Rainer Kattel - Böcker

WINNER OF THE ACADEMY OF MANAGEMENT'S 2023 GEORGE R. TERRY BOOK AWARDA groundbreaking account which shows how the public sector must adapt, but also persevere, in order to advance technology and innovation  From self-driving cars to smart grids, governments are experimenting with new technologies to significantly change the way we live. Innovation has become vitally important to states across the world.  Rainer Kattel, Wolfgang Drechsler, and Erkki Karo explore how public bodies pursue innovation, looking at how new policies are designed and implemented. Spanning Europe, the USA and Asia, the authors show how different institutions finance new technologies and share cutting-edge information. They argue for the importance of “agile stability,” demonstrating that in order to successfully innovate, state organizations have to move nimbly like start-ups and yet ensure stability at the same time. And that, particularly in the light of the Covid-19 pandemic, governments need both long-term policy and dynamic capabilities to handle crises.  This vital account explores the complex and often contradictory positions of innovating public bodies—and shows how they can overcome financial and political resistance to change for the good of us all.

2017 marked the seventy-fifth anniversary of Schumpeter’s Capitalism, Socialism and Democracy, a work acknowledged as one of the most insightful books written in the twentieth century. It retains a contemporary quality, and still invites criticisms, new interpretations, and extensions and across disciplines.This book, in addition to re-examining Schumpeter’s seminal work and undertaking a twenty-first-century update of its main themes, brings together leading social scientists to provide contemporary amendments, extensions – or eventually refutations – of key elements of Schumpeter’s vision and thesis. Issues covered include a new take on creative destruction, the contours of a theory of innovative enterprise, finance and financialisation, a critique of the secular stagnation thesis, Schumpeter’s contributions to a theory of the entrepreneurial state, his conception of socialism and its current relevance for understanding the 'China model' as well as a rekindling of his democracy thesis for our times. Bringing together leading international contributors, this book provides fresh perspectives on ideas that continue to be hugely relevant to contemporary social sciences and a guide for understanding the current tensions among capitalism, the state and democracy. These chapters will be of interest to economists, social scientists and anyone with an interest in modern capitalism.

‘Techno-Economic Paradigms’ presents a series of essays by the leading academics in the field discussing one of the most interesting and talked-about socio-economic theories of our times, 'techno-economic paradigm shifts', and its role in explaining processes of innovation and development. This festschrift honours Carlota Perez, founder of the theory of 'techno-economic paradigm shifts'.

‘Ragnar Nurkse (1907-2007): Classical Development Economics and its Relevance for Today’ presents a selection of papers that casts new insight on Nurkse’s thought, and discusses his relevance for today, in light of the renewed interest in Nurkse amongst development economists. The volume also celebrates the 100th anniversary of this profoundly important thinker’s birth.

‘Ragnar Nurkse, Trade and Development’ is a timely reprint of Nurkse’s most important works, given the renewed interest in his writings amongst development economists, who are turning to this pioneering thinker in search for new inspiration. This volume aims to make his rarely published works available for an audience of economists, policy makers, researchers and students.

This book argues that the current international intellectual property rights regime, led by the World Trade Organization (WTO), has evolved over the past three decades toward overemphasizing private interests and seriously hampering public interests in access to knowledge and innovation diffusion. This approach concentrates on tangible and codified knowledge creation and diffusion in research and development (R&D) that can be protected via patents and other intellectual property rules and regulations. In terms of global policy initiatives, however, it is becoming increasingly clear that the WTO in particular is mostly a conflict-resolution facility rather than a global governance body able to generate cooperation and steer international coordinated policy action. At the same time, rent extraction and profits streaming from legal hyperprotection have become pervasively important for firm strategies to compete in a globalized marketplace. “Knowledge Governance: Reasserting the Public Interest” offers a novel approach – knowledge governance – in order to move beyond the current regime.

This insightful book examines the public value aspects of Non-Western Public Administration (NWPA) and establishes the presence of Islamic Public Administration in NWPA. It investigates how Islamic institutions across state, local, and community levels collaborate to meet societal needs, foster inclusion, and enhance public value.Renowned experts propose faith-based perspectives to the field of public value and present diverse research into the relationship between religion and public administration. Chapters discuss Islamic indigenous governance institutions as functional examples of Islamic public administration and as existing alternatives to dominant global-Western models. They highlight historical cases of Islamic governance and administration that demonstrate practical approaches and solutions in contemporary society. The book’s international case studies span Muslim-majority and -minority contexts based on ethnographic fieldwork and provide an empirical basis for the book’s thought-provoking arguments.Islamic Public Value is a vital resource for students and academics in politics, public administration, regulation and governance and Islamic studies. Its exploration of non-Western governance models also makes it an essential guide for practitioners and policymakers in public management and policy.

