How the Social Economy Produces Innovation
Social economics has long been concerned with the effects on human societies of market-coordinated processes of economic innovation. But the social economy also causes invention and innovation, an aspect that has received less attention. This article reviews three new approaches to the study of the...
| Main Authors: | , |
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| Format: | Journal Article |
| Published: |
2015
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| Online Access: | http://hdl.handle.net/20.500.11937/23671 |
| _version_ | 1848751215051014144 |
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| author | Potts, J. Hartley, John |
| author_facet | Potts, J. Hartley, John |
| author_sort | Potts, J. |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | Social economics has long been concerned with the effects on human societies of market-coordinated processes of economic innovation. But the social economy also causes invention and innovation, an aspect that has received less attention. This article reviews three new approaches to the study of the growth of knowledge in economic systems as driven expressly by sociocultural mechanisms and dynamics. The first are so-called “social network markets” and “novelty bundling markets”. The second extends from “knowledge commons” to “innovation commons”. The third is a sociocultural semiotic process of group dynamics. These models represent different ways the social economy generates newness and produces innovation. |
| first_indexed | 2025-11-14T07:49:11Z |
| format | Journal Article |
| id | curtin-20.500.11937-23671 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T07:49:11Z |
| publishDate | 2015 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-236712017-09-13T15:34:02Z How the Social Economy Produces Innovation Potts, J. Hartley, John Social economics has long been concerned with the effects on human societies of market-coordinated processes of economic innovation. But the social economy also causes invention and innovation, an aspect that has received less attention. This article reviews three new approaches to the study of the growth of knowledge in economic systems as driven expressly by sociocultural mechanisms and dynamics. The first are so-called “social network markets” and “novelty bundling markets”. The second extends from “knowledge commons” to “innovation commons”. The third is a sociocultural semiotic process of group dynamics. These models represent different ways the social economy generates newness and produces innovation. 2015 Journal Article http://hdl.handle.net/20.500.11937/23671 10.1080/00346764.2015.1067756 fulltext |
| spellingShingle | Potts, J. Hartley, John How the Social Economy Produces Innovation |
| title | How the Social Economy Produces Innovation |
| title_full | How the Social Economy Produces Innovation |
| title_fullStr | How the Social Economy Produces Innovation |
| title_full_unstemmed | How the Social Economy Produces Innovation |
| title_short | How the Social Economy Produces Innovation |
| title_sort | how the social economy produces innovation |
| url | http://hdl.handle.net/20.500.11937/23671 |