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The Innovation Problem

Jason Potts

in Innovation Commons: The Origin of Economic Growth

Published in print:
2019
Published Online:
August 2019
ISBN:
9780190937492
eISBN:
9780190937539
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190937492.003.0002
Subject:
Economics and Finance, Development, Growth, and Environmental, Microeconomics

Explains the nature of the innovation problem as an economic problem in the context of economic trade and long-run growth. Distinguishes between a market failure definition of the innovation problem ... More


We Innovate Together

Jason Potts

in Innovation Commons: The Origin of Economic Growth

Published in print:
2019
Published Online:
August 2019
ISBN:
9780190937492
eISBN:
9780190937539
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190937492.003.0001
Subject:
Economics and Finance, Development, Growth, and Environmental, Microeconomics

This chapter introduces the economic problem of the origin of innovation. It observes that we don’t really understand the origins of innovation very well, particularly the origin of entrepreneurship. ... More


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