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June 05, 2008

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SSRN is an example of why people should not fear economic growth. Growth is no longer a matter of just cutting down more trees and producing more physical products, but, more and more, is concerned with high-tech services that provide real value to our lives. SSRN along with Google, Yahoo! are just a few examples. The younger generation understands this. I recently helped out at an internet startup here in Kansas City where I was the only one printing out from my computer. All the younger people read and stored everything electronically. Objections to growth may be primarily from those who don't really comprehend where developed societies are going with growth. We still need to bring developing societies up-to-date with more physical products, but after that most world growth may well turn out to involve high-tech services and transformations of physical products rather than additions to the pile of physical goods.

What are the characteristics of successful inventors that are most important to innovation and invention success? Is there any data on demographics or psychographics for independent inventors? (All that I have found are at http://www.inventorinsights.com/Mind_of_the_Inventor.html and http://www.inventionstatistics.com/Demographics_of_Independent_Inventors.html)

Are there any countries or States or cities that are considered to have model programs and best practices proven most effective at stimulating economic growth through independent inventors? Or institutional inventors? Is there a list of worst practices? What policies should we promote? And what policies should we discourage?

The rise of digital information services (such as SSRN) is not evidence that economic growth can occur without commensurate physical growth. Rigorous research on "dematerialization" shows no economy-wide decoupling of the use of physical resources from GDP, despite claims to that effect by (I think) Francis Cairncross and Alan Greenspan, in part, because of the indirect, supply chain effects of the production of digital services. See the work of Robert Ayres. Also, the substitution of "bits for atoms" does not necessarily lessen the use of material resources or of environmental impacts of the specific services that have gone digital. See the special issue of the Journal of Industrial Ecology on "E-commerce, the Internet and the Environment", volume 6, #3-4 http://www.blackwell-synergy.com/toc/jiec/6/3-4

SSRN is a panacea for research especially in developing countries who can't afford highly expensive journals.It is a lesson for those economist who argue that there is no such thing as free lunch.

thanks alot lawrence for the wounderfull article .

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SSRN is empowering. It makes the playing field in academia more level.

now I'll be tuned..

hm... really like it )

I should email you about this.

ehh.. interesting.

that was an very interesting interview.

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I had organized at the Simon School in Rochester years before, and they were clumsy, slow, inefficient. The Internet allows us to share working papers without all the cost and time of mailing printed copies. The idea of SSRN was to change the way research gets distributed and to thereby change the way research gets done.

thanks for your interview.
I hope to be an inventor too.I am working hard on my project now.

Completely agree with your comments on this - thanks for taking the time to post.

thanks a lot for your sharing with interview.
I learned a lot

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This was interesting and covered things that I haven't thought of. Thanks to you and Professor Jensen.

I should email you about this.

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This is great! Thank you for sharing your project. I came across your link as a result of my visiting a National Geographic - Intelligent Travel - blog. I spent some time looking through your prints of the state mottos. It felt good to reflect on where I have been in my life, and I learned some interesting info. You have provided a wonderful example of using technology to combine creativity, skill, intelligence, and fun! Thanks again for sharing.

This is great! Thank you for sharing your project. I came across your link as a result of my visiting a National Geographic - Intelligent Travel - blog. I spent some time looking through your prints of the state mottos. It felt good to reflect on where I have been in my life, and I learned some interesting info. You have provided a wonderful example of using technology to combine creativity, skill, intelligence, and fun! Thanks again for sharing.

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yeah,economic growth happens because of technology,and our life become easily.

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Good to see the link between technological advancement and economic growth. Most people don't make this obvious and logical link, which I think contributes towards the decline in the interest in science in society. At this rate, we're going to get overtaken by the developing nations, that are generating more computer and science graduates than the US.

We live in an era where money is generated not through the use of labour but by technical innovation and creative thought. As this century advances more and more will be dependant on this model of revenue generation.

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