Innovation Dynamism and Economic Growth: A Nonlinear Perspective

In order to provide a richer understanding of technological development, the book focuses on the period of innovation prior to market launch, grounding the analysis within a distinct innovation paradigm. This is expressed using three logistic trajectories – technology, development and diffusion – which make it possible to interpret and better understand technology foresight, infrastructure formation, long business cycles and national innovation systems. The author emphasizes the importance of the timing of innovation commitment, knowledge transfer between and within these trajectories, and the evolutionary character of innovation.

Those with an interest in economics, macroeconomics, technological change and evolutionary economics will find this book to be a highly stimulating and fascinating read.