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GRK 1411:  The Economics of Innovative Change

Subject Area Economics
Term from 2006 to 2015
Project identifier Deutsche Forschungsgemeinschaft (DFG) - Project number 20107300
 
The economic development and the dynamics of economies are largely driven by the intentional generation of new modes of production and consumption. In that process traditional economic activities lose importance or disappear. This is inseparably connected to the continuous change of the structure of economic activities, accompanied by changes of employment, the structure of qualification, the propensity and the possibilities of investment, welfare and income distribution.
Against this background the Research Training Group addresses unresolved questions and problems concerning the economic dynamics of firms, markets, sectors and regions with an analytical focus on the endogenous driving forces. These are to be understood as the activities of invention and innovation, primarily leading to technological innovations and additionally to organisational innovations, new business models, change and development of consumer preferences and institutional change. This opens up a variety of unresolved problems, concerned with the sources and the characteristic patterns of technological and economic development.
Moreover, structural change is addressed, conceived as the direct and indirect as well as the intended and unintended differential changes of firms, markets, sectors, regions and institutions.
Applying theoretical, empirical and experimental methods, the Research Training Group comprises three closely related research clusters that are concerned with the generation of innovations, the dynamics and manifestation of innovative change and its effects, including its policy dimension. The variety of topics that is dealt with covers the foundations of individual behaviour and the economic and institutional environment, the generation of innovations together with the organisational forms of activities of invention and innovations, the change of the sectoral structures caused by innovations, the role of the demand side in this context, as well as the political management of change in the form of encouragement of innovations and the care for the balance between winners and losers. These research clusters are supported by additional projects that develop analytical and empirical methods for the analysis of innovation driven change or modify existing ones appropriately.
DFG Programme Research Training Groups
Applicant Institution Friedrich-Schiller-Universität Jena
 
 

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