The Political Economy of Innovation Development Breaking the Vicious Cycle of Economic Theory /

• Main Author: Bazhal, Iurii (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2017.
• Subjects: Political economy.; Economic policy.; Economic growth.; Economics.; Economic Growth.; Economic Policy.; Political Economy.; R & D/Technology Policy.

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 Schumpeter's theory to argue that genuine economic growth - especially in transitioning and developing countries - is only possible with innova...

Table of Contents:

• Provisional: 1. Key Features of J. A. Schumpeter’s 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.