This insightful book examines the public value aspects of Non-Western Public Administration (NWPA) and establishes the presence of Islamic Public Administration in NWPA. It investigates how Islamic institutions across state, local, and community levels collaborate to meet societal needs, foster inclusion, and enhance public value.Renowned experts propose faith-based perspectives to the field of public value and present diverse research into the relationship between religion and public administration. Chapters discuss Islamic indigenous governance institutions as functional examples of Islamic public administration and as existing alternatives to dominant global-Western models. They highlight historical cases of Islamic governance and administration that demonstrate practical approaches and solutions in contemporary society. The book’s international case studies span Muslim-majority and -minority contexts based on ethnographic fieldwork and provide an empirical basis for the book’s thought-provoking arguments.Islamic Public Value is a vital resource for students and academics in politics, public administration, regulation and governance and Islamic studies. Its exploration of non-Western governance models also makes it an essential guide for practitioners and policymakers in public management and policy.

This collection offers a comparative overview of how financial regulations have evolved in various European countries since the introduction of the single European market in 1986. It includes a number of country studies which provides a narrative of the domestic financial regulatory structure at the beginning of the period, as well the means by which the EU Directives have been introduced into domestic legislation and the impact on the financial structure of the economy. In particular, studies highlight how the discretion allowed by the Directives has been used to meet the then existing domestic conditions and financial structure as well as how they have modified that structure. Countries covered are France, Germany, Italy, Spain, Estonia, Hungary and Slovenia. The book also contains an overview of regulatory changes in the UK and Nordic countries, and in post-crisis USA. This comparative approach raises questions about whether past and more recent regulatory changes have in fact contributed to increase financial stability in the EU. The comparative analysis provided in this book raises questions on whether the past and more recent changes are contributing to increase the financial stability and efficiency of individual banks and national financial systems. The crisis has demonstrated the drawbacks of formulating the regulatory framework on standards borrowed from the best industry practices from the large developed countries, originally designed exclusively for large global banks, but now applied to all financial institutions.

2017 marked the seventy-fifth anniversary of Schumpeter’s Capitalism, Socialism and Democracy, a work acknowledged as one of the most insightful books written in the twentieth century. It retains a contemporary quality, and still invites criticisms, new interpretations, and extensions and across disciplines.This book, in addition to re-examining Schumpeter’s seminal work and undertaking a twenty-first-century update of its main themes, brings together leading social scientists to provide contemporary amendments, extensions – or eventually refutations – of key elements of Schumpeter’s vision and thesis. Issues covered include a new take on creative destruction, the contours of a theory of innovative enterprise, finance and financialisation, a critique of the secular stagnation thesis, Schumpeter’s contributions to a theory of the entrepreneurial state, his conception of socialism and its current relevance for understanding the 'China model' as well as a rekindling of his democracy thesis for our times. Bringing together leading international contributors, this book provides fresh perspectives on ideas that continue to be hugely relevant to contemporary social sciences and a guide for understanding the current tensions among capitalism, the state and democracy. These chapters will be of interest to economists, social scientists and anyone with an interest in modern capitalism.

This collection offers a comparative overview of how financial regulations have evolved in various European countries since the introduction of the single European market in 1986. It includes a number of country studies which provides a narrative of the domestic financial regulatory structure at the beginning of the period, as well the means by which the EU Directives have been introduced into domestic legislation and the impact on the financial structure of the economy. In particular, studies highlight how the discretion allowed by the Directives has been used to meet the then existing domestic conditions and financial structure as well as how they have modified that structure. Countries covered are France, Germany, Italy, Spain, Estonia, Hungary and Slovenia. The book also contains an overview of regulatory changes in the UK and Nordic countries, and in post-crisis USA. This comparative approach raises questions about whether past and more recent regulatory changes have in fact contributed to increase financial stability in the EU. The comparative analysis provided in this book raises questions on whether the past and more recent changes are contributing to increase the financial stability and efficiency of individual banks and national financial systems. The crisis has demonstrated the drawbacks of formulating the regulatory framework on standards borrowed from the best industry practices from the large developed countries, originally designed exclusively for large global banks, but now applied to all financial institutions.

