Technology & Innovation
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Bring on the Bubble: William Janeway on the Future of Green Technologies
Sep 4, 2013
Where will today’s innovation come from?
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You Didn’t Build That: The Entrepreneurial State
Jul 8, 2013
A review of The Entrepreneurial State: Debunking Public vs. Private Sector Myths, the new book by Mariana Mazzucato
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Grantee paper
From Green Users to Green Voters
Jun 2013
We estimate the effect of the diffusion of photovoltaic (PV) systems on the fraction of votes obtained by the German Green Party.
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The Entrepreneurial State: Debunking Public vs. Private Sector Myths
Jun 12, 2013
is the public sector really sclerotic and conservative in contrast with a dynamic and innovative private sector?
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Grantee paper
Technology Diffusion: Measurement, Causes and Consequences
Apr 2013
This chapter discusses different approaches pursued to explore three broad questions related to technology diffusion: what general patterns characterize the diffusion of technologies, and how have they changed over time; what are the key drivers of technology, and what are the macroeconomic consequences of technology.
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Conference paper
New Metrics for Economic Complexity: Measuring the Intangible Growth Potential of Countries
Apr 2013
In this paper we provide a summary and a guide to the literature for a new line of research which goes under the name of Economic Complexity and is partly performed incollaboration with INET.
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Growth and Technological Change in Complex Systems
Apr 5, 2013 | 10:30—11:45
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Capitalism and the Rule of Law
Apr 4, 2013 | 02:30—04:30
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Business Leaders Panel: The Future of the World and Asia's Role
Apr 4, 2013 | 04:00—05:00
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Changing of the Guard
PlenaryApr 4–7, 2013
The Institute for New Economic Thinking held its annual plenary conference in Hong Kong from April 4-7, 2013 at the InterContinental Hotel in Kowloon. The event discussed Asia’s emergence in the global economy and other core issues.
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Conference paper
Something for Everyone: Building Incentives for Innovation Ecosystems
Apr 2013
Healthy innovation economies are the main driver of prosperity in the 21st century. But the three players that have traditionally sponsored basic research and invention in those economies are no longer willing or able to perform that role.
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Innovation Systems
Apr 3, 2013 | 09:15—10:15
The Foundations of Economic Prosperity: The Lessons of Innovation Process and History
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Grantee paper
If Technology Has Arrived Everywhere, Why Has Income Diverged?
Mar 2013
We study the lags with which new technologies are adopted across countries, and their long-run penetration rates once they are adopted.
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Years granted:
2012, 2013
Greening Economic Growth: How can Environmental Regulation Enhance Innovation and Competitiveness?
This research project explores the relationship between environmental regulation, innovation, and competitiveness through a meta-analysis, which extracts key implications for economic thinking and future research, and unique datasets on patented “environmental” inventions.
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Grantee paper
The Financialization of the US Corporation: What Has Been Lost, and How It Can Be Regained
Jun 2012
Background paper for a presentation to the Seattle University School of Law Berle IV Symposiun, “The Future of Financial/Securities Markets,” London June 14-15, 2012.
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Conference paper
Inequality and Employment
Apr 2012
“Natural rate theory” has dominated interpretations of economic trends and policy prescriptions over many decades. European-type welfare state institution were claimed to cause a compressed wage distribution that distorts otherwise well functioning labor markets.
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Inequality and The Challenge of Employment
Apr 13, 2012 | 12:25—02:15
Inequality has been growing and destabilizing confidence in many countries in recent years.
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Paradigm Lost
PlenaryNew Economic Thinking 2012
Apr 12–15, 2012
The Institute joined the Centre for International Governance Innovation, and the Mercator Research Institute on Global Commons and Climate Change in hosting its third-annual plenary conference in Berlin from April 12-15, 2012.
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Conference paper
Sovereignty Effects
Apr 2012
With my remarks today on financial markets and the financial crisis, I do not make any claims to originality. Rather, they are intended as a reminder of certain circumstances that are already familiar to us, in one form or another.
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Which Way Forward? Reflections on Global Turmoil and the Role of Markets, Governments, and Civil Society
Apr 11, 2012 | 09:20—11:30
The global economy is in turmoil. Societies are unstable and not anchored by faith in the system or social order.
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Welcome Remarks
Apr 11, 2012 | 07:00—07:25
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Years granted:
2011, 2012
Drivers of Technology Adoption and Consequences of the Dynamics of Technology Adoption for Economic Growth
This research project studies the drivers of technology adoption as well as the consequences of the dynamics of technology adoption for economic growth.
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Years granted:
2011, 2012
The Stock Market and Innovative Enterprise
This research project analyzes the ways in which an important financial institution, the stock market, affects the economic performance of the industrial corporations that are listed on it.
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Conference paper
The Innovative Enterprise and the Developmental State: Toward an Economics of “Organizational Success”
Apr 2011
Investment in productive capabilities provides the foundation for economic growth.
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Conference paper
Rethinking Growth and the State
Apr 2011
Government intervention is often perceived as a constraint on market forces and thereby on economic growth.
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The Market or the State? Can Market Forces Deliver Innovation, Education, and Infrastructure
Apr 9, 2011 | 05:25—07:00
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Bretton Woods: What Can We Learn From The Past In Designing The Future
Apr 8, 2011 | 03:00—04:30
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Conference paper
Combining International Monetary Reform with Commodity Buffer Stocks : Keynes, Graham and Kaldor
Apr 2011
Central to John Maynard Keynes (1941) original Bretton Woods proposal was an international clearing union that would issue a new international currency by fiat called bancor. Among other functions, this international central bank would finance the stabilization of individual commodity prices through commodity buffer stocks.
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Conference paper
The Keynes Plan, The Marshall Plan And The IMCU Plan; Designing the Future International Payments System using the Past Principles of Keynes's Liquidity Theory and Soros's Reflexivity
Apr 2011
For more than three decades, orthodox economists, policy makers in government and central bankers and their economic advisors, using some variant of old classical economic theory [OCET], have insisted that (1) government regulations of markets and large government spending policies are the cause of all our economic problems and (2) ending big government and freeing markets, especially financial markets, from government regulatory controls is the solutionto our economic problems, domestically and internationally.
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Conference paper
It May be Our Currency, but It’s Your Problem
Apr 2011
It’s a singular honor to have been asked to deliver the Butlin Lecture. I first met Noel Butlin when I had the pleasure of visiting Australian National University for two months in what was, from my perspective, the summer of 1985.
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Conference paper
What Kind of Theory to Guide Reform and Restructuring of the Financial and Non-Financial Sectors?
Apr 2010
The purpose of the paper is to argue for attention to be paid, not only to choice of theory, but also to choice of theoretical approach, in order to address issues posed by the crisis.
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What Kind of Theory to Guide Reform and Restructuring of the Financial and Non-Financial Sectors?
Apr 8, 2010 | 09:50—11:40
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The Economic Crisis and the Crisis in Economics
PlenaryNew Economic Thinking 2010
Apr 8–11, 2010
The Institute for New Economic Thinking convened many of the world’s most distinguished economists, academics and thought leaders at its inaugural Conference at King’s College, University of Cambridge.
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Markets, Speculation and the State
William Janeway’s Far-Ranging Seminar on Fundamental Debates in Innovation and Finance
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After the Crisis
Many thought the financial crash was a final blow to capitalsim. Why does it still reign supreme? Anatole Kaletsky outlines the shape of things to come.