2020

Collaborative Innovation Blocs and Antifragility

Reprint No. 2020:52

Author(s): Niklas Elert and Magnus HenreksonYear: 2020 Title: Journal of Institutional Economics Volume (No.): 16 (4) Pages: 537–552
Online article (restrictions may apply)
Preliminary version


We present the theory of the collaborative innovation bloc (CIB), an evolving system of innovation within which activity takes place over time. We show how the application of the CIB perspective can help make institutional and evolutionary economics more concrete, relevant, and persuasive, especially regarding policy prescriptions. Such policy actions should strive to improve the antifragility of CIBs and the economic system as a whole, thus enabling individual CIBs and the broader economic system to thrive when faced with adversity. With this in mind, we develop heuristics to evaluate CIB antifragility before using Sweden's economic and institutional evolution since the 1970s as a backdrop for identifying a set of institutional areas where reform can be undertaken to move in this direction.


Reference:
Elert, Niklas and Magnus Henrekson (2020), "Collaborative Innovation Blocs and Antifragility". Journal of Institutional Economics 16(4), 537–552.

Niklas Elert

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Ph: +46 8 665 4583
niklas.elert@ifn.se

Magnus Henrekson

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Ph: +46 (0)8 665 4502
magnus.henrekson@ifn.se

Interdisciplinary European Studies

The European Union and the Return of the Nation State

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This book explores the complex and ever-changing relationship between the European Union and its member states. The recent surge in tension in this relationship has been prompted by the actions of some member state governments as they question fundamental EU values and principles and refuse to implement common decisions seemingly on the basis of narrowly defined national interests.

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