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In Dynamism Nobel Laureate Edmund Phelps, Raicho Bojilov, Hian Teck Hoon, and Gylfi Zoega argue that the high level of innovation in the West was not a result of scientific discoveries plus entrepreneurship. Rather, modern values-particularly the individualism and self-expression prevailing among the people-fueled the dynamism needed for widespread innovation.

Technological innovations --- Entrepreneurship --- Job satisfaction --- Individualism --- Economic development

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Nobel Laureate Edmund Phelps argues that the high level of innovation in the West was not a result of scientific discoveries plus entrepreneurship. Rather, modern values—particularly the individualism and self-expression prevailing among the people—fueled the dynamism needed for widespread innovation.

Technological innovations. --- Entrepreneurship. --- Job satisfaction.