Jump to ContentJump to Main Navigation
Openness to Creative DestructionSustaining Innovative Dynamism$
Users without a subscription are not able to see the full content.

Arthur M., Jr. Diamond

Print publication date: 2019

Print ISBN-13: 9780190263669

Published to Oxford Scholarship Online: June 2019

DOI: 10.1093/oso/9780190263669.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 22 November 2019

Innovation Bound or Unbound by Culture and Institutions

Innovation Bound or Unbound by Culture and Institutions

Chapter:
(p.127) 9 Innovation Bound or Unbound by Culture and Institutions
Source:
Openness to Creative Destruction
Author(s):

Arthur M. Diamond Jr.

Publisher:
Oxford University Press
DOI:10.1093/oso/9780190263669.003.0009

The right culture, institutions, and policies all can encourage innovative dynamism. Heroes inspire cultural values of courage, perseverance, hard work, and tolerance. Religion enables innovative dynamism when it reduces violence and encourages respect for property. Religion constrains innovative dynamism when it limits questioning, as often occurs in hierarchical religions that emphasize faith. The Founding Fathers owed more to the tolerance of the Dutch of New Amsterdam, and to the trial-and-error experimentation of Galilean science, than they did to the religious fervor of the Pilgrims. Innovative dynamism often flourishes where institutions such as the rule of law, property rights, and the city enable diversity, collaboration, and a robustly redundant labor market. North and South Korea shared a culture, but through different institutions and policies, have diverged in innovation. Because policies matter, and we know best how to change them, policy reforms should be the focus of efforts to enhance innovative dynamism.

Keywords:   innovation culture, innovation institutions, innovation policies, intolerant religious hierarchy, rule of law, property rights, New Amsterdam, Founding Fathers religion, trial-and-error experiments, Founding Fathers science

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .