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Institutions, Innovation and Growth

Selected Economic Papers Edited by Jean-Philippe Touffut, Director, Cournot Centre, Paris, France
The first book in this important new series, under the general editorship of Nobel Laureate Robert Solow, Institutions, Innovation and Growth assembles a stellar cast of international contributors. Leading economists join the debate on innovation and economic growth, focussing on a broad spectrum of issues ranging from labour markets to corporate governance. Growth paths within the OECD are also assessed, with particular emphasis on contrasts between US and European models. The book seeks to identify those institutional factors, taking into account different national trajectories, which might serve to promote economic growth in Europe.
Extent: 320 pp
Hardback Price: $156.00 Web: $140.40
Publication Date: 2004
ISBN: 978 1 84376 527 1
Availability: In Stock
Paperback Price: $79.00 Web: $63.20
Publication Date: 2004
ISBN: 978 1 84376 528 8
Availability: In Stock
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  • Economics and Finance
  • Economics of Innovation
  • Industrial Economics
  • Innovation and Technology
  • Economics of Innovation
The first book in this important new series, under the general editorship of Nobel Laureate Robert Solow, Institutions, Innovation and Growth assembles a stellar cast of international contributors. Leading economists join the debate on innovation and economic growth, focussing on a broad spectrum of issues ranging from labour markets to corporate governance. Growth paths within the OECD are also assessed, with particular emphasis on contrasts between US and European models. The book seeks to identify those institutional factors, taking into account different national trajectories, which might serve to promote economic growth in Europe.

As with all books in this series, Institutions, Innovation and Growth offers cutting edge research that is relevant to the world in which we live. It will be essential reading for scholars, policymakers and interested readers concerned with the economic challenges facing Europe in the twenty-first century.
‘The book contains an impressive collection of essays addressing the "deeper causes" of economic growth, including of course technological and organisational factors. The analyses are inspiring and sometimes appropriately controversial. The contributions offer suggestive links between the economies of innovation and institution-centred interpretations.’
– Giovanni Dosi, St Anna School of Advanced Studies, Pisa, Italy

‘While interest in innovation and economic growth has exploded in the economics literature in recent years, the role of institutions has been largely overlooked. With publication of this book, Jean-Philippe Touffut brings together a leading group of international scholars to provide a path-breaking rigorous analysis of the links between institutions, innovative activity and economic growth. The conclusions from the volume are unequivocal – not only do institutions matter in shaping economic growth, but also their impact can be understood in a systematic and predictable manner.’
– David B. Audretsch, Indiana University, Bloomington, US and Otto Beisheim School WHU, Germany

‘This book contains informed and informing contributions by noted scholars on innovation and growth – surely the most critical topics for economic welfare in the long run. The essays will be most satisfying to students and others seeking greater relevance in the analytic materials of our literature.’
– William J. Baumol, New York University, US and Princeton University, US
Contributors: P. Aghion, B. Amable, T. Bresnahan, P. David, D. Marsden, P. Petit, A. Saxenian, G. Schmid, R.M. Solow, W. Streeck, J.-P. Touffut
Contents: Preface Introduction by Robert M. Solow 1. The Transformation of Corporate Organization in Europe: An Overview 2. Adapting European Labour Institutions to Global Economic and Technological Change 3. Activating Labour Market Policy: ‘Flexicurity’ Through Transitional Labour Markets 4. Transnational Technical Communities and Regional Growth in the Periphery 5. The Mechanisms of Information Technology’s Contribution to Economic Growth 6. Empirical Estimates of the Relationship Between Product Market Competition and Innovation 7. Cooperation, Creativity and Closure in Scientific Research Networks: Modelling the Dynamics of Epistemic Communities 8. The Diversity of Social Systems of Innovation and Production During the 1990s 9. An Overview of Sustainable Forms of Growth: The Economic Institutions of a European Model Index