TY - JOUR AU - Cebon, Peter AB - Book reviews sible when the underlying true distribution is not, and should not, be overlooked by innovation asymptotically skewed. analysts. There is however one assumption under- References pinning some of the papers that, I suspect, may Shackle GLS (1942) ‘A theory of investment decis- not be sustained with further research. Scherer ions’, reprinted in Ford JL (ed) (1990) Time, adheres to the classical view that investment levels Expectations and Uncertainty in Economics. Selected are limited by declining marginal returns. How- Essays of GLS Shackle, Aldershot: Edward Edgar. ever, for investment into invention, this does not Shackle GLS (1956) ‘Expectations and cardinality’, have clear intuitive logic. Following Shackle in Ford JL (ed) (1990) Time, Expectations and Uncertainty in Economics. Selected Essays of GLS (1942, 1956), it is quite likely that the inherent Shackle, Aldershot: Edward Edgar. uncertainty embodied in creation makes ex ante Kalecki M (1939) ‘The Principle of Increasing ranking of projects by benefits impossible. Invest- Risk’, in Essays in the Theory of Economic ments in these activities are accordingly more Fluctuations, reprinted in Osiatynski J (ed), likely to be limited by Kalecki’s principle of Collected Works of Michal Kalecki, Volume I, increasing risk (Kalecki 1939). Business Cycles and TI - Swarm Creativity: Competitive Advantage Through Collaborative Innovation Networks JF - "Innovation: Management, Policy and Practice" DO - 10.5172/impp.2006.8.4.413 DA - 2006-12-01 UR - https://www.deepdyve.com/lp/taylor-francis/swarm-creativity-competitive-advantage-through-collaborative-Na1TrQTMBB SP - 413 EP - 414 VL - 8 IS - 4-5 DP - DeepDyve ER -