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Innovation CommonsThe Origin of Economic Growth$
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Jason Potts

Print publication date: 2019

Print ISBN-13: 9780190937492

Published to Oxford Scholarship Online: August 2019

DOI: 10.1093/oso/9780190937492.001.0001

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We Innovate Together

We Innovate Together

Chapter:
(p.1) 1 We Innovate Together
Source:
Innovation Commons
Author(s):

Jason Potts

Publisher:
Oxford University Press
DOI:10.1093/oso/9780190937492.003.0001

This chapter introduces the economic problem of the origin of innovation. It observes that we don’t really understand the origins of innovation very well, particularly the origin of entrepreneurship. It points out that this is a weakness for innovation theory, and particularly Schumpeterian or evolutionary economic theory, as well as for innovation policy that is built upon such frameworks. Introducing the meaning of a commons, the chapter connects this to the innovation problem, working through several stories about the origin of innovation in terms of mountain bikes, computers, and modern science. It also discusses the role of group formation and governance in this early stage process.

Keywords:   innovation commons, innovation problem, cooperation, entrepreneurship, group formation, governance

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