nep-cul New Economics Papers
on Cultural Economics
Issue of 2006‒04‒01
two papers chosen by
Roberto Zanola
Universita degli Studi del Piemonte Orientale

  1. New York City’s Role as a Global Hub in the Contemporary Art Market - A Qualitative Analysis on Driving Forces and Success Factors By Valentin Kenndler
  2. Review of Theories of Invention and Innovation By Kaiserfledt, Thomas

  1. By: Valentin Kenndler
    Date: 2006–03–23
  2. By: Kaiserfledt, Thomas (CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology)
    Abstract: This paper review existing theories of invention and innovation putting them at the center of the understanding of cultural change. After a survey of different categories of inventions and innovations, it introduces a taxonomy relying on the origins of invention and innovation highligting individual qualities, social invironments, resources access and incentives for problem solving. Following this taxonomy, different theories are analyzed and compared. Features of theories are evaluated with respect to their explanatory power. Conclusively. historical trends of theories are outlined as well as some preliminary results ragarding different points of directionss of existing theories.
    Keywords: Innovation theory; innovation; invention
    JEL: B00
    Date: 2006–03–28

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