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The term ingenuity or applied ideas is used in the analysis of Thomas Homer-Dixon, building on that of Paul Michael Romer, to refer to what is usually called instructional capital. Ingenuity is often inherent in creative individuals, and thus is considered hard to separate from individual capital. It is not clear if Dixon or Romer tatti. Image File history File links Broom_icon. ... Image File history File links Emblem-important. ... Thomas Homer-Dixon is the Director of the Trudeau Centre for Peace and Conflict Studies at the University of Toronto, and Associate Professor in the Department of Political Science at the University of Toronto. ... Instructional capital is a term used in educational administration, to reflect capital resulting from investment in producing learning materials. ... Look up Creativity in Wiktionary, the free dictionary. ... Individual capital comprises inalienable or personal traits of persons, tied to their bodies and available only through their own free will, such as skill, creativity, enterprise, courage, capacity for moral example, non-communicable wisdom, invention or empathy, non-transferable personal trust and leadership. ...
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Look up ingenuity in Wiktionary, the free dictionary.
The term ingenuity or applied ideas is used in the analysis of Thomas Homer-Dixon, building on that of Richard Romer, to refer to what is usually called instructional capital.
Ingenuity is often inherent in creative individuals, and thus is considered hard to separate from individual capital.
It is not clear if Dixon or Romer considered it impossible to do so, or if they were simply not familiar with the prior analysis of "applied ideas", "intellectual capital", "talent", or "innovation" where instructional and individual contributions have been carefully separated, by economic theorists.
Most importantly, their supply of social ingenuity (in the form of new and reformed institutions) will be vulnerable to stresses generated by the very scarcities the ingenuity is needed to solve.
Ingenuity usually complements physical and human capital: thus investments in agricultural machinery and trained agricultural workers are invariably accompanied by increases in the local stock of ideas and instructions.
Of course, the ingenuity needed to adjust to resource scarcity is produced not only by people at the top of the social hierarchy: many of the ideas needed for successful adjustment are produced at the community and household levels as people learn, for example, how to reform local institutions to solve collective action problems.