Design a Pattern of Sustainable Growth. Innovation, Education, Energy and Environment

Authors

Daniele Schilirò, University of Messina, Department DESMaS, Italy; Lou Marinoff, The City College of New York, Department of Philosophy, USA; Fernando Almeida, University of Porto, Faculty of Engineering, Portugal Higher Institute of Gaya, Innovation and Development Centre, Portugal; José Santos, Polytechnic Institute of Porto, Portugal Higher Institute of Gaya, Innovation and Development Centre, Portugal; José Monteiro, University of Porto Faculty of Engineering, FEUP & INESC TEC, Portugal Higher Institute of Gaya, Innovation and Development Centre, Portugal; Massimiliano Ferrara, Mediterranean University, Department of Law and Economics, Italy; Francesco Lamperti, Institute of Economics, Sant’anna School of Advanced Studies, Italy; Roberto Mavilia, Foreigners University Dante Alighieri, Italy; Stilianos Alexiadis, Department of Agricultural Policy & Documentation, Athens, Greece; M. Ángeles Díaz-Mayans, University of Valencia, Spain; Rosario Sánchez-Pérez, University of Valencia, Spain; Maarten J. Arentsen, University of Twente, The Netherlands; Lucie Krčmarská, VŠB – Technical University of Ostrava, Faculty of Mining and Geology, Czech Republic; Igor Černý, VŠB – Technical University of Ostrava, Faculty of Mining and Geology, Czech Republic; Michal Vaněk, VŠB – Technical University of Ostrava, Faculty of Mining and Geology, Czech Republic; Jana Magnusková, VŠB – Technical University of Ostrava, Faculty of Mining and Geology, Czech Republic; Kateřina Špakovská, VŠB – Technical University of Ostrava, Faculty of Mining and Geology, Czech Republic; Vasco Manuel Figueiredo Pereira, University of Beira Interior, Management and Economics Department and NECE – Research Centre in Business Sciences, Portugal; João José Matos Ferreira, University of Beira Interior, Management and Economics Department and NECE – Research Centre in Business Sciences, Portugal; Taha Chaiechi, James Cook University, QLD, School of Business, Australia; Kevin Odulukwe Onwuka, Federal University, Ndufu-Alike Ikwo, Ebonyi State, Faculty of Humanities and Social Sciences, Department of Economics and Development Studies, Nigeria; Sidharta Chatterjee, Andhra University, Visiting Researcher, Vishakhapatnam, India; David Carfì, University of California at Riverside, Department of Mathematics, USA

Synopsis

From the Editor

The global financial crisis, the euro crisis, the increasing population, the slow pace of radical innovations, the risks concerning the environment, but also the Arab Spring and its effects, the US Federal Reserve’s tapering program, and, last but not least, the 75 million unemployed young people around the world, have characterized the global economy in the past few years. So the economy at a global level shows a growing number of critical factors.

Uncertainty, above all, is the characterizing the world’s economy and the expectations about growth are diminishing. Moreover, on the one hand, the world is becoming more tightly interconnected, on the other, it is becoming more inequitable, volatile, and less sustainable.

Globalization has helped to bring hundreds of millions of people out of poverty. Many of these people have become customers of the global economy, clustering in new urban areas requiring infrastructure and resources. In this scenario a new growth model that guarantees high-quality and sustainable economic growth becomes a crucial choice in every country. This new model of growth is necessary to boost long-term sustainable growth. It should focus on innovation, education, green energy, infrastructure and sustainable agriculture to get economic and social returns.

Innovation, in particular, remains a strategic factor for growth and it is also a crucial determinant of the global competitiveness of countries. It is important to create innovations that improve quality of life, provide value for organizations and stakeholders. Joseph Schumpeter in his book, Capitalism, Socialism and Democracy (1942) has pointed out that innovation is the process that generates goods and services that are of better quality and lower prices than their predecessors. As firms innovate, they inevitably bring about an efficient allocation of the economy’s resources and growth will occur.

