Innovation and national competitiveness -- National innovation structure -- Innovation process -- Targeting basic research -- Research cooperation : mission agency & industry -- R&D cooperation : university & industry -- Scientific research techniques -- Funding disciplinary science -- Targeted basic research cooperation : university & industry -- University & new ventures -- Technology discontinuities & creative destruction -- Summary : cooperative science & technology policy
"This book aims to explore stability in an international financial system using disequilibrium theory. It examines historical cases of both instability and stability and reviews price-disequilibrium theory to construct a theoretical model for a stable international financial system. In the modern knowledge economy in a global world, financial socio-technical systems still continue to be central to global commerce. Moreover, technological advances in computer and communications have changed both the knowledge economy and the financial system. While globalization and technology have made international finance more powerful and important to knowledge economies, they have also increased the volatility, instability, and fraudulent use of international finance. The international world has not experienced a long-term, stable financial system after 1913. International financial systems have been periodically unstable, triggering financial crises and resultant economic depressions in different nations. Yet the global economy cannot develop properly without a stable international system, which distributes wealth to economically productive activities. How then can a stable and modern international-financial-system be constructed? In this provocative volume, the authors applies the cross-disciplinary analysis of societal dynamics to important economic writers to derive a new approach to the problem of stabilizing international financial systems."--Publisher's description.
The purpose of proper strategic thinking is to eliminate top-down only communication that leads to the wishful thinking way of organizational strategy. Strategic thinking is necessary at every level of an organization. This book uses actual histories of business successes and failures to illustrate theoretical concepts in strategic thinking.
Bank panics have always mattered because they create serious disruptions in economic and financial activity, depressing national economies. But they matter even more now, as information and communications technologies have stitched together a global financial system that is more vulnerable to crisis on a large scale. For example, the global bank panic of 2007-08 froze up the national economies of the U.S. England, France, Iceland, Ireland, and Germany - all at the same time. And each of their governments had to act to bail out their own banks, without a consistent international regulatory fram
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At both a micro-information level and a macro-societal level, the concepts of "knowledge" and "wisdom" are complementary - in both decisions and in social structures and institutions. At the decision level, knowledge is concerned with how to make a proper choice of means, where "best" is measured as the efficiency toward achieving an end. Wisdom is concerned with how to make a proper choice of ends that attain "best" values. At a societal level, knowledge is managed through science/technology and innovation. And while science/technology is society's way
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"Frederick Betz is one of the original creators of "technology management" and was Director of the TM program at the NSF. His first book on Management of Technology published by Prentice Hall 16 years ago has been acknowledged as setting the foundation for the subject. Betz further helped crystalize the field of technology management and the management of innovation with the first two editions of Managing Technological Innovation. With this third edition he will bring the subject inline with current business strategy. This edition will present information in a newer organized format that aligns more closely with how the topics are presented and discussed in the classroom. Planned for inclusion will be a greater discussion of how science and technology interact with the global economy"--
From a cross-disciplinary social science perspective, it is evident that financial and economic development is not a matter simply of a propern social structure (e.g., Laissez-faire free-market) but also requires good individual leadership (competence and honesty). Financial systems require both structure and leadership, despite some economic scholars holding to the idea of an economic structural mechanism of a 'perfect market'. However, good leadership and proper societal structure together is not a simple process, nor certainly obtained, as empirically there are no societal 'mechanisms'. A case, such as Libor, clearly illustrated the importance of both structure and leadership in the proper operation of societal systems. Bad leadership can corrupt a societal structure; and a corrupt societal structure can enable bad leadership. The case of Libor provides empirical evidence for the social science proposition that a financial system requires both proper government regulation and integrity in private sector operations. But this is not easily achieved in societies of self-organizing systems. We apply a cross-disciplinary framework of systems dynamics to analyze the Libor event, as a kind of challenge in the control of self-organizing societies, which are facilitated by information technology processes.