nep-pke New Economics Papers
on Post Keynesian Economics
Issue of 2008‒09‒05
three papers chosen by
Karl Petrick
University of the West Indies

  1. Social Economy and Social Economics –The Situation in the Republic of Ireland By Herrmann, Peter
  2. Social Quality and Precarity: Approaching New Patterns of Societal (Dis)Integration By Herrmann, Peter; van der Maesen, Laurent J.G.
  3. Emergent Innovation and Sustainable Knowledge Co-creation. A Socio-Epistemological Approach to “Innovation from within” By Peschl, Markus F.; Fundneider, Thomas

  1. By: Herrmann, Peter
    Abstract: The Paper gives a brief overview over the social economy in Ireland, presenting this against the background of the countries history and social structure
    Keywords: Social economy; Ireland
    JEL: L30 P40 L20 D20 A10 H00 J20 J40 J00 D60 E20
    Date: 2008
  2. By: Herrmann, Peter; van der Maesen, Laurent J.G.
    Abstract: The main issue of this article is to discuss the question of ‘precarity’ in the context of the theory of social quality (see Beck et al, 2001), with which to pave the way for developing further the theoretical foundation of precarity. Societal practice is the main challenge this concept tries to address. However, the danger is to introduce a new term, yet maintaining a discussion on traditional problems as poverty, marginalisation and exclusion. Our thesis is that these problems, far from being sufficiently tackled, are currently going along with and being adjunct to another challenge, namely precarity. Although the ‘old problems’ are not problems of individuals and expression of their ‘personal failure’, precarity – seen in the context of the theory of social quality – means a new stage of socialisation of the problems by further individualisation of the victims. In principle, we can say that this understanding of precarity is an expression of a further erosion of society, characterising especially periods of transformation of economic systems.
    Keywords: Social Quality; Precarity; Social Exclusion; Social Disintegration; Social Policy
    JEL: I30 I31 D90 Z13 H70 J40 J00 B20 I00 H80 B24 D50 I0 D30 L10 B30 H00 B00 A10 I32 A30 I39 H40 B40 J10 I38 D60
    Date: 2008–01
  3. By: Peschl, Markus F.; Fundneider, Thomas
    Abstract: Innovation has become one of the most important issues in modern knowledge society. As opposed to radical innovation this paper introduces the concept of Emergent Innovation: this approach tries to balance and integrate the demand both for radically new knowledge and at the same time for an organic development from within the organization. From a more general perspective one can boil down this problem to the question of how to cope with the new and with profound change (in knowledge). This question will be dealt with in the first part of the paper. As an implication the alternative approach of Emergent Innovation will be presented in the second part: this approach looks at innovation as a socio-epistemological process of “learning from the future” in order to create (radically) new knowledge in a sustainable and “organic” manner. Implications for knowledge society will be discussed.
    Keywords: Knowledge society; (radical vs. incremental) innovation; emergent innovation; knowledge creation; change
    JEL: Q55 O32 D83 O31 O3
    Date: 2008–09

This nep-pke issue is ©2008 by Karl Petrick. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
General information on the NEP project can be found at For comments please write to the director of NEP, Marco Novarese at <>. Put “NEP” in the subject, otherwise your mail may be rejected.
NEP’s infrastructure is sponsored by the School of Economics and Finance of Massey University in New Zealand.