Innovation Commons: The Origin of Economic Growth

ISBN-13: 9780190937492 / Angielski / Twarda / 2019 / 280 str.

Jason Potts

Recenzje

Jason Potts` Innovation Commons is a trailblazing contribution to economics. The new theory presented in the lucidly written book holds that innovation begins with an institutional solution to the problem of knowledge pooling and cooperation under uncertainty, eschewing the old view of a heroic entrepreneur. Potts imagination and erudition are deeply impressive. The book not only leaves far behind the conventional wisdom of neoclassical growth theory but also clears the ground for the next generation of evolutionary economists. Shedding light on the eminently social nature of the causes of economic evolution the book leads to a new understanding of the origin of firms and industries, and of the possibilities to design innovation policy. This book will prove invaluable in advancing economic theory in the age of an increasingly more complex digital economy.

O autorze

Professor of Economics, School of Economics, Finance & Marketing, RMIT University, Melbourne, Australia