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A General Model of the Innovation - Subjective Well-Being Nexus

In: The Evolution of Economic and Innovation Systems

Author

Listed:
  • Hans-Jürgen Engelbrecht

    (Massey University)

Abstract

A model of the innovation – subjective well-being (SWB) nexus is needed to advance our understanding of the welfare implications of innovation. Building on an earlier contribution by Swann (G. M. Peter Swann, 2009, The Economics of Innovation, Edward Elgar, Cheltenham, UK), I first assemble the major building blocks of such a model and then discuss some of the many potential linkages between them. A central feature is the inclusion of multiple SWB impacts of processes as well as of outcomes. Some general issues that would have to be addressed in any empirical application are also discussed. SWB impacts are to be used as an additional indicator in the assessment of innovation, not as something to be maximised. By taking SWB into account, new insights might emerge that could result in either strengthening or modifying existing innovation policies, or in novel policies.

Suggested Citation

  • Hans-Jürgen Engelbrecht, 2015. "A General Model of the Innovation - Subjective Well-Being Nexus," Economic Complexity and Evolution, in: Andreas Pyka & John Foster (ed.), The Evolution of Economic and Innovation Systems, edition 127, pages 69-90, Springer.
    • Handle: RePEc:spr:eccchp:978-3-319-13299-0_4
    DOI: 10.1007/978-3-319-13299-0_4
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    Cited by:

    1. Giacomo Degli Antoni & Chiara Franco, 2022. "The effect of technological behaviour and beliefs on subjective well-being: the role of technological infrastructure," Journal of Evolutionary Economics, Springer, vol. 32(2), pages 553-590, April.
    2. Castellacci, Fulvio & Tveito, Vegard, 2018. "Internet use and well-being: A survey and a theoretical framework," Research Policy, Elsevier, vol. 47(1), pages 308-325.
    3. David Urbano & Sebastian Aparicio & Victor Querol, 2016. "Social progress orientation and innovative entrepreneurship: an international analysis," Journal of Evolutionary Economics, Springer, vol. 26(5), pages 1033-1066, December.
    4. Gilles Grolleau & Naoufel Mzoughi & Sanja Pekovic, 2022. "An empirical analysis of the relationship between innovation activities and job satisfaction among French firms," Post-Print hal-03506101, HAL.
    5. Wang, Feng & Gillani, Seemab & Razzaq, Asif & Nazir, Rabia & Shafiq, Muhammad Nouman & Li, Boying, 2024. "Synergistic impacts of technological advancement and environmental hazards on social change and human well-being in South Asia," Technological Forecasting and Social Change, Elsevier, vol. 208(C).
    6. Castellacci, Fulvio, 2023. "The Effects of Innovation on Well-being: A Conceptual Framework," MPRA Paper 124901, University Library of Munich, Germany, revised May 2025.
    7. Srikant Devaraj & Marcus T. Wolfe & Pankaj C. Patel, 2021. "Creative destruction and regional health: evidence from the US," Journal of Evolutionary Economics, Springer, vol. 31(2), pages 573-604, April.
    8. Fulvio Castellacci & Vegard Tveito, 2016. "The Effects of ICTs on Well-being: A Survey and a Theoretical Framework," Working Papers on Innovation Studies 20161004, Centre for Technology, Innovation and Culture, University of Oslo.

    More about this item

    Keywords

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    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • D60 - Microeconomics - - Welfare Economics - - - General

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