Paradigm Shift to the European Business Model. Extreme Light Infrastructure – Nuclear Physics Project. Study Case
Abstract
The multipliers of paradigm shift in economy are abundance, change of micro and macroeconomic equilibrium, and increased intensity in creativity at the level of economic processes. Authors starts from the hypothesis that in the field of economics and business, a number of enthusiastic approaches to paradigm shift must be taken with some reservations as functional market have their specificity, the public choice logic is very well represented, the idea of social learning is present more than in other fields and the principle of economic rationality has great applicability. The most important characteristics of the new European industry are: is based on three pillars: strong educational system, scientific research and high-tech; advanced research is an integrative industry; the results of the advanced research are an Open Source. The analysis is based on the quadruple helix logic, authors analyzing the Extreme Light Infrastructure - Nuclear Physics (ELI-NP). As development of a country could be based on few advanced research projects and it is possible to use this experience for the whole region, new engines of the European economy, will be: nuclear research, extreme intensity light research and astronautics, the new industry will develop a large range of activities and jobs which will modify the labor map and the relocation of large companies to Europe will be one of the concrete result of the stimulating the advanced research.
Keywords: Paradigm shift, business model, infrastructure, technological challenges
References
[1] Kuhn, T, (1962) - The Structure of Scientific Revolutions. Chicago. University of Chicago Press.
[2] Smith, A. (1976) - An Inquiry into the Nature and Causes of the Wealth of Nations. Edited by Edwin Cannan. The University of Chicago Press.
[3] Graham,C.Chattopadhyay,S.(2013)– Gender and well-being around the world. Int,J.Happinessand Development, Vol. 1, No. 2, 2013
[4] Aburdene,P.(2005)–Megatrends2010.TheRiseofconsciouscapitalism.Charlottesville,VA:Hampton Roads Publishing.
[5] Baker, J. (1992) - Paradigms: The business of discovering the future. New York, NY: HarperBusiness
[6] Pink,D.H.(2005)- A Whole New Mind: Why Right-brainers Will Rule the Future.RiverheadBooks:rep. upd. edition.
[7] Fox, G. (2014) – Will economics finally get its paradigm shift? Harvard Business Review. Economy
[8] Laybourn-Langton, L. Jacobs, M. (2018) – Paradigm shift in economic theory and policy. The Forum New Economic Paradigm. Volume 53, May/June 2018, Number 3 ·
[9] Krugman,P.(2009)–Thereturnofdepressioneconomics.TheLondonSchoolofEconomicsandSocial Sciences. Centre for Economic Performance.
[10] Steffen W, Richardson K, Rockstro¨m J et al (2015) Planetary boundaries: guiding human development on a changing planet. Science 347:6223.
[11] Kothari, S.P., Leone, A.J. & Wasley, C.E. (2005). Performance matched discretionary accrual measures. Journal of Accounting and Economics, 39, 163-197.
[12] Dale,J.E.,Haworth,T.J.,andBressert,E.(2015).Thedangersofbeingtrigger-happy.MNRAS,450:1199– 1211.
[13] Swyngedouw, E. (2007) – Impossible„ Sustainability„ and the post-political conditions. In: David Gibbs and Rob Krueger (Eds.) The Sustainable Development Paradox, Guilford Press, New York (2007), pp. 13-40.
[14] Mouffe, C. (2005 - On the political (thinking in action). First Edition. Routledge.
[15] Kallis, G, Kerschner, C. and Martinez-Alier, J. (eds) (2012) ‘The Economics of Degrowth’, Ecological Economics, 84: 172–80.
[16] Meadows, H.D. Meadows, L.D. (1972) – The limits to growth. A Report to the Club of Rome. Universe Books.
[17] Latouche, S. (2009) – Farewell to Growth. Polity Press. Cambridge.
[18] Martinez-Alier,J.Pascual,U.Vicien,F-C.Zaccai,E.(2010)-Sustainablede-growth:Mappingthecontext, criticisms and future prospects of an emergent paradigm. Ecological Economics 69 (2010) 1741–1747.
[19] Georgescu-Roegen, N. (1971) The Entropy Law and the Economic Process. Harvard University Press, Cambridge. http://dx.doi.org/10.4159/harvard.9780674281653
[20] Schumpeter,J.A.(1951).Tengreateconomists:fromMarxtoKeynes.NewYorkOxford:OxfordUniversity Press.
[21] Goleman, D. (1999) - Working with Emotional Intelligence. Bantam Books. New York.