Template-type: ReDIF-Paper 1.0
Author-Name: Antonelli, Cristiano
Author-Email: antonelli.cristiano@unito.it
Author-Workplace-Name: University of Turin
Author-Workplace-Homepage: http://www.est.unito.it/
Title: The Engines of the Creative Response: Reactivity and Knowledge Governance.
Abstract: The notion of endogenous innovation as the outcome of the creative response of firms to out-of-equilibrium 
conditions is the cornerstone of the new evolutionary complexity. This essay explores the role of the reactivity of firms 
to out-of-equilibrium conditions and of knowledge governance in assessing the chances that creative responses
actually take place as an alternative to adaptive responses. It implements a systemic frame able to show that: i) the levels 
of reactivity of firms enhance the research efforts of rims that try and cope with out of equilibrium conditions; ii) the actual 
rates of introduction of innovations and increase of total factor productivity are contingent upon the quality of
knowledge governance, and iii) out-of-equilibrium conditions, as well as the amount of knowledge externalities are the 
endogenous outcome of the creative response.
Length: pages 29
Creation-Date: 2017-06
File-URL: http://www.est.unito.it/do/home.pl/Download?doc=/allegati/wp2017dip/wp_27_2017.pdf
File-Format: Application/PDF
Handle: RePEc:uto:labeco:201710