In addition, education and training of human resources is a key issue for sustainable and high quality growth. Moreover, new skills and competencies and their management are crucial for growth. At the same time the environment is directly related to people’s quality of life and economic development. Problems such as, for instance, the expansion of the urban area into peripheral areas will have effects on the natural ecosystems. Environment and energy are also strictly interconnected; the challenges of energy efficiency, renewable energy, sustainable land use and natural resources management have become absolutely important in the perspective of sustainable growth. Science, technology and innovation can provide solutions for energy and environment, thus it is essential to consider those technical innovations that are adapted to environmental, economic and social conditions of the country.

In this context the role of the State is also important, since the State can be a major player in the innovation activity, in education, in the energy sector and for the environment.

The book Design a Pattern of Sustainable Growth. Innovation, Education, Energy and Environment is conceived with the aim of encouraging the exchange of new ideas concerning economic growth and to offer theoretical and empirical analysis, but also policy proposals for a new pattern of sustainable growth based on four key drivers such as innovation, education, energy and environment to overcome the critical factors that are hampering a sustainable development at the country level and at global level. The richness of content, the variety of opinions and the quality of the contributions included in the volume have made this goal possible. 

Daniele SCHILIRÒ

University of Messina, Department DESMaS, Italy

 

Chapters

Author Biographies

Daniele Schilirò, University of Messina, Department DESMaS, Italy

Daniele Schilirò, PhD is an Associate Professor of Economics at University of Messina, Dipartimento di Scienze Economiche, Aziendali, Ambientali, Metodologie Quantitative (SEAM). He holds a B.A. (Laurea) in Economics, Catholic University of Milan. He attended an M-PHIL program in Political Economy at the University of Cambridge (U.K.) and was Special Graduate Student at the University of Yale (U.S.A.). He is winner of the Scholarship ‘Bonaldo Stringher’, Bank of Italy, Rome. He is Researcher and Member of the Scientific Committee of the Centre of Research in Economic Analysis (CRANEC) Università Cattolica di Milano.

Main research fields and domains of expertise are: Microeconomics and Industrial Organization, Economics of Growth, Environmental Economics, Behavioral Economics, Coopetition and Game Theory, European Economy.

He publishes and collaborates with important Italian and international journals. Co-Editor of the Journal of Advanced Research in Economics and International Business and Member of Editorial Board of the International Journal of Social Science Studies.

Lou Marinoff, The City College of New York, Department of Philosophy, USA

‘Sustainable development’ has been a much-cited and cynically over-employed phrase during the past several decades. While sustainable economic growth is both desirable and also necessary for the stability of nation-states as well as multinational entities, philosophical questions arise as to the nature of sustainability itself. This chapter will assess some limitations imposed on sustainability, and therefore on sustainable development, in terms of physical, biological, bio-economic, game theoretic, anthropological, and technological considerations. These in turn carry implications for policy-makers with respect to innovation, education, energy, and the environment.

Fernando Almeida, University of Porto, Faculty of Engineering, Portugal Higher Institute of Gaya, Innovation and Development Centre, Portugal

Fernando Almeida is a professor and IT consultant at ISP Gaya and Faculty of Engineering of University of Porto. He holds a PhD. in Computer Science Engineering from Faculty of Engineering of University of Porto (FEUP). He has more than 10 years of experience working for IT companies and research centers. His research interests include innovation policies, entrepreneurship, supporting decision systems and big data management.

José Santos, Polytechnic Institute of Porto, Portugal Higher Institute of Gaya, Innovation and Development Centre, Portugal

José D. Santos is a professor at ISP Gaya and School of Accounting and Administration from Polytechnic Institute of Porto. He is also a marketing consultant for CRM and SCM projects. He holds a MSc. in marketing and he is attending the PhD in Management. His research interests include marketing, customer relationship and advertising.

José Monteiro, University of Porto Faculty of Engineering, FEUP & INESC TEC, Portugal Higher Institute of Gaya, Innovation and Development Centre, Portugal

José A. Monteiro is a professor at ISP Gaya and researcher at INESC TEC. He holds a MSc. on Information Management from Faculty of Engineering of University of Porto (FEUP) and he is attending the PhD. in Informatics Engineering (ProDEI) at FEUP. His research interests include information management, social web and semantic technologies.