The Handbook of Alternative Theories of Economic Development explores the theories and approaches which, over a prolonged period of time, have existed as viable alternatives to today’s mainstream and neo-classical tenets. With a total of 40 specially commissioned chapters, written by the foremost authorities in their respective fields, this volume represents a landmark in the field of economic development. It elucidates the richness of the alternative and sometimes misunderstood ideas which, in different historical contexts, have proved to be vital to the improvement of the human condition. The subject matter is approached from several complementary perspectives. From a historical angle, the Handbook charts the mercantilist and cameralist theories that emerged from the Renaissance and developed further during the Enlightenment. From a geographical angle, it includes chapters on African, Chinese, Indian, and Muslim approaches to economic development. Different schools are also explored and discussed including nineteenth century US development theory, Marxist, Schumpeterian, Latin American structuralism, regulation theory and world systems theories of development. In addition, the Handbook has chapters on important events and institutions including The League of Nations, The Havana Charter, and UNCTAD, as well as on particularly influential development economists. Contemporary topics such as the role of finance, feminism, the agrarian issue, and ecology and the environment are also covered in depth. This comprehensive Handbook offers an unrivalled review and analysis of alternative and heterodox theories of economic development. It should be read by all serious scholars, teachers and students of development studies, and indeed anyone interested in alternatives to development orthodoxy.Contributors: M. Alacevich, R. Arocena, J.G. Backhaus, E.B. Barbier, R. Bielschowsky, C.N. Biltoft, R. Boyer, L. Burlamaqui, C.P. Chandrasekhar, M. Cimoli, A.M. Daastøl, G. Derluguian, W. Drechsler, S. Endresen, M.S. Erkek, M.S. Floro, J. Ghosh, J.-C. Graz, J.P. Hochard, I. Ianos, P. Jha, A. Kadri, R. Kattel, J.A. Kregel, B.-Å. Lundvall, A.C. Macedo e Silva, J.A. Mathews, L. Mjøset, S. Moyo, R.R. Nelson, G. Omkarnath, E. Özveren, J.G. Palma, P. Patnaik, G. Porcile, E.S. Reinert, S.A. Reinert, P.R. Rössner, A. Saltelli, M. Shafaeddin, A. Singh, I.G. Shivji, J. Sutz, Y. Tandon, E. Thurbon, F. Tregenna, H.S. Ünal, L. Weiss, T. Xu, P. Yeros, X. Zhao

The Handbook of Alternative Theories of Economic Development explores the theories and approaches which, over a prolonged period of time, have existed as viable alternatives to today’s mainstream and neo-classical tenets. With a total of 40 specially commissioned chapters, written by the foremost authorities in their respective fields, this volume represents a landmark in the field of economic development. It elucidates the richness of the alternative and sometimes misunderstood ideas which, in different historical contexts, have proved to be vital to the improvement of the human condition. The subject matter is approached from several complementary perspectives. From a historical angle, the Handbook charts the mercantilist and cameralist theories that emerged from the Renaissance and developed further during the Enlightenment. From a geographical angle, it includes chapters on African, Chinese, Indian, and Muslim approaches to economic development. Different schools are also explored and discussed including nineteenth century US development theory, Marxist, Schumpeterian, Latin American structuralism, regulation theory and world systems theories of development. In addition, the Handbook has chapters on important events and institutions including The League of Nations, The Havana Charter, and UNCTAD, as well as on particularly influential development economists. Contemporary topics such as the role of finance, feminism, the agrarian issue, and ecology and the environment are also covered in depth. This comprehensive Handbook offers an unrivalled review and analysis of alternative and heterodox theories of economic development. It should be read by all serious scholars, teachers and students of development studies, and indeed anyone interested in alternatives to development orthodoxy.Contributors: M. Alacevich, R. Arocena, J.G. Backhaus, E.B. Barbier, R. Bielschowsky, C.N. Biltoft, R. Boyer, L. Burlamaqui, C.P. Chandrasekhar, M. Cimoli, A.M. Daastøl, G. Derluguian, W. Drechsler, S. Endresen, M.S. Erkek, M.S. Floro, J. Ghosh, J.-C. Graz, J.P. Hochard, I. Ianos, P. Jha, A. Kadri, R. Kattel, J.A. Kregel, B.-Å. Lundvall, A.C. Macedo e Silva, J.A. Mathews, L. Mjøset, S. Moyo, R.R. Nelson, G. Omkarnath, E. Özveren, J.G. Palma, P. Patnaik, G. Porcile, E.S. Reinert, S.A. Reinert, P.R. Rössner, A. Saltelli, M. Shafaeddin, A. Singh, I.G. Shivji, J. Sutz, Y. Tandon, E. Thurbon, F. Tregenna, H.S. Ünal, L. Weiss, T. Xu, P. Yeros, X. Zhao

