Entrepreneurship, Innovation and Technological Change

Technological Innovation , Entrepreneurship and Development

Industrialization has long been seen as the answer to underdevelopment and poverty. First this led countries to follow protectionist import substitution policies but as these failed developing countries have opened up to trade and FDI and tried to follow strategies of export driven industrialization. If we consider the share of non-OECD countries in global trade in manufactures, this has been a...

Relevance of technological innovation and entrepreneurship to biotechnology in Iran

One of the latest and most controversial areas of science is biotechnology. Genetic engineering concerns with the manipulation of DNA molecules to modify plants, animals and other creatures. Scientists are now able to isolate a gene or genome in an animal or plant to another one, based on the traits they want to transfer. The movement of a gene from a living creature to another one is called th...

Entrepreneurship and Innovation

Entrepreneurship , innovation , and corruption ☆

Available online xxxx Efforts to control corruption increase levels of trust in the ability of the state and market institutions to reliably and impartially enforce law and the rules of trade. Such trust facilitates the development of arms-length trade and the coordination of complex economic activities. We posit that better control of corruption will also be associated with rising levels of in...

The Induced Innovation Hypothesis and Energy-Saving Technological Change

We develop a methodology for testing Hick’s induced innovation hypothesis by estimating a product-characteristics model of energy-using consumer durables, augmenting the hypothesis to allow for the influence of government regulations. For the products we explored, the evidence suggests: (i) the rate of overall innovation was independent of energy prices and regulations, (ii) the direction of in...