The Economics of Creative Destruction : : New Research on Themes from Aghion and Howitt / / / ed. by Ufuk Akcigit, John Van Reenen.

• Superior document: Title is part of eBook package: De Gruyter EBOOK PACKAGE Business and Economics 2023 English
• MitwirkendeR: Aghion, Philippe,; Akcigit, Ufuk,; Ates, Sina T.,; Baslandze, Salomé,; Bergeaud, Antonin,; Besley, Timothy,; Bilal, Adrien,; Blundell, Richard,; Bombardini, Matilde,; Boppart, Timo,; Celik, Murat Alp,; Cette, Gilbert,; Choné, Philippe,; Cutinelli-Rendina, Olimpia,; Dechezleprêtre, Antoine,; Engbom, Niklas,; Fuglesang, Christer,; Gilbert, Richard,; Griffith, Rachel,; Hassler, John,; Haughey, Alexis,; Howitt, Peter,; Hémous, David,; Jackson, Matthew O.,; Jaravel, Xavier,; Jones, Charles I.,; Kalemli-Özcan, Şebnem,; Kolev, Julian,; Kramarz, Francis,; Lecat, Rémy,; Li, Huiyu,; Macron, Emmanuel,; Mayerowitz, Antoine,; Melitz, Marc J.,; Mokyr, Joel,; Mongey, Simon,; Murray, Fiona,; Persson, Torsten,; Peters, Michael,; Phelps, Edmund S.,; Redding, Stephen J.,; Reenen, John Van,; Riis, Christian,; Riis, Erlend,; Roland, Gérard,; Saffie, Felipe,; Skans, Oskar Nordström,; Stantcheva, Stefanie,; Stern, Nicholas,; Stern, Scott,; Tagade, Abhijit V.,; Toivanen, Otto,; Trebbi, Francesco,; Van Reenen, John,; Violante, Giovanni L.,
• HerausgeberIn: Akcigit, Ufuk,; Trebbi, Francesco,
• Author: Violante, Giovanni L.,; Zilibotti, Fabrizio,
• Place / Publishing House: Cambridge, MA : : : Harvard University Press, , [2023]; ©2023
• Year of Publication: 2023
• Language: English
• Physical Description: 1 online resource (688 p.)

A stellar cast of economists examines the roles of creative destruction in addressing today's most important political and social questions.Inequality is rising, growth is stagnant while rents accumulate, the environment is suffering, and the COVID-19 pandemic exposed every crack in the systems of global capitalism. How can we restart growth? Can our societies be made fairer? Editors Ufuk Akcigit and John Van Reenen assemble a world-leading group of social scientists and theorists to consider these questions and, in particular, how ideas about the economics of creative destruction may help solve the problems we face.Most closely associated with Joseph Schumpeter, formalized by Philippe Aghion and Peter Howitt in the 1990s, the idea of innovation as creative destruction has become foundational in economics, reaching into almost every corner of the discipline-both theoretically and empirically. Now, at a time of rapid and disorienting change, is an opportune moment to pull the disparate strands of research together to assess what has been learned and continue an intellectual project that can aid economic decision-making in the decades to come.The cutting-edge work in The Economics of Creative Destruction focuses on innovation and growth. Contributors offer illuminating insights into monopoly and inequality, the nature of the social safety net, climate change, and the ups and downs of regulation. Collectively, they suggest that governance has a role to play in capitalism, maximizing its benefits and minimizing its risks.

Table of Contents

Frontmatter -- Contents -- Foreword -- Introduction -- Chapter 1 Innovation and Growth Policy -- Chapter 2 Creative Destruction and Economic Growth -- Chapter 3 Product Market Competition, Creative Destruction, and Innovation -- Chapter 4 Innovation, Antitrust Enforcement, and the Inverted-U -- Chapter 5 Innovation Networks and Business-Stealing -- Chapter 6 Trade and Innovation -- Chapter 7 Inequality and Creative Destruction -- Chapter 8 Labor Market Dynamics When Ideas Are Harder to Find -- Chapter 9 When Workers' Skills Become Unbundled: Some Empirical Consequences for Sorting and Wages -- Chapter 10 Productivity Slowdown: Reducing the Measure of Our Ignorance -- Chapter 11 Productivity Growth and Real Interest Rates: A Circular Relationship -- Chapter 12 The Depth and Breadth of the Step-by- Step Innovation Framework -- Chapter 13 Harnessing Creative Destruction to the Tackling of Climate Change: Purpose, Pace, Policy -- Chapter 14 Science as Civil Society: Implications for a Green Transition -- Chapter 15 Climate Policy in Need of Plan B -- Chapter 16 Directed Technical Change and Environmental Economics -- Chapter 17 Creative Destruction, Distance to Frontier, and Economic Development -- Chapter 18 Socialism, Capitalism, State Capitalism, and Innovation -- Chapter 19 Lobbying behind the Frontier -- Chapter 20 Barriers to Creative Destruction: Large Firms and Nonproductive Strategies -- Chapter 21 Finance and Growth: Firm Heterogeneity and Creative Destruction -- Chapter 22 Creative Destruction, Finance, and Firm Dynamics -- Chapter 23 Taxation, Innovation, and Economic Growth -- Chapter 24 The Effects of Taxes on Innovation: Theory and Empirical Evidence -- Chapter 25 Of Academics and Creative Destruction: Startup advantage in the Process of Innovation -- Chapter 26 Creative Destruction or Destructive Creation? A Prelude to the Industrial Revolution -- Conclusion: The Promise of the Creative Destruction Paradigm -- Index