Massimiliano Ferrara, Mediterranean University, Department of Law and Economics, Italy

Massimiliano Ferrara is Full Professor of Mathematical Economics at ‘Mediterranea’ University of Reggio Calabria where he is Vice Rector, actually. He was the Founder and Director of MEDAlics and Vice Rector at ‘Dante Alighieri’ University of Reggio Calabria. He was also Visiting Professor at Harvard University, Cambridge (USA), Morgan State University in Baltimore (USA), Western Michigan University (USA), New Jersey Institute of Technology in Newark (NJ) (USA). He is Editor and Co-Editor of several international journals and Member of Mathematical Association of America and of the Indian Academy of Mathematics, Indore. Author and co-author of original papers on peer-reviewed and ISI journals: 150 papers, 10 research monographs. His main research interests are: Nonlinear Analysis and Dynamics, dynamical systems, patterns of growth and sustainable development, mathematical economics, game theory, optimization theory, Applied Economics.

Francesco Lamperti, Institute of Economics, Sant’anna School of Advanced Studies, Italy

Francesco Lamperti is a PhD. student at Sant'Anna School of Advanced where he is supervised by prof. Giovanni Dosi. He holds a bachelor and a master of science in Economics from Bocconi University where he also worked as research assistant both for the IGIER and CRIOS (formerly KiTeS) research centers. He is research fellow at MEDAlics where he is involved in the POLIcs project. His main research interests cover Decision Theory, Climate Change, Innovation and Industrial Dynamics.

Roberto Mavilia, Foreigners University Dante Alighieri, Italy

Roberto Mavilia is an Assistant Professor of Economics at Foreigners University ‘Dante Alighieri’ of Reggio Calabria where he is Director of MEDAlics - Research Centre for Mediterranean Relations. He is also Research Affiliate at CRIOS - Centre for Research on Innovation, Organization and Strategy at Bocconi University. He is the coordinator of the research project POLIcs – Innovation Poles Competence Building Systems for the performance evaluation of Innovation Poles. He is co-author of the book ‘Dai distretti industriali ai poli di innovazione: l’Italia nel Mediterraneo’ published by Egea Università Bocconi Editore. His main research interests are: Microceconomics, Economics of Innovation, International Economics, Mediterranean Area Economics, Knowledge Spillover, Social Network Analysis.

Stilianos Alexiadis, Department of Agricultural Policy & Documentation, Athens, Greece

Dr Stilianos Alexiadis is currently affiliated with the Division of Agricultural Statistics, Department of Agricultural Policy and Documentation in the Ministry of Rural Development and Foods of Greece. The author holds a PhD in Economics from Manchester Metropolitan University and a Master (MA) in Development Economics from Kent University. His research interests focused on Regional Economic Development, European Regional Policy and the Common Agricultural Policy. Papers by Stilianos Alexiadis were published in Cambridge Journal of Economics, Papers in Regional Science, Annals of Regional Science and Journal of Post Keynesian Economics.

M. Ángeles Díaz-Mayans, University of Valencia, Spain

Angeles Díaz is an Assistant Professor of Economics in the Department of Economic Analysis at the University of Valencia (Spain). She obtained her PhD in Economics from the University of Valencia in 1997. Her current research interests are labor, applied microeconomics, in particular, innovation, productivity and efficiency measurement. In these fields she has published her studies in international journals, among others, Applied Economics, Small Business Economics and International Journal of Manpower.

Rosario Sánchez-Pérez, University of Valencia, Spain

Rosario Sánchez is an Associate Professor in the Department of Economic Analysis at the University of Valencia (Spain). In 1990 she received her Msc in Economics from the London School of Economics and Political Science and she obtained her PhD in Economics from the University of Valencia in 1994. Her current research interests are labour and applied microeconomics, education, innovation and efficiency issues. In these fields she has published books and articles in international journals, among others, in Small Business Economics, International Journal of Manpower and Oxford Economics Papers.

Maarten J. Arentsen, University of Twente, The Netherlands

Maarten J. Arentsen (1954) is associate professor on energy innovation at the University of Twente in the Netherlands. He conducts, supervises, and coordinates research projects on energy policy, energy market reform, and (green) energy innovation, with a special focus on technological and institutional change. He publishes in national and international books and journals and teaches in undergraduate and postgraduate programs.

