
Innovation, Catch-up and Sustainable Development
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The presented contributions show the broadness and high standard of Schumpeterian analysis. The ideas of dynamics, heterogeneity, novelty, and innovation as well as transformation are the most attractive fields in economics today and offer the most prolific interdisciplinary connections now and for the years to come when humankind, our global society, has to master the transition towards sustainable economic systems by solving the grand challenges and wicked problems with which we are confronted today.
Therefore, the book is a must-read for scholars, researchers, and students, interested in a better understanding of innovation, catch-up, and sustainability, and Schumpeterian economics in general.
The chapter "Industrial life cycle: relevance of national markets in the development of new industries for energy technologies - the case of wind energy" is available open access under a CC BY 4.0 License via link.springer.com.
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Persons
Keun Lee is a Professor of Economics at the Seoul National University, Republic of Korea, and the winner of the 2014 Schumpeter Prize. He served as the President of the International Schumpeter Society (2016-18), is a member of the Committee for Development Policy of UN (2014-18), and a council member of the World Economic Forum since 2016. He obtained his Ph.D. in economics from the University of California, Berkeley.
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