caa a22 4500 477078087 CHVBK 20180405111443.0 cr unu---uuuuu 170330e19961001xx s 000 0 eng 10.1007/BF00114282 doi (NATIONALLICENCE)springer-10.1007/BF00114282 Witt Ulrich Max-Planck-Institute for Research into Economic Systems, August-Bebel-Str. 9, D-07743, Jena, Germany aut Innovations, externalities and the problem of economic progress [Elektronische Daten] [Ulrich Witt] In modern industrial societies innovativeness is seen as a source of economic growth and welfare increases. Following this assessment economic research presently focusses almost exclusively on the question of how to elicit innovations. Yet innovative economic activities have always also meant losses, sometimes even hardship, to some members of society, and incalculable risks. The present paper tries to develop a more balanced picture by acknowledging these less pleasant implications. Whether, and under what conditions, the permissive regime which modern societies have adopted towards innovations can be justified is discussed within the framework of a contractarian approach. Kluwer Academic Publishers, 1996 Public Choice Kluwer Academic Publishers; http://www.wkap.nl 89/1-2(1996-10-01), 113-130 0048-5829 89:1-2<113 1996 89 11127 https://doi.org/10.1007/BF00114282 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/BF00114282 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Witt Ulrich Max-Planck-Institute for Research into Economic Systems, August-Bebel-Str. 9, D-07743, Jena, Germany aut NATIONALLICENCE 773 0- Public Choice Kluwer Academic Publishers; http://www.wkap.nl 89/1-2(1996-10-01), 113-130 0048-5829 89:1-2<113 1996 89 11127 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer