Are There Laws Of Innovation?
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A01=Lawrence Juen-yee Lau
A01=Yanyan Xiong
Author_Lawrence Juen-yee Lau
Author_Yanyan Xiong
Category=KCG
Category=KCM
Category=KJD
Category=PDG
East Asian Newly Industrialised Economies
Economic Strength
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eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_science
Group-of-Seven Countries
Innovation Inputs
Innovation Outputs
Innovative Capacity
Intellectual Property
Mainland China
Patents
R&D Investments
Research and Development
Product details
- ISBN 9789811251177
- Publication Date: 16 Sep 2022
- Publisher: World Scientific Publishing Co Pte Ltd
- Publication City/Country: SG
- Product Form: Hardback
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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.
