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An Economic Analysis of Innovation

Author

Listed:
  • Markus Balzat

Abstract

The economic analysis of innovation is important because economic growth in highly industrialized countries and international competitiveness are driven by innovations and technological change. At the same time, marked nation-specific features exist in the structure of innovative activities and in innovative success. For the study of these national characteristics, the concept of national innovation systems constitutes a powerful and widely applied inter-disciplinary framework in modern innovation theory. This book illuminates this concept from different perspectives. Starting from fundamental conceptual and theoretical issues, it describes and discusses the main development lines of the approach of national innovation systems, and goes on to illustrate an empirical application of this branch of research, offering a new alternative for the quantitative comparative study of national innovation systems.

Suggested Citation

  • Markus Balzat, 2006. "An Economic Analysis of Innovation," Books, Edward Elgar Publishing, number 4011.
    • Handle: RePEc:elg:eebook:4011
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    File URL: http://www.e-elgar.com/shop/isbn/9781845426163
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    Citations

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    Cited by:

    1. Joris Melkert & Bert van Wee, 2009. "Assessment of innovative transport concepts using cost--benefit analysis," Transportation Planning and Technology, Taylor & Francis Journals, vol. 32(6), pages 545-571, September.
    2. Mikel Navarro Arancegui & Juan José Gibaja Martíns & Susana Franco Rodríguez & Asier Murciego Alonso, 2012. "Territorial Benchmarking Methodology: The Need to Identify Reference Regions," Chapters, in: Philip Cooke & Mario Davide Parrilli & José Luis Curbelo (ed.), Innovation, Global Change and Territorial Resilience, chapter 4, Edward Elgar Publishing.
    3. Justin Doran & Declan Jordan & Eoin O’Leary, 2012. "The effects of the frequency of spatially proximate and distant interaction on innovation by Irish SMEs," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 24(7-8), pages 705-727, September.
    4. Mafini Dosso, 2014. "Restructuring in France's innovation system: from the mission-oriented model to a systemic approach of innovation," LEM Papers Series 2014/05, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    5. Taylor, Mark Zachary & Wilson, Sean, 2012. "Does culture still matter?: The effects of individualism on national innovation rates," Journal of Business Venturing, Elsevier, vol. 27(2), pages 234-247.

    More about this item

    Keywords

    Economics and Finance; Innovations and Technology;

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;

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