Innovación y caos determinista: un modelo predictivo para Europa
Abstractthe economy is a deterministic chaotic system, in line with the characteristics of aperiodicity, predictability and dependence sensitive to initial conditions. The 1990-2010 dataset for the HDI (Human Development Index) published by the UNDP is used to model the behaviour of the level of development of the economies of EU-27, under the hypothesis that that level has the power to explain their position as regards innovation in 2010, represented by the Innovation Union Scoreboard (IUS). Significant comparisons are made between the positions on innovation of the UK and Germany as the prototype economies for stylised models of innovation, to show how the laws of deterministic chaos can be used to reinterpret these phenomena.
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Bibliographic InfoArticle provided by Gobierno Vasco / Eusko Jaurlaritza / Basque Government in its journal EKONOMIAZ.
Volume (Year): 80 (2012)
Issue (Month): 02 ()
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Postal: Dpto. de Economía y Hacienda, Gobierno Vasco, C/Donostia-San Sebastián, 1, 01010 Vitoria-Gasteiz, Spain
Find related papers by JEL classification:
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
- I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
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