Lucie Krčmarská, VŠB – Technical University of Ostrava, Faculty of Mining and Geology, Czech Republic

Lucie Krčmarská, Ph.D. is currently an Assistant Professor at the Technical University of Ostrava (VŠB TUO), where she teaches Management and Competence Model Development. She graduated Economics and Management in Mining (Ing.) at the Technical University of Ostrava (VŠB TUO). She also obtained her Ph.D in Management of Industrial Systems at the Technical University of Ostrava (VŠB TUO) in 2006. Her main research fields and domains of expertise are: human resource management, competence model development, firm behavior and mining industry.

Research project: Competence Model Development for Students of the Faculty of Mining and Geology, VSB-Technical University of Ostrava, from the Perspective of Mining Companies.

Igor Černý, VŠB – Technical University of Ostrava, Faculty of Mining and Geology, Czech Republic

Igor Černý, Ph.D. is currently Assistant Professor at the Institute of Economics and Control Systems, Faculty of Mining and Geology, VŠB Technical University of Ostrava. He graduated the Brno University of Technology (VUT Brno) in Electronic Computers, MS. He also obtained her Ph.D in Business Economics and Management at the Technical University of Ostrava (VŠB TUO). He is an expert in Software and System Applications in Mining Industry, he is also Marketing Specialist in Mining Industry and Metallurgy.

His main research fields and domains of expertise are: human resource management, competence models, marketing, software and system applications behavior and mining industry.

Michal Vaněk, VŠB – Technical University of Ostrava, Faculty of Mining and Geology, Czech Republic

Michal Vaněk, Ph.D. is an Associate Professor of Management at the Faculty of Mining and Geology, Institute of Economics and Control Systems, VŠB –Technical University of Ostrava. He obtained a PhD. in Industrial Control Systems at the VŠB –Technical University of Ostrava. His main fields of research are: Management in the Area of Raw Materials, Analysis and Development of Competency models, mining industry, mathematical modelling of financing methods.

Research projects: ‘Simulating processes of crisis management concerning lifelong education of IZS and public administration bodies’ and

‘Application of economic process mathematical modelling aiming at identification of an optimum financing method for exploitation and processing of building minerals’.

Jana Magnusková, VŠB – Technical University of Ostrava, Faculty of Mining and Geology, Czech Republic

Jana Magnusková is an Assistant Professor at the Technical University of Ostrava. She graduated in Economics and Management in Mining. She obtained a PhD. in Management of Industrial Systems at the Technical University of Ostrava (VŠB TUO). Her main research fields and domains of expertise are: Human resources management, education processes, labour market analysis, coal mines.

Kateřina Špakovská, VŠB – Technical University of Ostrava, Faculty of Mining and Geology, Czech Republic

Katerina Spakovska is a Ph.D. candidate in Management of Industrial Enterprises, Ph.D at the Technical University of Ostrava (VŠB-TUO). She obtained a Msc (Ing.) in the field Mineral Raw Materials at the Technical University of Ostrava (VŠB-TUO).

Her main research fields are: energy economics, industrial economic, human resources management, competence assessment, risk analysis.

Vasco Manuel Figueiredo Pereira, University of Beira Interior, Management and Economics Department and NECE – Research Centre in Business Sciences, Portugal

Vasco F. Pereira has graduated Economics from the New University of Lisbon and completed his Master’s Degree in Management at the University of Beira Interior in Portugal. Currently, he is the CEO of Starenergy, a renewable energy company in Portugal. He is also the CFO of a non-profit organization for seniors and child care and one of the co-founders of I-Start - a non-profit organization that promotes entrepreneurship and start-ups. The main areas of interest are energy economics, renewable energy, entrepreneurship and non-profits.

