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How do you design an experimental economy?

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Listed:
  • Carlsson, Bo

    (Case Western Reserve University)

Abstract

How do you design an organization, an innovation system made up of multiple organizations, or a whole economy to encourage entrepreneurial experimentation? We know a good deal about entrepreneurial experimentation when it comes to individuals and firms (organizations), much less concerning innovation systems and even less for whole economies. The purpose of the paper is (1) to briefly examine the organization of entrepreneurial activity at three of the world’s largest and most innovative companies (Amazon, Apple, and Google), and (2) to explore the extent to which the findings at the corporate level can be applied at the more general innovation system (meso) and economy (macro) levels.

Suggested Citation

  • Carlsson, Bo, 2020. "How do you design an experimental economy?," Papers in Innovation Studies 2020/14, Lund University, CIRCLE - Centre for Innovation Research.
    • Handle: RePEc:hhs:lucirc:2020_014
    as

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    References listed on IDEAS

    as
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    3. Eliasson, Gunnar & Johansson, Dan & Taymaz, Erol, 2004. "Simulating the New Economy," Structural Change and Economic Dynamics, Elsevier, vol. 15(3), pages 289-314, September.
    4. Bo Carlsson, 2013. "Knowledge Flows in High-Tech Industry Clusters: Dissemination Mechanisms and Innovation Regimes," Economic Complexity and Evolution, in: Andreas Pyka & Esben Sloth Andersen (ed.), Long Term Economic Development, edition 127, pages 191-221, Springer.
    5. Eliasson, Gunnar, 1991. "Modeling the experimentally organized economy : Complex dynamics in an empirical micro-macro model of endogenous economic growth," Journal of Economic Behavior & Organization, Elsevier, vol. 16(1-2), pages 153-182, July.
    6. Andreas Pyka & Esben Sloth Andersen (ed.), 2013. "Long Term Economic Development," Economic Complexity and Evolution, Springer, edition 127, number 978-3-642-35125-9, June.
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    8. Åsa Lindholm-Dahlstrand & Martin Andersson & Bo Carlsson, 2019. "Entrepreneurial experimentation: a key function in systems of innovation," Small Business Economics, Springer, vol. 53(3), pages 591-610, October.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Experimentation; organization; innovation;
    All these keywords.

    JEL classification:

    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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