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THE ECONOMICS OF TECHNICAL CHANGE

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THE ECONOMICS OF TECHNICAL CHANGE

9781852787837 Edward Elgar Publishing
Edited by the late Edwin Mansfield, formerly Director of the Center for Economics and Technology and Professor of Economics, University of Pennsylvania, US and Elizabeth Mansfield, Teaching Fellow in Counseling Psychology, Northwestern University, US
Publication Date: 1993 ISBN: 978 1 85278 783 7 Extent: 516 pp
The 25 classic articles in this volume deal with the role of technological change in economic growth, the extent of social and private returns from research and development, the relationship between market structure and technological change, the controversies over intellectual property rights, the processes by which innovations spread, and the management of technology. This volume will prove invaluable to economists, managers and government policymakers.

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The 25 classic articles in this volume deal with the role of technological change in economic growth, the extent of social and private returns from research and development, the relationship between market structure and technological change, the controversies over intellectual property rights, the processes by which innovations spread, and the management of technology. This volume will prove invaluable to economists, managers and government policymakers.
Contributors
Contributors include: K.J. Arrow, Zvi Griliches, R.R. Nelson, J.A. Ordover, F.M. Scherer, R.M. Solow, D.J. Teece
Contents
CONTENTS

PART 1

TECHNICAL CHANGE AND ECONOMIC GROWTH

1. Robert M. Solow (1957), ‘Technical Change and the Aggregate Production Function’
2. Paul M. Romer (1990), ‘Endogenous Technological Change’
3. Gene M. Grossman and Elhanan Helpman (1990), ‘Comparative Advantage and Long-Run Growth’

PART 2

SOCIAL AND PRIVATE RETURNS FROM RESEARCH AND DEVELOPMENT

4. Zvi Griliches (1958), ‘Research Costs and Social Returns: Hybrid Corn and Related Innovations’
5. Edwin Mansfield, John Rapoport, Anthony Romeo, Samuel Wagner and George Beardsley (1977), ‘Social and Private Rates of Return from Industrial Innovations’
6. Jeffrey I.Bernstein and M Ishaq Nadiri (1988), ‘Interindustry R&D Spillovers, Rates of Return and Production in High-Tech Industries’
7. Richard R. Nelson (1959), ‘The Simple Economics of Basic Scientific Research’
8. Zvi Griliches (1986), ‘Productivity, R&D, and Basic Research at the Firm Level in the 1970s’

PART 3

MARKET STRUCTURE AND TECHNICAL CHANGE

9. Partha Dasgupta and Joseph Stiglitz (1980), ‘Industrial Structure and the Nature of Innovative Activity’
10. P. A. Geroski (1990), ‘Innovation, Technological Opportunity, and Market Structure’
11. F. M. Schere (1992), ‘Schumpeter and Plausible Capitalism’

PART 4

INTELLECTUAL PROPERTY RIGHTS

12. Suzanne Scotchmer (1991), ‘Standing on the Shoulders of Giants: Cumulative Research and the Patent Law’
13. Janusz A. Ordover (1991), ‘A Patent System for Both Diffusion and Exclusion’
14. Edwin Mansfield, Mark Schwartz and Samuel Wagner (1981), ‘Imitation Costs and Patents: An Empirical Study’
15. Richard C. Levin, Alvin K. Klevorick, Richard R. Nelson and Sidney G. Winter (1987), ‘Appropriating the Returns from Industrial Research and Development’

PART 5

THE DIFFUSION OF INNOVATIONS

16. Edwin Mansfield (1961), ‘Technical Change and the Rate of Imitation’
17. Paul A. David (1985), ‘Clio and the Economics of QWERTY’
18. Michael L.Katz and Carl Shapiro (1986), ‘Technology Adoption in the Presence of Network Externalities’
19. Jennifer F. Reinganum (1981), ‘On the Diffusion of New Technology: A Game-Theoretic Approach’

PART 6

INTERNATIONAL TECHNOLOGY TRANSFER

20. Raymond Vernon (1966), ‘International Investment and International Trade in the Product Cycle’
21. Nathan Rosenberg (1970), ‘Economic Development and the Transfer of Technology: Some Historical Perspectives’
22. D. J. Teece (1977), ‘Technology Transfer by Multinational Firms: The Resource Cost of Transferring Technological Know-How’

PART 7

THE MANAGEMENT OF TECHNOLOGY

23. Kenneth J. Arrow (1962), ‘The Economic Implications of Learning by Doing’
24. Richard R. Nelson (1961), ‘Uncertainty, Learning, and the Economics of Parallel Research and Development Efforts’
25. Wesley M.Cohen and Daniel A .Levinthal (1989), ‘Innovation and Learning: The Two Faces of R&D’

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