Jason Potts

Innovation Commons

The Origin of Economic Growth

• Broschiertes Buch

Produktbeschreibung

This book presents a new theory of what happens at the very early stages of innovation. It describes how a new technology is transformed into an entrepreneurial opportunity and becomes the origin of economic growth. The surprising answer is cooperation. The origin of innovation begins in the commons.

Produktdetails

• Verlag: Oxford University Press, USA
• Seitenzahl: 280
• Erscheinungstermin: 1. August 2019
• Englisch
• Abmessung: 230mm x 157mm x 20mm
• Gewicht: 374g
• ISBN-13: 9780190937508
• ISBN-10: 0190937505
• Artikelnr.: 55351286

Autorenporträt

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

Inhaltsangabe

* Foreword - Against Prometheus
* Acknowledgements
* Chapter 1 We innovate together
* Introduction
* 1.1 The origin of innovation
* 1.2 The commons in the innovation commons
* What is a commons?
* An innovation commons is a knowledge commons
* Common-pooling and peer-production in an innovation commons
* 1.3 Clunkers and Homebrew
* 1.4 The Republic of Letters
* 1.5 Why groups, why cooperation, why open?
* Overview of book
* Chapter 2 The innovation problem
* Introduction
* 2.1 Trade and new knowledge explain growth
* 2.2 The innovation problem as economic problem
* The Schumpeter-Nelson-Arrow version of the innovation problem
* The Hayek version of the innovation problem
* 2.3 The origin of the innovation trajectory
* 2.4 The economic problem of innovation
* 2.5 Innovation problem is a collective action problem
* 2.6 Innovation happens in groups
* Discovery failure
* Discovery costs
* Conclusion
* Chapter 3 Innovation is a knowledge problem
* Introduction
* 3.1 Innovation problem I - Social contract problem (McCloskey)
* 3.2 Innovation problem II - Distributed knowledge problem (Hayek)
* 3.3 Innovation problem III - Idiosyncratic risk (Williamson)
* 3.4 Innovation problem IV - Rules for cooperation (Ostrom)
* Conclusion
* Chapter 4 Four theories of the innovation commons
* Introduction
* 4.1 Two commons
* 4.2 Evolution of cooperation
* 4.3 Defense against enclosure
* 4.4 Institutional uncertainty
* Conclusion
* Chapter 5 Origin of the innovation trajectory
* Introduction
* 5.1 The zero-th phase of the innovation trajectory
* 5.2 The fundamental transformation
* 5.3 The Proto-Entrepreneur, the Dual-Discovery Problem, and the Two
Commons Solution
* The Proto-Entrepreneur seeks Non-Price Information
* The Proto-Entrepreneur faces a Dual Discovery Problem
* The Two Commons Solution
* 5.4 Modelling the innovation commons
* 5.5 The innovation commons in institutional space
* 5.6 The innovation commons as higher-order discovery
* Conclusion
* Chapter 6 Rules of the Innovation commons
* Introduction
* 6.1 Cooperation behind the veil of ignorance
* 6.2 An emergent social order
* 6.3 The use of society in knowledge
* 6.4 Problems the innovation commons must solve
* Identity, Cooperation, Consent, Monitoring, Punishment and conflict,
Independence, Economic problems the rules must solve
* 6.5 Origin of rules
* 6.6 Core Design Principles
* 6.7 Can evolution explain the innovation commons?
* Evolution of cooperation
* Evolution of cooperation in the commons
* Is cooperation for innovation the institutional equivalent of war?
* The innovation commons as higher-order discovery
* Conclusion - We innovate together
* Chapter 7 Lifecycle of an innovation commons
* Introduction
* 7.1 Institutions of collective innovation
* Institutional varieties of collective innovation
* Institutional transformations over an innovation trajectory
* 7.2 Origin of industry
* 7.3 The standard model of industry associations
* 7.4 A new model of industry associations; private governance for
discovery of public goods
* 7.5 Industry associations construct niches
* 7.6 The demic phase of industry associations
* Conclusion
* Chapter 8 Theory of Innovation Policy
* Introduction
* 8.1 The innovation commons critique of modern innovation policy
* Theory of innovation policy
* Mechanisms of innovation policy
* Critique of Innovation Policy
* Political economy of innovation policy
* Rules as policy
* Innovation policy as a public and private goods problem
* Innovation Policy and its discontents, a summary
* 8.2 Discovery Failure
* 8.3 Efficient Institutions of Innovation Policy
* The Comparative Institutional Approach
* The low social costs (and high private benefits) of innovation
commons
* 8.4 New innovation policy
* Diagnosing the innovation problem
* Benefits to groups, regions, nations, and the world
* This comes from civil society
* The innovation economy cannot be planned
* Conclusion
* Chapter 9 Inclusive Innovation Policy
* Introduction
* 9.1 Two types of innovation policy
* 9.2 Innovation seen and unseen
* 9.3 Against innovation: theory
* 9.4 A better approach to innovation policy
* 9.5 Inclusive innovation: A new social contract
* Chapter 10 Conclusion
* 10.1 The institutional origin of innovation
* 10.2 Implications for economic theory
* 10.3 The innovation sharing economy
* References
* Index
* Figures and Tables
* Figure 1.1 Economic goods
* Figure 2.1 The innovation commons as the zero-th phase of an
innovation trajectory
* Figure 3.1 Market (choice) versus governance (contracting) models of
innovation economics
* Figure 3.2 Comparative institutions of innovation contracting
* Figure 7.1 Public and private ordering definitions of industry
* Figure 8.1 The Institutional Possibility Frontier (source Djankov et
al 2003)
* Figure 8.2 Institutional possibilities of innovation policy
* Figure 9.1 Two innovation policy approaches
* Figure 9.2 Why friends of innovation prefer to engage government
* Table 2.1 The innovation problem as market failure vs collective
action
* Table 2.2 Transformation costs, transaction costs and discovery costs
* Table 2.3 Taxonomy of discovery costs
* Table 6.1 Design rules
* Table 7.1 Institutional varieties of Collective Innovation
* Table 8.1 Innovation policy ranged between private and public
instruments.