The Political Economy of Innovation Development: Breaking the Vicious Cycle of E

Description: The Political Economy of Innovation Development by Iurii Bazhal This book finds that the R&D and technological innovation of a country is not a result, but a factor, of sustained economic growth. FORMAT Paperback LANGUAGE English CONDITION Brand New Publisher Description This book finds that the R&D and technological innovation of a country is not a result, but a factor, of sustained economic growth. Bazhal develops Schumpeters theory to argue that genuine economic growth - especially in transitioning and developing countries - is only possible with innovation. With a particular focus on the work of Ukrainian economists, Tugan-Batanobvsky and Vernadsky, the text seeks to move the discipline forward and explain why innovation has become a primary factor of economic development in recent decades and why its role will become even more dominant in the future. Chapters interrogate whether modern economic theory can explain how we ensure the effective functioning of the market economy. The book shows that explanations of economists and politicians regarding the nature of the current economic and financial crisis, and the causes of huge gaps in levels of wealth in market economies, demonstrates that there are not enough satisfactory answers to this question. Back Cover This book finds that the R&D and technological innovation of a country is not a result, but a factor, of sustained economic growth. Bazhal develops Schumpeters theory to argue that genuine economic growth - especially in transitioning and developing countries - is only possible with innovation. With a particular focus on the work of Ukrainian economists, Tugan-Batanobvsky and Vernadsky, the text seeks to move the discipline forward and explain why innovation has become a primary factor of economic development in recent decades and why its role will become even more dominant in the future. Chapters interrogate whether modern economic theory can explain how we ensure the effective functioning of the market economy. The book shows that explanations of economists and politicians regarding the nature of the current economic and financial crisis, and the causes of huge gaps in levels of wealth in market economies, demonstrates that there are not enough satisfactory answers to this question. Author Biography Iurii Bazhal is the Head of Economics at The National University of Kyiv-Mohyla Academy in the Ukraine. He is also an Academic of The Higher School Academy of Sciences of Ukraine and Academic-Correspondent Member of Ukrainian Academy of Technological Sciences.He has over 160 publications, including 14 individually and collectively written monographs and 5 textbooks, and has also published a number of scientific articles in Ukrainian and foreign scientific journals. Table of Contents Provisional: 1. Key Features of J. A. Schumpeters Theory of Economic Development: Its Genesis and Modern Theoretical Approaches.- 2. The "Vicious Circle" of Political Economy Development: The Necrophilia syndrome.- 3. M. I. Tugan-Baranovsky as the Precursor and Founder of the Innovation Theory of Economic Development.- 4. Understanding the Nature of Added Value: Evolution of Theories of Economic Development.- 5. The Innovation Structural Change of Economy as a Main Factor of Economic Development.- 6. Creating a National Innovation Ecosystem. Feature Presents evidence that indicates the existence of a "life cycle" for each of the core economic theories Seeks to better understand the contemporary failures of economic policy Places innovation as a new concept within political economy Details ISBN3319855018 Author Iurii Bazhal Pages 135 Publisher Springer International Publishing AG Year 2018 ISBN-10 3319855018 ISBN-13 9783319855011 Format Paperback Publication Date 2018-08-01 Imprint Springer International Publishing AG Subtitle Breaking the Vicious Cycle of Economic Theory Place of Publication Cham Country of Publication Switzerland DEWEY 338.064 Short Title The Political Economy of Innovation Development Language English UK Release Date 2018-08-01 Illustrations 3 Illustrations, black and white; IX, 135 p. 3 illus. Edition Description Softcover reprint of the original 1st ed. 2017 Alternative 9783319548517 Audience Professional & Vocational We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:132140030;

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