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Applying a Sustainable Vector Model to Generate Innovation

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Education, Research and Business Technologies

Part of the book series: Smart Innovation, Systems and Technologies ((SIST,volume 276))

Abstract

Innovation is the main promoter of technological progress, whether in neoclassical perspective or evolutionary models or theory of economic growth. In all classical, neoclassical or evolutionary models of economic growth, innovation is marked as a quantitative parameter, which, changing its volume, leads to a quantitative growth of the economy. Thus, it is questionable how could innovation be sustainable and how it could be emphasized. The present model proposes a qualitative approach to social processes, including economic ones, noting that these qualitative measurements are based on a measurement scale which, once established for each point in the model, changes depending on the direction and intensity of changes in its links. The model is constructed on a group of automorphisms, feedback loops and algebraic fractals, generating a sustainable and evolving structure that can be used in any type of system, especially within a universe of interrelated systems. Thus, the model stabilizes and supports itself, if the decisions made are rational, becoming a sustainable model of economic growth.

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Author information

Authors and Affiliations

  1. Lucian Blaga University of Sibiu, Calea Dumbravii, no. 17, 550324, Sibiu, Romania

    Marian Pompiliu Cristescu & Raluca Andreea Nerisanu

  2. Department of Mathematics and Informatics, Lucian Blaga University of Sibiu, Sibiu, Romania

    Maria Flori

Authors
  1. Marian Pompiliu Cristescu
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  2. Maria Flori
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  3. Raluca Andreea Nerisanu
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Corresponding author

Correspondence to Raluca Andreea Nerisanu .

Editor information

Editors and Affiliations

  1. Department of Economic Informatics and Cybernetics, Bucharest University of Economic Studies, Bucharest, Romania

    Cristian Ciurea

  2. Department of Economic Informatics and Cybernetics, Bucharest University of Economic Studies, Bucharest, Romania

    Cătălin Boja

  3. Department of Economic Informatics and Cybernetics, Bucharest University of Economic Studies, Bucharest, Romania

    Paul Pocatilu

  4. Department of Economic Informatics and Cybernetics, Bucharest University of Economic Studies, Bucharest, Romania

    Mihai Doinea

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Cristescu, M.P., Flori, M., Nerisanu, R.A. (2022). Applying a Sustainable Vector Model to Generate Innovation. In: Ciurea, C., Boja, C., Pocatilu, P., Doinea, M. (eds) Education, Research and Business Technologies. Smart Innovation, Systems and Technologies, vol 276. Springer, Singapore. https://doi.org/10.1007/978-981-16-8866-9_13

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