Microfoundations for Innovation Policy

TL;DR: In this paper, the authors present the objectives and scope of an evolutionary approach to economic geography, arguing that the goal is not only to utilize the concepts and ideas from evolutionary economics to help interpret and explain how the economic landscape changes over historical time, but also to reveal how situating the economy in space adds to our understanding of the processes that drive economic evolution, that is to say, to demonstrate how geography matters in determining the nature and trajectory of evolution of the economic system.

TL;DR: In this paper, the authors present the objectives and scope of an evolutionary approach to economic geography, arguing that the goal is not only to utilize the concepts and ideas from evolutionary economics to help interpret and explain how the economic landscape changes over historical time, but also to reveal how situating the economy in space adds to our understanding of the processes that drive economic evolution, that is to say, to demonstrate how geography matters in determining the nature and trajectory of evolution of the economic system.

TL;DR: Thematic analysis reveals three general principles: farmers value knowledge delivered by persons rather than roles, privilege farming experience, and develop knowledge with empiricist rather than rationalist techniques that have significant implications for theorizing agricultural innovation.

TL;DR: A major shift in the organization of developed economies has been taking place: away from what has been characterized as the managed economy towards the entrepreneurial economy, or what Kirchhoff (1994) has called dynamic capitalism as mentioned in this paper.

TL;DR: In this article, the authors explore why organizations tend to be increasingly and inevitably homogeneous in their forms and practices, and suggest that organizational fields are structured into an organizational field by powerful forces that lead them to become similar.

TL;DR: Social capital is a particular kind of resource available to an actor as discussed by the authors, and it is productive and makes achievement of ends possible, but it is not completely fungible and does not share features with public goods.

TL;DR: In this paper, the authors consider the relation between the exploration of new possibilities and the exploitation of old certainties in organizational learning and examine some complications in allocating resources between the two, particularly those introduced by the distribution of costs and benefits across time and space.

TL;DR: In this paper, the authors show that the stock of human capital determines the rate of growth, that too little human capital is devoted to research in equilibrium, that integration into world markets will increase growth rates, and that having a large population is not sufficient to generate growth.