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Category: Innovation

The global green shift

By Jan Fagerberg Posted on 17/01/2023 Posted in Climate Change, Economic Growth, Innovation, Renewable Energy

Economic development is a process of constant change, driven by innovation. Such changes  challenge the positions of existing firms, forcing them to adapt, but also provide opportunities that firms of all types, including new entrepreneurial ventures, may exploit. A similar …

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How solar energy became cheap

By Jan Fagerberg Posted on 06/09/2022 Posted in Innovation, Renewable Energy

Not long ago solar energy was regarded as too expensive to be of interest for mainstream energy markets. Since then costs have declined dramatically, and the IEA – once the darling of nuclear and fossil fuel industries – now points …

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A Guide to Schumpeter

By Jan Fagerberg Posted on 28/03/2008 Posted in Innovation

Josef Schumpeter was born in 1883 in the then Austrian empire and died in 1950 in the United States. He grew up in Vienna around the turn of the century and studied law and economics there. During the early part …

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