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Articles 1 - 8 of 8
Full-Text Articles in Technology and Innovation
Coercing Consensus: Unintended Success Of The Octopus Electronic Payment System, Leung-Sea, Lucia Siu
Coercing Consensus: Unintended Success Of The Octopus Electronic Payment System, Leung-Sea, Lucia Siu
Prof. SIU Leung-sea, Lucia
This paper contrasts the success and failure of two electronic payment systems in Hong Kong, Octopus and Mondex, during 1996-2002. The case illustrates the new properties of electronic currencies, and provides insights for product designers and regulators. Mondex was endowed with the full legal status of money, launched by a mammoth banking group, with Mondex cards given away for free to consumers. Yet the Mondex system went into oblivion within five years. Octopus started as a modest stored value transport ticket that required a deposit. It ended up as a city-wide multipurpose payment card used by 95% of the adult …
On Building Clusters Versus Leveraging Synergies In The Design Of Innovation Policy For Developing Economies, Edward J. Feser
On Building Clusters Versus Leveraging Synergies In The Design Of Innovation Policy For Developing Economies, Edward J. Feser
Edward J Feser
This paper argues there are two broad ways policymakers might use industry cluster concepts to inform the design of regional innovation policy. The first, and clearly dominant approach, is to view identified technology-based clusters as targets for growth strategies, i.e., to nurture the growth of selected groups of innovative industries and research strengths in a limited set of regions as a means of increasing levels of innovation economy-wide (termed the cluster building approach). The second is to use cluster ideas to reorient development strategies so that they leverage synergies among businesses and non-market institutions, thus improving innovation rates (termed the …
Firm Size And Innovation In European Manufacturing, Mario Pianta, Andrea Vaona
Firm Size And Innovation In European Manufacturing, Mario Pianta, Andrea Vaona
Mario Pianta
The paper investigates the differences between small, medium-sized and large firms regarding their performance in the introduction of new products and processes. After a review of the relevant literature, two models are proposed and tested in search for different business strategies and innovation inputs connected to product and process innovations. The empirical analysis uses innovation survey (CIS 2) data at the industry level for 22 manufacturing sectors, broken down in three firm size classes, for eight European countries. Special attention is devoted to tackling the issues of possible endogeneity of the regressors and of unobserved sectoral heterogeneity. The results – …
Innovations, Profits And Wages, Mario Pianta, Massimiliano Tancioni
Innovations, Profits And Wages, Mario Pianta, Massimiliano Tancioni
Mario Pianta
New Process And New Products In Europe And Italy, Mario Pianta, Francesco Crespi
New Process And New Products In Europe And Italy, Mario Pianta, Francesco Crespi
Mario Pianta
Innovation After Lisbon: New Ideas For Innovation Policies In Europe, Mario Pianta, Andrea Vaona
Innovation After Lisbon: New Ideas For Innovation Policies In Europe, Mario Pianta, Andrea Vaona
Mario Pianta
Demand And Innovation In Productivity Growth, Mario Pianta, Francesco Crespi
Demand And Innovation In Productivity Growth, Mario Pianta, Francesco Crespi
Mario Pianta
The labour productivity impact of demand and innovation is investigated in this paper combining insights from the Kaldorian and Schumpeterian traditions. After a review of studies in such traditions, a general model is proposed for explaining productivity growth in European manufacturing and service industries in the late 1990s, followed by two distinct specifications for the industries oriented toward product innovation, and for those where process innovation dominates. The empirical analysis is based on the match of the SIEPI-CIS2 database developed at the University of Urbino and Eurostat Input–Output Tables at the industry level, for 22 manufacturing sectors and 10 services …
Diversity In Innovation And Productivity In Europe, Mario Pianta, Francesco Crespi
Diversity In Innovation And Productivity In Europe, Mario Pianta, Francesco Crespi
Mario Pianta
The diversity in innovation patterns across manufacturing and service industries and in their outcomes in terms of hourly labor productivity are investigated in this article considering six European countries. The Schumpeterian insights into the variety of innovation are developed in this work by identifying different innovation–performance relationships for industries and countries, relying either on the dominant role of product innovation, or on the diffusion of process improvements. Moreover, the “push” effect of innovation is combined with the “pull” effect of demand, by considering the impact of the dynamics of consumption and investment at the sectoral level. The results point out …