Discovery,
Invention and Innovation
Index
Objective: Define discovery, invention, and innovation.
Discuss the interactions between these activities. Discuss the
incentive system promoting each. Briefly discuss the evolution of
institutions promoting these activities. Next, discuss two learning
strategies that promote innovation. Then, discuss the impact of
constant advance of technology on industrial organization. The index
for this Chapter is:
- Segment 1: Discovery, Invention, Innovation Index: An overview of the topic of discovery, invention, and innovation
- Segment 2; Definitions, Interactions, and Incentives: Definitions of discovery, invention, and innovation; the interaction among discovery, invention and innovation, and the incentives to make discoveries, inventions, and innovations.
- Segment 3; Evolution, Learning Strategies, Industrial Organization, and Opportunities: The evolution of institutions for providing discovery, invention, and innovation since 1790, learning strategies for invention and innovation,
Advanced material on discovery,
invention, and innovation explores the relationship between bounded rational economic agents and innovation.
- Introduction
- Discovery and Invention
- Bounded Rational Innovation
- Why the rate of invention exceeds the rate of innovation
- Recommendations
- References
- More advanced material
- Need for a Paradigm for Innovation