João José Matos Ferreira, University of Beira Interior, Management and Economics Department and NECE – Research Centre in Business Sciences, Portugal

João J. Ferreira is an Associate Professor at the University of Beira Interior, Portugal. He completed the PhD European Doctoral Program of Entrepreneurship and Small Business Management at the Autonomous University of Barcelona (UAB), Spain. He is currently the Scientific Coordinator of NECE – Research Unit of Business Sciences as well as the Director of the 2nd cycle in Management. He has published several articles in international journals and edited some international books. His areas of interest are: strategy, entrepreneurship and competitiveness.

Taha Chaiechi, James Cook University, QLD, School of Business, Australia

Taha Chaiechi completed her PhD in Economics in 2009 at the University of Newcastle, Australia, during which time she developed substantial expertise in econometric techniques specifically shock-response modelling and time series analysis. Taha joined James Cook University in 2009 and continue to serve in Discipline of Economics- School of Business as a Senior lecturer while also active in research. Given her background in applied economics, econometrics and modelling, Taha has considerable skills at systematically modelling dynamic relationships between economic, environmental, and / or social variables. Taha has been collaborating in several external and internal research projects, in which her roles and responsibilities vary from the Principal Investigator, Coordinator of Analysis. More detailed information on these research projects are provided upon request. Furthermore, Taha has won series of research and teaching awards, including ‘Best RHD Publication Awards’, ‘My research in 3 minutes competition’, ‘Inclusive Practice Acknowledgment Award’ (two times winner), and ‘Faculty Citation Award’ for outstanding contribution to students Learning.

In terms of involvement and services to academia, Taha has been an active member of several committees and research groups (including Research Evaluation Committees (RECs) with Australian Research Council in 2012). She is on the editorial boards of Journal of Review of Integrative Business and Economics Research (RIBER), and Journal of Finance and Investment Analysis.

Kevin Odulukwe Onwuka, Federal University, Ndufu-Alike Ikwo, Ebonyi State, Faculty of Humanities and Social Sciences, Department of Economics and Development Studies, Nigeria

Kevin O. Onwuka is currently a Senior Lecturer at the Department of Economics and Development Studies at the Federal University Ndufu-Alike. He has received his PhD degree in Economics from University Putra Malaysia in 2005 after which time he joined Department of Economics, Faculty of Economics and Administrative Sciences, Yasar University in Turkey as Assistant Professor. His research focuses on new paradigms and international perspective, and ranges from growth dynamics of developing countries to finance and trade relations.

Sidharta Chatterjee, Andhra University, Visiting Researcher, Vishakhapatnam, India

Sidharta Chatterjee has a Biomedical Graduate Degree, Basic Sciences (First Class with Honors) from the University of Calcutta. He also has a Post Graduate Courses at Informatics Institute of Singapore, Singapore and currently is a Visiting Researcher, Andhra University, India.

Sidharta Chatterjee has expertise in the following research areas: Macroeconomic Modeling, Environmental Ecology.

Other research fields of interest: Cognitive Economics and Neuroeconomics.        

David Carfì, University of California at Riverside, Department of Mathematics, USA

David Carfi, PhD is an Aggregate Professor of Mathematics for Economics and Finance, Game Theory, Decision Theory, Risk Theory, Linear Algebra and Functional Analysis applied to Economics, Finance and Quantum Mechanics, Department of Mathematics and Informatics, University of Messina. Main Research area and interest domains: Game Theory and applications to Economics, Finance and Industrial Organization; Differential Geometry and applications to Physics, Financial Mathematics and Mathematical Finance. Decision theories and applications to Economics, Finance and Industrial Organization. Laurent Schwartz Theory of Distributions and applications to Physics, Quantum Mechanics, Finance and Economics. Coopetition in Game Theory and applications to Economics, Finance and Industrial Organization. Expert in Game Theory, Decision Theory, Quantum Finance.

Other research interests: Mathematics and Music. Algebraic structures in Music Composition.

Research Scholar and Visiting at the University of California at Riverside, UCB, CSUF, IAMIS, in USA.

Invited speaker in USA, India, Russia, Romania, Serbia, Canada, France, Germany, Uzbekistan, Belgium - for Game Theory in Economics and Finance and Differential Geometry in Finance.

Member of international scientific committees; reviewer of academic journals, Editor in Chief of Journal of Mathematical Economics and Finance.

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