Is novelty always a good thing? Towards an evolutionary welfare economics

Schubert, Christian

doi:10.1007/s00191-011-0257-x

Cited by 70 publications

(20 citation statements)

References 90 publications

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“…From the beginning of the twenty-first century several researchers from different fields have begun combining the insights of Amartya Sen and Joseph Schumpeter to provide a more comprehensive picture on the evolutionary character of development (Binder 2010;Schubert 2012), the agency and learning capabilities of people (e.g. Arocena and Sutz 2005) and the establishment of prolific innovation systems in developing countries (e.g.…”

Section: Towards a 'Sen Meetsmentioning

confidence: 99%

“…Oosterlaken and Hoven 2012; Oosterlaken 2013); • systems of innovation and development (Johnson et al 2003;Arocena and Sutz 2005;Lundvall et al 2011;Capriati 2013); and • evolutionary welfare economics (Binder 2010;Schubert 2012).…”

Section: Contributions and Challenges Of Linking Approachesmentioning

confidence: 99%

“…Another valuable approach has been made by a group of researchers from the Max-Planck Institute for Evolutionary Economics, who aim to introduce a dynamic perspective into welfare economics which takes into account the fact that preferences and needs of people substantially change over time (Binder 2010;Schubert 2012). They show, for instance, how different human capabilities, such as education and health, co-evolve over time (Binder andCoad 2010a, 2010b) and how innovation should address changing consumer needs (Schubert 2012). All of these approaches make essential contributions in bringing innovation and human development together.…”

Section: Contributionsmentioning

confidence: 99%

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Economic Complexity and Human Development

Hartmann¹

2018

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This book combines the human development approach with innovation economics to explore the effects that structural economic change has on human development. While economic diversification can provide valuable new social choices and capabilities, it also tends to lead to more complex decision processes and changes to the set of capabilities required by people to self-determine their future. Within this process of structural transformation, social networks are crucial for accessing information and social support, but networks can also be a root cause of exclusion and inequality reproduction. This implies the need to encourage innovation and economic diversification beyond production expansion, focusing on the promotion of human agency and social inclusion. This book provides such a modern perspective on development economics, emphasizing the role of social networks, economic diversity and entrepreneurship for social welfare. The author discusses how innovation, social networks, economic dynamics and human development are interlinked, and provides several practical examples of social and micro-entrepreneurship in contexts as diverse as Peruvian rural villages and Brazil's urban areas. The interdisciplinary perspective put forward in this book illustrates theoretical and methodological methods of exploring the complexity of development in a practical and relevant way. It also provides useful information about structural factors which need to be considered by practitioners when designing pro-poor growth policies. Furthermore, the coverage of the core concepts of innovation, networks and development economics, enriched with multiple examples, makes it a valuable resource for scholars and advanced students of modern development economics.

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Section: Towards a 'Sen Meetsmentioning

confidence: 99%

Section: Contributions and Challenges Of Linking Approachesmentioning

confidence: 99%

Section: Contributionsmentioning

confidence: 99%

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Economic Complexity and Human Development

Hartmann¹

2018

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“…Harrisson, Szell, and Bourque (2009) claim that innovation is the change that is introduced and supported by a network of people who have different skills and knowledge and who work together while pursuing a precise goal. In Schubert (2012), subjectivity is proposed as an important issue to consider. People can sense innovation and have different reactions to it; thus, uncertainty is an additional item to consider.…”

Section: Introductionmentioning

confidence: 99%

Definition and quantification of innovation in interaction

Filippi

Barattin

2015

International Journal of Design Creativity and Innovation

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A method for determining which product is more innovative than others and for determining the degree of innovation could be useful. Furthermore, such determination could focus on human-machine interaction. Based on a set of trends of evolution in interaction and on existing methods for the definition and quantification of innovation and related concepts, this research defines and quantifies innovation in interaction. This approach can help designers select the most innovative solution concepts and can help marketing experts establish their selling strategies; in addition, final users can be aided when choosing the best product to buy. This paper describes the definition of new metrics that focus on interaction in conjunction with a computational pipeline that uses these metrics to assess the presence and degree of innovation in interaction. An early validation of the results in the field is reported as well

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“…Nevertheless, the relevant works which can be aligned to economic analysis of law do not have an evolutionary basis [3]. Although evolutionary analysis of tax law also forms part of an evolutionary economic policy, the approaches presented here do not relate to taxation [4] [5]. In addition, evolutionary analysis of tax law is a component of tax research.…”

Section: Introductionmentioning

confidence: 99%

Evolutionary Analysis of Tax Law: A Methodological Approach

Schmiel¹

2016

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The present paper conceptualizes a methodology of an evolutionary tax law analysis from a critical rationalist perspective. This methodology has the following characteristics: We interpret tax rules as means to achieve tax goals. Means-end-statements have an ethical and an empirical dimension. The ethical dimension implies that tax goals and tax rules and their secondary effects must be compatible with the aims of market economy regulation. The empirical dimension includes the question if tax goals are realizable and if tax rules cause secondary effects. To answer this question, we need evolutionary hypotheses of tax effects. A quasi-nomological hypothesis regarding the evolutionary effects of taxation is as follows: "If taxation changes the rank order of the relevant decision-making options according to the actors' subjectively rational decision criteria, they decide differently if they take taxes into account than they would if they did not". From an evolutionary point of view, freedom of choice and equality before the law are the contributions of a market economy to the common good. In our opinion, equability of taxation is compatible with the market economy goals "freedom of choice" and "equality before the law". Equability of taxation, however, implies in principle decreasing such decision-making effects of taxation which reduce the explicit tax payment burden (in relative terms). These decision-making effects are designated here as tax avoidance decisions. We need the evolutionary tax effects framework mentioned above in order to develop tax rules which decrease such tax effects. By way of contrast, tax rules that induce or accept tax avoidance decisions conflict with equability of taxation. Such rules are sometimes driven by social goals. Thus, we have to analyze such rules from an evolutionary perspective with regard to their justification, feasibility and proportionality.

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Is novelty always a good thing? Towards an evolutionary welfare economics

Cited by 70 publications

References 90 publications

Economic Complexity and Human Development

Economic Complexity and Human Development

Definition and quantification of innovation in interaction

Evolutionary Analysis of Tax Law: A Methodological Approach

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