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Elgar Encyclopedia on the Economics of Knowledge and Innovation

9781839106989 Edward Elgar Publishing
Edited by Cristiano Antonelli, Professor of Economics, Department of Economics and Statistics "Cognetti de Martiis", University of Torino and Fellow, Collegio Carlo Alberto, Italy
Publication Date: October 2022 ISBN: 978 1 83910 698 9 Extent: c 560 pp
A landmark reference work in the field, this Elgar Encyclopedia presents over 60 entries from scholars that have shaped the making of the economics of innovation as a distinct and specialised field of investigation within the broad range of economic disciplines.

This will be a critical read for economics scholars, particularly those focusing on knowledge and innovation as it offers an understanding of the definitions of key terms in the field, the founding tenets of the topic, and the economics of knowledge and innovation in more specific contexts.

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A landmark reference work in the field, this Elgar Encyclopedia presents over 60 entries from scholars that have shaped the economics of innovation as a distinct and specialised field of investigation. Comprehensive and accessible, it further elaborates the relationship between the economics of knowledge and the economics of innovation.

The Encyclopedia offers an overview of the classical origins of the early economics of technical change, and the role of Schumpterian legacies and the Arrovian economics of knowledge as indispensable ingredients to understanding innovation. The entries highlight how the analysis of the full array of feedbacks, interactions and transactions that take place within economic systems show how and why out-of-equilibrium conditions in both factor and product markets are the cause and consequence of the introduction and diffusion of innovations.

This will be a critical read for economics scholars, particularly those focusing on knowledge and innovation as it offers an understanding of the definitions of key terms in the field, the founding tenets of the topic, and the economics of knowledge and innovation in more specific contexts. It will also be a useful reference tool for business school students.

Key Features:

• Contributions from 66 scholars in the field of the economics of knowledge and innovation
• Informative table offering thematic groupings of the entries in a thorough introduction
• Provides readers with the framework to elaborate innovation policies and firms strategies
Critical Acclaim
‘In the past 75 years the study of the origins and economic consequences of innovation has grown well beyond the imagination of the pioneers in the field. This volume of contributions is a grand testament to the present scale and diversity of understanding in this challenging field. Here the reader can sense the deep complexity of innovation processes in terms of the prevailing incentives to innovate, the resources required to innovate, the capabilities to innovate and, most important of all, the creative opportunities to innovate; all to be understood within a penumbra of organisations, instituted rules and public policies that shape and constrain. The richness and diversity of the topics is manifest but, just as importantly, they are unified by the sense of placing innovation processes within worlds of knowledge and economic activity that are open, creative, interacting systems that are forever generating challenges to the status quo. Anyone who is interested in one of the great economic and social questions of our time, namely, how wealth emerges from human knowing, will find sustenance and challenge aplenty in this fine volume.’
– Stan Metcalfe, University of Manchester, UK

‘Antonelli has assembled a virtual who's who of scholars working in the area of the economics of knowledge and technology. The book – with its 66 entries – is a must read for anyone interested in the area – be they researchers or policy makers.’
– Paula Stephan, Georgia State University and National Bureau of Economic Research, US

‘Understanding innovation and how it draws upon and creates knowledge, requires us to view the economy as a complex system. This Encyclopedia offers an outstanding collection of entries on the functioning of innovation processes from a complexity perspective provided by well-established contributors and an exciting new breed of researchers.’
– John Foster, The University of Queensland, Australia
Contributors
Contributors include: Isabel Almudi, Cristiano Antonelli, Bjørn T. Asheim, David B. Audretsch, Erik E. Lehmann, James A. Brander, Bo Carlsson, Gilbert Cette, Martin Cimiterra, Alex Coad, Patrick Cohendet, Valeria Costantini, Francesco Crespi, Olivier Dupouët, Gabriela Dutrénit, Jan Fagerberg, Claudio Fassio, Francisco Fatas-Villafranca, Christophe Feder, Agnieszka Gehringer, Alenka Guzman, Hanna Hottenrott, Adam Jaffe, Lena Kalukuta, Kristiaan Kerstens, Jackie Krafft, Jens Kruger, Cornelia Lawson, Christian Le Bas, Keun Lee, You-Na Lee, Frank R. Lichtenberg, Hans Loof, Albert Link, Bengt-Ake Lundvall, Pierre Mohnen, Diego Moraes Da Silva, Félix-Fernando Muñoz, Matthias Müller, Raouf Naggar, Pierpaolo Patrucco, Elise Petit, Andreas Pyka, Francesco Quatraro, Romain Rampa, Veronica Robert, Stephen Roper, Federica Rossi, Miriam Ruggiero, Pierpaolo Saviotti, F. M. Scherer, Giuseppe Scellato, Ruchi Sharma, Zhiyang Shen, Vincenzo Spiezia, W. Edward Steinmueller, Paul Stoneman, G.M. Peter Swann, Josef Taalbi, Mehmet Ugur, Bruno Van Pottelsberghe de la Potterie, Jérôme Vicente, Marco Vivarelli, Nicholas Vonortas, John P. Walsh, Gabriel Yoguel
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