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Book part
Publication date: 6 September 2019

Roger D. Launius

In the 1950s, a combination of technological and scientific advancement, political competition, and changes in popular opinion about spaceflight generated public policy in favor…

Abstract

In the 1950s, a combination of technological and scientific advancement, political competition, and changes in popular opinion about spaceflight generated public policy in favor of an aggressive space program. This and that of 1960s moved forward with a Moon landing and the necessary budgets. Space exploration reached equilibrium in the 1970s, sustained through to the present. The twenty-first-century progresses signals that support for human space exploration is waning and may even begin declining in the coming years. This chapter reviews this history and analyzes five rationales suggested in support of continued human spaceflight: discovery and understanding, national defense, economic competitiveness, human destiny, and geopolitics.

Book part
Publication date: 5 January 2006

Mark Harrison

This paper is about how a command system allocated resources under profound uncertainty. The command system was the Soviet economy, the period was Stalin's dictatorship, and the…

Abstract

This paper is about how a command system allocated resources under profound uncertainty. The command system was the Soviet economy, the period was Stalin's dictatorship, and the resources were designated for military research & development. The context was formed by the limits of the existing aviation propulsion technology, the need to replace it with another, and uncertainty as to how to do so. We observe the formation of a quasi-market in which rival agents proposed projects and competed for funding to carry them out. We find rivalry and rent seeking, imperfectly regulated by principals. As rent seeking spread and uncertainty was reduced, the quasi-market was closed down and replaced by strict hierarchical allocation and monitoring. In theory, a dictator cannot commit to refrain from taxing the returns from today's effort tomorrow; therefore, we expect agents in a command system to seek only short-term returns from quasi-market activity. Agents’ willingness to invest in the Soviet quasi-market for inventions is ascribed to a reputation mechanism that enforced long-run returns.

Details

Research in Economic History
Type: Book
ISBN: 978-1-84950-379-2

Abstract

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Urban Transport and the Environment
Type: Book
ISBN: 978-0-08-047029-0

Book part
Publication date: 6 September 2019

James Ormrod and Peter Dickens

Space tourism is a rapidly growing sector of capital accumulation. As virtually all space on the Earth has been humanized and populated, outer space is being made by elite groups…

Abstract

Space tourism is a rapidly growing sector of capital accumulation. As virtually all space on the Earth has been humanized and populated, outer space is being made by elite groups into the new exotic destination of choice. But the humanization of outer space also reinforces an ancient and powerful worldview concerning society’s relations with the cosmos. It relies on the idea that outer space is an apparently pure and serene “other” place offering a profound sense of awe, wonder, and renewed identity. This hegemonic view of the cosmos and society is a product of a new dominant social bloc, one incorporating pro-space activists, the aerospace industry, the tourism industry, and governments.

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Space Tourism
Type: Book
ISBN: 978-1-78973-495-9

Keywords

Book part
Publication date: 10 December 2018

Keren Caspin-Wagner, Silvia Massini and Arie Y. Lewin

This chapter discusses the phenomenon of online marketplaces for science, technology, engineering, and math (STEM) talent and highlights its effect on knowledge creation and…

Abstract

This chapter discusses the phenomenon of online marketplaces for science, technology, engineering, and math (STEM) talent and highlights its effect on knowledge creation and innovation through on-demand contract employment and problem solving of scientific challenges by online communities of experts globally. In particular, the authors discuss the key dynamics and events driving the development of the online marketplaces for innovation. Relying on data from various online platforms, including novel data from one of the world’s largest online platforms, the chapter characterizes the phenomenon, including the geographic dispersion of users and distribution of income, and discusses important implications and challenges for research and development (R&D) and innovation management in organizations. These include the need to develop new organizational and managerial capabilities, intellectual property (IP) protection issues, the ability of balancing internal and external innovation processes, and implications on the changing identity of R&D workers.

Details

International Business in the Information and Digital Age
Type: Book
ISBN: 978-1-78756-326-1

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Fostering Productivity: Patterns, Determinants and Policy Implications
Type: Book
ISBN: 978-1-84950-840-7

Abstract

Details

Becoming Digital
Type: Book
ISBN: 978-1-78743-295-6

Abstract

Purpose

The purpose of the work is to determine conflicts that may appear in clusters.

Methodology

The methodology of the research is based on combination of systemic, institutional, and evolutional approaches, including private general scientific methods of subject-object, factor, comparative, functional and structural and descriptive analysis, classification, and modeling.

Conclusions

Comparison of programs of development of territorial innovational clusters is conducted, as well as comparative analysis of methodological approaches to analysis of the institutional basis of regional clusters; a ranking of target directions of regional programs of development of innovational territorial clusters is compiled. The authors’ classification of conflicts of regional clusters is offered.

Originality/value

The performed analysis helped to determine presence of various defects, dysfunctions, and negative effects with clusters that emphasize their high susceptibility to conflicts that have to be taken into account during formation of regional cluster policy, aimed at their conflict-free functioning.

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“Conflict-Free” Socio-Economic Systems
Type: Book
ISBN: 978-1-78769-994-6

Keywords

Book part
Publication date: 1 July 2024

Jason Potts

This paper introduces the concept of a “computable economy” and discusses how it relates to the emergence of Web3 or the new type of economy that has arisen from the integration…

Abstract

This paper introduces the concept of a “computable economy” and discusses how it relates to the emergence of Web3 or the new type of economy that has arisen from the integration of digital technologies such as blockchain, smart contracts, and digital identity. A “computable economy” is one where those computational rule systems are integrated into a connected graph, allowing for decentralized cooperation and distributed coordination. This paper traces the trajectory of innovation in the economy from the development of industrial production technologies to the rise of information and communication technology (ICT) and the digital economy. It argues that the shift to a “computable economy” is a consequence of the transformation of analog economic institutions into natively digital institutions. This results in a “full stack” digital economy where all economic actions can be digitally constructed and implemented. This paper concludes by discussing the potential of Web3 to create a new type of economy, that is, “techno-utopian” and characterized by human flourishing, as the incursion of machines and computation leads to a new era of economic growth and transformation.

Details

Defining Web3: A Guide to the New Cultural Economy
Type: Book
ISBN: 978-1-83549-600-8

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Abstract

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Harnessing the Power of Failure: Using Storytelling and Systems Engineering to Enhance Organizational Learning
Type: Book
ISBN: 978-1-78754-199-3

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