Innovation and economic development : a microeconomic perspective

Microeconomic theorists have largely excluded entrepreneurship and innovation from their theoretical analyses and models. In the existing literature, innovative entrepreneurs are hardly mentioned at all, yet it is precisely these entrepreneurs who, through their establishment of innovation-based sta...

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Bibliographic Details
Main Author Johannessen, Jon-Arild (Author)
Format Electronic eBook
LanguageEnglish
Published Abingdon : Routledge, 2026.
EditionFirst edition.
SeriesRoutledge studies in the economics of innovation.
Subjects
Online AccessFull text
ISBN9781003641032
1003641032
9781040451991
1040451993
9781040452011
1040452019
9781041075448
Physical Description1 online resource (146 pages) : illustrations.

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245 1 0 |a Innovation and economic development :  |b a microeconomic perspective /  |c Jon-Arild Johannessen. 
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490 1 |a Routledge Studies in the Economics of Innovation 
505 0 |a 1. The nnovation economy: An introduction 2. Innovative entrepreneurship and microeconomic theory in the innovation economy 3. Competence and microeconomic theory in the innovation economy 4. Productivity 5. Automation 
506 |a Plný text je dostupný pouze z IP adres počítačů Univerzity Tomáše Bati ve Zlíně nebo vzdáleným přístupem pro zaměstnance a studenty 
520 |a Microeconomic theorists have largely excluded entrepreneurship and innovation from their theoretical analyses and models. In the existing literature, innovative entrepreneurs are hardly mentioned at all, yet it is precisely these entrepreneurs who, through their establishment of innovation-based start-ups, for example, start-ups based on technological innovations, create economic growth and help promote prosperity worldwide. The most recent examples from the digital revolution alone, such as Microsoft, Apple, and TikTok, speak to the importance of innovative entrepreneurship. This book addresses the lack of microeconomic theory concerning the role of innovation as a driver for economic development and explores the topic from multiple perspectives: innovative entrepreneurship, competence, productivity, automation, and the institutional framework.By analysing these five pillars, the book provides a broad idea of how these interactions all impact how the innovation economy continues to thrive. The book also describes the application of theory to real life by providing practical and real-life examples and case studies. It demonstrates the need to foster the spirit of innovation and entrepreneurship for sustainable development as a key driver of uninterrupted industrial development. It also highlights the critical gap in conventional economic models, which reduce everything to a single number and fail to analyse how innovation shapes both economic structures and the education systems and policies needed to adapt to them. By incorporating systems thinking and evolutionary economics, the book offers a multidimensional analysis of the innovation economy.This broad perspective enhances its theoretical depth and widens its appeal to scholars and researchers across various disciplines. Its practical approach also makes the book relevant to policymakers, educators, and practitioners. 
588 |a OCLC-licensed vendor bibliographic record. 
650 0 |a Entrepreneurship. 
650 0 |a Technological innovations  |x Economic aspects. 
655 7 |a elektronické knihy  |7 fd186907  |2 czenas 
655 9 |a electronic books  |2 eczenas 
830 0 |a Routledge studies in the economics of innovation. 
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