Innovation Ecosystems: Increasing Competitiveness

Description

Martin Fransman presents a new approach to understanding how innovation happens, who makes it happen, and the helps and hindrances. Looking at innovation in real-time under uncertainty, he develops the idea of an 'innovation ecosystem', i.e. a system of interrelated players and processes that jointly make innovation happen. Examples include: how companies like Amazon, Google, Facebook, Apple, AT&T, and Huawei interact in the ICT Ecosystem; four innovations that changed the world - the transistor, microprocessor, optical fibre, and the laser; the causes of the telecoms boom and bust of the early 1990s that influenced the Great Recession from 2007; and the usefulness of the idea of innovation ecosystems for Chinese policy makers. By delving into the complex determinants of innovation this book provides a deeper, more rigorous understanding of how it happens. It will appeal to economists, social scientists, business people, policy makers, and anyone interested in innovation and entrepreneurship. Copyright_page Dedication Contents Preface 1 Introduction 2 Contextualising Innovation 3 ‘National Innovation Systems’, ‘Business Ecosystems’, and ‘Innovation Ecosystems’ 4 The ICT Innovation Ecosystem 5 Interview with Martin Fransman on Innovation Ecosystems 6 How Does Innovation Happen? An Ex Ante Perspective 7 Who Makes Innovation Happen? 8 Innovation Ecosystems and Financial Markets 9 Innovation Ecosystems, New Waves of Industrialisation, and the Implications for China 10 Keynes’s General Theory of Employment, Interest, Money, and Innovation 11 Conclusions Bibliography Index