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The concept of a technological innovation system was introduced as part of a wider theoretical school, called the innovation system approach. The central idea behind this approach is that determinants of technological change are not (only) to be found in individual firms or in research institutes, but (also) in a broad societal structure in which firms, as well as knowledge institutes, are ...
The social construction of technological systems; new directions in the sociology and history of technology. Cambridge, Massachusetts, MIT Press. Michel Callon, Philippe Larédo, et al. (1992). "The management and evaluation of technological programs and the dynamics of techno-economic networks: The case of the AFME." Research Policy 21(3): 215 ...
In economics, a production function gives the technological relation between quantities of physical inputs and quantities of output of goods. The production function is one of the key concepts of mainstream neoclassical theories, used to define marginal product and to distinguish allocative efficiency , a key focus of economics.
Innovation economics is a growing field of economic theory and applied/experimental economics that emphasizes innovation and entrepreneurship.It comprises both the application of any type of innovations, especially technological but not only, into economic use.
This is a list of production functions that have been used in the economics literature. Production functions are a key part of modelling national output and national income . For a much more extensive discussion of various types of production functions and their properties, their relationships and origin, see Chambers (1988) [ 1 ] and Sickles ...
The focus of evolutionary economics is on economic change, but as a driver of this technological change has been considered in the literature. [5] Joseph Schumpeter, in his classic Theory of Economic Development [6] placed the emphasis on non-economic forces as the driver for growth. The human actor, the entrepreneur is seen as the cause of ...
Structuration theory attempts to define the structures also as resources and their rules that are organized with relevant technological system properties at the social level. The theory employs one recursive notion of actions, constrained and enabled by structures which are produced and reproduced by the action.
The concept of the innovation system stresses that the flow of technology and information among people, enterprises, and institutions is key to an innovative process. It contains the interactions between the actors needed in order to turn an idea into a process, product, or service on the market.