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The Economics of Innovation

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The Economics of Innovation

9781852781712 Edward Elgar Publishing
Edited by the late Christopher Freeman, former Emeritus Professor, SPRU, University of Sussex, UK
Publication Date: 1990 ISBN: 978 1 85278 171 2 Extent: 528 pp
Technical innovations and organizational innovations are of major importance for the competitive performance of firms and of nations and for the long term growth of the world economy. This area of economics has been subjected to an explosion of theoretical and empirical research during the last 30 years by economists in the United States and more recently their colleagues in Europe and Japan. This volume focuses attention on the most significant advances both in theoretical and empirical work published in leading journals of economics as well as in journals dealing with policies for science and technology. It covers all the major developments including evolutionary theory, strategies of firms, path dependency, diffusion of innovations and paradigm change.

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Technical innovations and organizational innovations are of major importance for the competitive performance of firms and of nations and for the long term growth of the world economy. This area of economics has been subjected to an explosion of theoretical and empirical research during the last 30 years by economists in the United States and more recently their colleagues in Europe and Japan. This volume focuses attention on the most significant advances both in theoretical and empirical work published in leading journals of economics as well as in journals dealing with policies for science and technology. It covers all the major developments including evolutionary theory, strategies of firms, path dependency, diffusion of innovations and paradigm change.
Contributors
Contributors include: W.B. Arthur, G. Dosi, R.R. Nelson, C. Perez, N. Rosenberg, G. Silverberg, J.M. Utterback
Contents
Part I:

Innovation and Evolutionary Models of Economic Growth and Development

1. R.R. Nelson and S.G. Winter (1974), 'Neoclassical vs Evolutionary Theories of Economic Growth: Critique and Prospectus'
2. J.E. Elliott (1980), 'Marx and Schumpeter on Capitalism's Creative Destruction: A Comparative Restatement'
3. S. Winter (1986), 'Comments on Arrow and on Lucas'
4. J. Fagerberg (1987), 'A Technology Gap Approach to Why Growth Rates Differ'
5. G. Silverberg, G. Dosi, and L. Orsengio (forthcoming), 'Innovation, Diversity and Diffusion: A Self-Organisation Model'

Part II:

Sources and Effects of Innovation

6. G. Dosi (1988), 'Sources, Procedures, and Microeconomic Effects of Innovation'

Part III:

Innovative Strategies of Firms

7. D. Mowery (1983), 'The Relationship between Intrafirm and Contractural Forms of Industrial Research in American Manufacturing, 1900-1940'
8. D. J. Teece (1986), 'Profiting from Technological Innovation: Implications for Integration, Collaboration, Licensing and Public Policy'
9. B. Gold (1980), 'On the Adoption of Technological Innovations in Industry: Superficial Models and Complex Decision Processes'
10. R. Rothwell and P. Gardiner (1988), 'Re-Innovation and Robust Designs: Producer and User Benefits'
11. M.A. Maidique and B.J. Zirger (1985), 'The New Product Learning Cycle'
12. K. Pavitt (1984), 'Sectoral Patterns of Technical Change: Towards a Taxonomy and a Theory'
13. F. Kodman (1986), 'Japanese Innovation in Mechatronics Technology'

Part IV:

The Selective Environment of Confronting Innovative Firms

14. L. L. G. Soete (1979), 'Firm Size and Inventive Activity: The Evidence Reconsidered'
15. R. Kaplinsky (1983), 'Firm Size and Technical Change in a Dynamic Context'
16. E. Mansfield, M. Schwartz and S. Wagner (1981), 'Imitation Costs and Patents: An Empirical Study'
17. E. Von Hippel (1982), 'Appropriability of Innovation Benefit as a Predictor of the Source of Innovation'
18. E. Mansfield (1985), 'How Rapidly does New Industrial Technology Leak Out?'
19. W.B. Arthur (1989), 'Competing Technologies, Increasing Returns and Lock-in by Historical Events'
20. P.A. David (1985), 'Clio and the Economics of QWERTY'
21. J.S. Metcalfe (1981), 'Impulse and Diffusion in the Study of Technical Change'

Part V:

Patterns of Innovation, Trajectories, Cycles and Paradigms

22. N. Rosenberg (1976), 'On Technological Expectations'
23. J.M. Utterback and W.J. Abernathy (1975), 'A Dynamic Model of Process and Product Innovation'
24. D. Sahal (1985), 'Technological Guideposts and Innovation Avenues'
25. C. Perez (1985), 'Microelectronics, Long Waves and World Structural Change: New Perspectives for Developing Countries'
26. C. Freeman (1984), 'Prometheus Unbound'
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