Potts, Jason

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Innovation is among the most important topics in understanding economic sustained economic growth. Jason Potts argues that the initial stages of innovation require cooperation under uncertainty and draws from insights on the solving of commons problems to shed light on policies …

This work explores the institutional conditions of the origin of innovation, arguing that prior to the emergence of competitive entrepreneurial firms and the onset of new industries is a little-understood but crucial phase of cooperation under uncertainty: the innovation commons.

This work explores the institutional conditions of the origin of innovation, arguing that prior to the emergence of competitive entrepreneurial firms and the onset of new industries is a little-understood but crucial phase of cooperation under uncertainty: the innovation commons.

This book presents a new theory of what happens at the very early stages of innovation. It describes how a new technology is transformed into an entrepreneurial opportunity and becomes the origin of economic growth. The surprising answer is cooperation. The origin of innovation …