The locust and the bee: predators and creators in capitalism's future

Geoff Mulgan interviewed by Romesh Vaitilingam, 11 Apr 2014

Geoff Mulgan talks to Romesh Vaitilingam about his recent book, 'The Locust and the Bee: Predators and Creators in Capitalism's Future'. Mulgan suggests that the economic crisis was a dramatic reminder that capitalism can both produce and destroy, but that it also provides a historic opportunity to choose a radically different future for capitalism - one that maximizes its creative power yet minimizes its destructive force. They discuss the importance of social innovation and the creative economy. The interview was recorded in May 2013.

Listen

Unfortunately the file could not be found.

Open in a pop-up window Open in a pop-up window

Download

Download MP3 File (11.2MB)

a

A

See Also

Mulgan, G (2014) The Locust and the Bee: Predators and Creators in Capitalism's Future. Princeton University Press 

Transcript

View Transcript

Topics: Politics and economics
Tags: financial crisis, innovation, political uncertainty

Internationalisation and innovation of firms: Give them one roof

Carlo Altomonte, Tommaso Aquilante, Gábor Békés, Gianmarco I.P. Ottaviano, 21 March 2014

a

A

Policymakers traditionally have attempted to encourage internationalisation based on the implicit rationale that the latter is associated with productivity and/or employment growth. At the same time, since innovation is the key driver of productivity growth, much attention has been devoted to the specific channels through which trade and innovation are linked (see Aiginger 2011).

Topics: Productivity and Innovation
Tags: innovation, internationalisation, productivity growth

Offshoring and its effects on innovation in emerging economies

Ursula Fritsch, Holger Görg, 23 September 2013

a

A

Most empirical studies of the impact of outsourcing on firms look at industrialised countries. However, outsourcing is also common in emerging economies, and firms in middle-income countries split up their production processes similarly to firms in developed countries (see figures in Miroudot et al. (2009) on trade in intermediates).

Topics: International trade, Productivity and Innovation
Tags: emerging markets, innovation, international trade, offshoring, outsourcing, R&D, technology transfer

Creativity, cities and innovation

Neil Lee, Andrés Rodríguez-Pose, 24 August 2013

a

A

The creative industries are seen as an economically important source of innovation in many developed countries. Definitions vary, but the creative industries are normally seen as including both obviously ‘creative’ sectors, such as the arts, and more mundane activity like software or publishing.

Topics: Productivity and Innovation
Tags: creative industries, innovation

The global race for inventors

Carsten Fink, Ernest Miguelez, Julio Raffo, 17 July 2013

a

A

Many countries are currently debating and reforming their immigration policies. One prominent question in these discussions is how to attract skilled workers that can ease domestic skills shortages and foster innovation and entrepreneurship.

Topics: Migration, Productivity and Innovation
Tags: innovation, inventors, migration, patents

The origins of entrepreneurship and innovation clusters

Aaron Chatterji, Edward Glaeser, William Kerr, 4 June 2013

a

A

For decades, the conventional wisdom among local officials pursuing employment growth was to attract a large firm to relocate. ‘Smokestack chasing’ often leads to zero-sum games where regional governments bid against each other to provide substantial incentives to large companies making location choice decisions (e.g. Greenstone et al. 2010).

Topics: Industrial organisation
Tags: entrepreneurship, innovation

Do patent rights impede follow-on innovation?

Alberto Galasso, Mark Schankerman, 14 May 2013

a

A

The patent system is one of the main instruments governments use to increase research and development incentives, while at the same time promoting follow-on innovation. However, there is growing concern among academic scholars and policy makers that patent rights are themselves becoming an impediment, rather than an incentive, to innovation.

Topics: International trade, Productivity and Innovation
Tags: innovation, patents

The architecture of innovation

Josh Lerner interviewed by Romesh Vaitilingam, 21 Mar 2013

Josh Lerner of Harvard Business School talks to Romesh Vaitilingam about his book "The Architecture of Innovation: The Economics of Creative Organizations". They discuss a variety of issues around the challenges of innovation, including corporate venturing, venture capital-based enterprises, patents and public investment in science. The interview was recorded in Washington, DC, at the annual meeting of the Toulouse Network on Information Technology in September 2012.

Listen

Unfortunately the file could not be found.

Open in a pop-up window Open in a pop-up window

Download

Download MP3 File (10.8MB)

a

A

Transcript

View Transcript

Topics: Industrial organisation, Productivity and Innovation
Tags: corporate venturing, innovation, venture capital

Avoiding middle-income growth traps

Pierre-Richard Agénor, Otaviano Canuto, Michael Jelenic, 21 December 2012

a

A

In the postwar era, many countries have managed to quickly reach middle-income status, but few have gone on to become high-income economies1. Rather, after an initial period of rapid ascent, many countries have experienced a sharp slowdown in growth and productivity, falling into what has been called a ‘middle-income trap’:

Topics: Development, International trade, Labour markets, Productivity and Innovation
Tags: income, innovation, investment, labour market reform, middle income

Are the Nordic countries really less innovative than the US?

Mika Maliranta, Niku Määttänen, Vesa Vihriälä, 19 December 2012

a

A

The cut-throat versus cuddly capitalism distinction (Acemoglu et al. 2012) resonates with widely-held stereotypes. The US is a ‘mean streets’ sort of place to live but the law of the jungle approach to capitalism produces breakthrough innovations.

Topics: Productivity and Innovation
Tags: innovation, Nordic, taxation, US

Vox eBooks

Events