Economic and Social Benefits of Innovation, Modernization and Discovery

This volume explores the role, value and impact of innovation on national and regional economy and human capital.

Economics of R&D and innovation as well as expedited implementation of discoveries and innovation have proven to profoundly impact human capital and development.

Disparities across economies, industries and markets are largely determined by the rate of adopting and assimilating innovation.

Contributed research focuses on dilemmas of reforming and the effect of competition on innovation, technology, policies, governance, and, therefore, human capital.

In accordance with this theme, the chapters investigate the impact of innovation, including information infrastructures and standards, on life-cycle logistics, functional obsolescence, productivity, business performance, safety, occupational and environmental health, health care delivery and utilization, technical and practice barriers to innovation, and policy decision-making.