Complexity and Innovation. Why Beneficial Effects of Innovation Highly Depend

Mainstream economics and everyday consciousness tend to declare any change an “innovation”. Innovation thus appears as a black box. It seems to lack a criterion to distinguish a counterproductive change – e.g., a dynamic perceived by agents as over-turbulence, or some flawed, misled, and futile “cha...

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Bibliographic Details
Main Author: Wolfram Elsner
Format: Article
Language:English
Published: Ltd. "Humanities Perspectives" 2019-10-01
Series:Журнал институциональных исследований
Subjects:
Online Access:http://hjournal.ru/files/JIS_10_4/JIS_10.4_1.pdf