Are There Laws Of Innovation?

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Lawrence Juen-yee Lau (The Chinese Univ Of Hong Kong, Hong Kong) Yanyan Xiong (Zhejiang Univ, China)

Are There Laws Of Innovation?

Lawrence Juen-yee Lau (The Chinese Univ Of Hong Kong, Hong Kong), Yanyan Xiong (Zhejiang Univ, China)

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English

World Scientific Publishing Co Pte Ltd
16 September 2022

Economic growth; Development economics; Business innovation; Industrial applications of scientific research & technological innovation

Summary
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Beyond real GDP, innovative capacity is an important indicator of the economic strength of a nation. By studying innovative capacity and other indicators of success in innovation across the Group-of-Seven (G7) Countries, the East Asian Newly Industrialised Economies (EANIEs) and Mainland China, this book will systematically establish a positive relationship between innovation outputs and inputs of different economies. In doing so, it seeks to answer the question — are there laws of innovation? It seeks to identify the determinants of innovation at the economy-wide level, ascertain whether these determinants are similar across different economies, and find suitable metrics for comparing relative success in innovation across different economies. It concludes that innovation, rather than being a stroke of good fortune, comes from research and development activities conducted over a long period of time, and sheds light on future trends and areas for further research.

By: Lawrence Juen-yee Lau (The Chinese Univ Of Hong Kong Hong Kong), Yanyan Xiong (Zhejiang Univ, China)
Imprint: World Scientific Publishing Co Pte Ltd
Country of Publication: Singapore
ISBN: 9789811251177
ISBN 10: 9811251177
Pages: 244
Publication Date: 16 September 2022
Audience: College/higher education , Professional and scholarly , Primary , Undergraduate
Format: Hardback
Publisher's Status: Active