A general model of the innovation - subjective well-being nexus

被引：0
作者：
Hans-Jürgen Engelbrecht
机构：
[1] Massey University,School of Economics and Finance, College of Business
来源：
Journal of Evolutionary Economics | 2014年 / 24卷
关键词：
Innovation; Subjective well-being; Knowledge-based economies; General model; Policy; O30; B52; D60;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
A model of the innovation – subjective well-being (SWB) nexus is needed to advance our understanding of the welfare implications of innovation. Building on an earlier contribution by Swann (G. M. Peter Swann, 2009, The Economics of Innovation, Edward Elgar, Cheltenham, UK), I first assemble the major building blocks of such a model and then discuss some of the many potential linkages between them. A central feature is the inclusion of multiple SWB impacts of processes as well as of outcomes. Some general issues that would have to be addressed in any empirical application are also discussed. SWB impacts are to be used as an additional indicator in the assessment of innovation, not as something to be maximised. By taking SWB into account, new insights might emerge that could result in either strengthening or modifying existing innovation policies, or in novel policies.
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页码：377 / 397
页数：20
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