Latest book acquisitions

I now own a personal copy of Richard Nelson and Sidney Winter’s book “An Evolutionary Theory of Economic Change”. I feel like I have officially recruited myself into the world of evolutionary economics, or at least, an evolutionary perspective on technological change. Hopefully their ‘appreciative theorising’ gives me clearer insight on the economic and sociological aspects […]

Inclusive innovation

Two truths about innovation: it directly contributes to economic development positively. However, innovation can also inhibit equitable development, at least in the short term. How does innovation lead to development? We create better products, put them on the market, and if they appeal to consumers, they will adopt them to substitute older, inefficient products. Competition […]