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Innovation and their risks

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F01801376%3A_____%2F20%3AN0000031" target="_blank" >RIV/01801376:_____/20:N0000031 - isvavai.cz</a>

  • Alternative codes found

    RIV/61384399:31130/20:00056196

  • Result on the web

    <a href="https://msed.vse.cz/msed_2020/sbornik/toc.html" target="_blank" >https://msed.vse.cz/msed_2020/sbornik/toc.html</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Innovation and their risks

  • Original language description

    J.A. Schumpeter laid the foundations of the scientific theory of innovation in his work Business Cycles (1939). Schumpeter's theory of innovation is linked to long-cycle theory. F. Valenta is an important Czech theoretician of innovation. The innovation is not uniformly promoted in economies, but in clusters. The introduction of innovation reflects the different phases of economic cycles. Individual innovations are not of the same importance; there is a hierarchy of orders of innovation. The highest order is represented by basic innovations. It is generally accepted that innovation has all the positive effects. They lead to an increase in the productivity of production factors and increase the efficiency of economic processes. But with the advent of globalization, the negative effects of innovation are increasingly gaining ground. The expected arrival of the economy 4.0 will have a severe impact on labour markets and may lead to greater economic, social and technical disparities between regions of the world.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    50602 - Public administration

Result continuities

  • Project

  • Continuities

    N - Vyzkumna aktivita podporovana z neverejnych zdroju

Others

  • Publication year

    2020

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    International Days of Statistics and Economics

  • ISBN

    978-80-87990-22-3

  • ISSN

  • e-ISSN

  • Number of pages

    11

  • Pages from-to

  • Publisher name

    Melandrium

  • Place of publication

    Slaný

  • Event location

    Praha

  • Event date

    Sep 10, 2020

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article