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The 2009 ?Great Recession? has created a severe collapse of business expectations to coincide with severe financial overexposure. In this economic climate there is the tendency for the private sector to withdraw from investing in the future and for the public sector to seek to protect the major...
Persistent link: https://www.econbiz.de/10009484584
This paper develops an analysis of innovation based on Allen Oakley's (2002) primary themes of ontological priority, agency-structure and critical realism. I develop a history of thought and contemporaneous endogenous view of innovation in an environment of uncertainty, potential novelty and...
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The paper develops a broad macroeconomic innovation policy framework for ecologically sustainable economic development that can be applied to regional economies, from the perspective of Australia. Australia is one of the three huge per capita greenhouse emitting nations in the world. The...
Persistent link: https://www.econbiz.de/10009484664
In April 1997, Tasmania (Australia) adopted the reputably successful New Brunswick (Canada) industrial strategy to build an information technology (IT) industry of significance. The strategy aims to overcome isolation in small regional economies and structurally change from declining natural...
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