This book argues that the current international intellectual property rights regime, led by the World Trade Organization (WTO), has evolved over the past three decades toward overemphasizing private interests and seriously hampering public interests in access to knowledge and innovation diffusion. This approach concentrates on tangible and codified knowledge creation and diffusion in research and development (R&D) that can be protected via patents and other intellectual property rules and regulations. In terms of global policy initiatives, however, it is becoming increasingly clear that the WTO in particular is mostly a conflict-resolution facility rather than a global governance body able to generate cooperation and steer international coordinated policy action. At the same time, rent extraction and profits streaming from legal hyperprotection have become pervasively important for firm strategies to compete in a globalized marketplace. “Knowledge Governance: Reasserting the Public Interest” offers a novel approach – knowledge governance – in order to move beyond the current regime.

Jan A. Kregel is considered to be “the best all-round general economist alive” (G. C. Harcourt). This is the first collection of his essays dealing with a wide range of topics reflecting the incredible depth and breadth of Kregel’s work. These essays focus on the role of finance in development and growth. Kregel has expanded Minsky’s original postulate that in capitalist economies stability engenders instability in international economy, and this volume collect’s Kregel’s key works devoted to financial instability, its causes and effects. The volume also contains Kregel’s most recent discussions of the Great Recession beginning in 2008.

The Visionary Realism of German Economics forms a collection of Erik S. Reinert’s essays bringing the more realistic German economic tradition into focus as an alternative to Anglo-Saxon neoclassical mainstream economics. Together the essays form a holistic theory explaining why economic development—by its very nature—is a very uneven process. Herein lie the important policy implications of the volume.

Other Canon Economics: Essays in the Theory and History of Uneven Economic Development brings together key essays on development economics from one of the most prolific and important development economists and historians of economic policy today. Erik S Reinert argues through essays ranging from 1994 to 2020 that neo-classical economics damages developing countries: the theory of comparative advantage leaves out a number of factors which make economic activities qualitatively different as carriers of economic growth. Based on a long intellectual tradition – started by the Italian economists Giovanni Botero (1589) and Antonio Serra (1613) and later used in virtually all presently industrialised countries – Reinert shows that the country which exports increasing returns goods – e.g. high-end manufacture and advanced services – has advantages over the country which exports diminishing returns goods – i.e. commodities. This has very important implications for today’s development strategies that, Reinert argues, should be seen as variations of industrial strategies.

Other Canon Economics: Essays in the Theory and History of Uneven Economic Development brings together key essays on development economics from one of the most prolific and important development economists and historians of economic policy today. Erik S Reinert argues through essays ranging from 1994 to 2020 that neo-classical economics damages developing countries: the theory of comparative advantage leaves out a number of factors which make economic activities qualitatively different as carriers of economic growth. Based on a long intellectual tradition – started by the Italian economists Giovanni Botero (1589) and Antonio Serra (1613) and later used in virtually all presently industrialised countries – Reinert shows that the country which exports increasing returns goods – e.g. high-end manufacture and advanced services – has advantages over the country which exports diminishing returns goods – i.e. commodities. This has very important implications for today’s development strategies that, Reinert argues, should be seen as variations of industrial strategies.

‘Techno-Economic Paradigms’ presents a series of essays by the leading academics in the field discussing one of the most interesting and talked-about socio-economic theories of our times, 'techno-economic paradigm shifts', and its role in explaining processes of innovation and development. This festschrift honours Carlota Perez, founder of the theory of 'techno-economic paradigm shifts'.

‘Ragnar Nurkse (1907-2007): Classical Development Economics and its Relevance for Today’ presents a selection of papers that casts new insight on Nurkse’s thought, and discusses his relevance for today, in light of the renewed interest in Nurkse amongst development economists. The volume also celebrates the 100th anniversary of this profoundly important thinker’s birth.

‘Ragnar Nurkse, Trade and Development’ is a timely reprint of Nurkse’s most important works, given the renewed interest in his writings amongst development economists, who are turning to this pioneering thinker in search for new inspiration. This volume aims to make his rarely published works available for an audience of economists, policy makers, researchers and students.

This book maps the latest developments in public procurement of innovation policy in various contexts and analyzes the evolution and development of the various policy solutions in broader institutional contexts. In doing so, it addresses significant theoretical and practical gaps: On the one hand, there is an emerging interest in public procurement as a policy tool for spurring innovation; yet on the other hand, the current theory, with some notable exceptions, is guided and often constrained by historical applications, above all in the defence industries. By carefully examining the cases of eleven countries, the book points to the existence of much more nuanced public procurement on the innovation policy landscape than has been acknowledged in the academic and policy debates to date.