The types of innovation considered to be Schumpeterian can be very broad. What is an innovation? According to The Advanced Learner's Dictionary ( Hornby, Gatenby, & Wakefield, 1973, p. 545 ), an innovation is “something new that is introduced. ” This covers both inventions and their...

This book is the first work dedicated to the key ideas of Nobel Laureate Ronald Coase on pollution and public goods with sustainable development in mind from the perspective of an economist-town planner. The seminal contributions of Ronald Coase, foretold in the form of the Coase Theorem by...