards this transformed energy system. This chapter will show how the alternative energy market since the 1970s changed, in response to external oil price shocks and to other selective pressures and institutions. It will observe that the configuration of the market has been changing since 1970s, in terms of firm-composition, size and types of technologies considered in the green energy mix. It will further provide three explanations explaining why there are changes between firms, policies and these energy technologies. These three processes are considered important in determining technological innovation among firms in clean and green energy technologies.Renewable Energy, New Technologies, Firm Competition, Technology Policy, Energy Technologies