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      Book

      Economics of an Innovation System
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      Book

      Economics of an Innovation System

      DOI link for Economics of an Innovation System

      Economics of an Innovation System book

      Inside and Outside the Black Box

      Economics of an Innovation System

      DOI link for Economics of an Innovation System

      Economics of an Innovation System book

      Inside and Outside the Black Box
      ByTsutomu Harada
      Edition 1st Edition
      First Published 2019
      eBook Published 19 March 2019
      Pub. Location London
      Imprint Routledge
      DOI https://doi.org/10.4324/9780429425448
      Pages 288
      eBook ISBN 9780429425448
      Subjects Economics, Finance, Business & Industry
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      Harada, T. (2019). Economics of an Innovation System: Inside and Outside the Black Box (1st ed.). Routledge. https://doi.org/10.4324/9780429425448

      ABSTRACT

      Existing literature looks at national innovation systems from the perspective of either "inside the black box" or "outside the black box". This is the first book that analyzes both the inside and outside of the black box using a general equilibrium framework.

      The book looks at what is outside the black box and provides models of path-dependent endogenous growth;  examines the dynamics of the black box from the intersectoral perspective of the economy; and proposes an innovation flow matrix. It also takes into account both business cycles and endogenous innovation in the unified New Keynesian dynamic stochastic general equilibrium (DSGE) model and examines how business cycles and other policy shocks affect endogenous innovation.

      The unified treatment of the national innovation system from perspectives both inside and outside the black box using rigorous economic models and empirical analyses makes this an enlightening work, shedding new light on innovation economics.

      TABLE OF CONTENTS

      chapter |18 pages

      Introduction

      part Part I|62 pages

      Outside the black box

      chapter 1|19 pages

      Path-dependent economic growth with technological trajectory

      chapter 2|18 pages

      Path-dependent economic progress and regress

      chapter 3|23 pages

      Division of labor in innovation between general purpose technology and special purpose technology

      part Part II|58 pages

      Dynamics of the black box

      chapter 4|17 pages

      Advantages of backwardness and forwardness with shifting comparative advantage

      chapter 5|18 pages

      Changing productive relations, linkage effects and industrialization

      chapter 6|21 pages

      Structural change and economic growth with relation-specific investment

      part Part III|52 pages

      Inside the black box

      chapter 7|15 pages

      Focusing device as innovation mechanism and cluster growth

      chapter 8|15 pages

      Managing innovation probabilities through focusing device

      chapter 9|20 pages

      Three-step flow of knowledge communication

      part Part IV|68 pages

      Measuring the black box

      chapter 10|16 pages

      Model of intersectoral flow of technology using technology and innovation flow matrices

      chapter 11|27 pages

      Estimating innovation flow matrix and innovation linkages in the East Asian region and the United States

      chapter 12|23 pages

      Endogenous innovation and macroeconomic shocks in a New Keynesian DSGE model

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