Dynamism - The Values That Drive Innovation, Job Satisfaction, Economic Growth

Nobel Laureate Edmund Phelps argues that the high level of innovation in the West was not a result of scientific discoveries plus entrepreneurship. Rather, modern values¿particularly the individualism and self-expression prevailing among the people¿fueled the dynamism needed for widespread innovation.

About the author

Edmund Phelps won the 2006 Nobel Prize for Economics for deepening our understanding of the relationship between short-run and long-run effects of economic policy. He is Director of the Center on Capitalism and Society at Columbia University and author of many books, including Inflation Policy and Unemployment Theory, Structural Slumps, and Mass Flourishing.Raicho Bojilov is Assistant Professor in the Faculty of Economics and Business at Pontificia Universidad Católica de Chile.Hian Teck Hoon is Professor of Economics and Associate Dean of Faculty Matters and Research at Singapore Management University.Gylfi Zoega is Professor of Economics at the University of Iceland and Birkbeck, University of London, and a member of the Monetary Policy Committee of the Central Bank of Iceland.

Summary

Nobel Laureate Edmund Phelps argues that the high level of innovation in the West was not a result of scientific discoveries plus entrepreneurship. Rather, modern values—particularly the individualism and self-expression prevailing among the people—fueled the dynamism needed for widespread innovation.

Product details

• Authors: Raicho Bojilov, Hian Teck Hoon, Hoon Hian Teck, Edmund Phelps, Edmund Bojilov Phelps, Edmund S Phelps, Edmund S./ Zoega Phelps, Gylfi Zoega, Gylfi (McVickar Professor of Political Economy Columbia University) Zoega, Zoega Gylfi
• Publisher: Harvard University Press
• Languages: English
• Product format: Hardback
• Released: 31.07.2020
• EAN: 9780674244696
• ISBN: 978-0-674-24469-6
• No. of pages: 256
• Subjects: Natural sciences, medicine, IT, technology > Natural sciences (general); Social sciences, law, business > Political science > Political science and political education; Economics, BUSINESS & ECONOMICS / Economics / Theory, POLITICAL SCIENCE / History & Theory, BUSINESS & ECONOMICS / Infrastructure, Political science & theory, Popular economics, Impact of science & technology on society, Political science and theory, Impact of science and technology on society, BUSINESS & ECONOMICS / Free Enterprise & Capitalism