{"product_id":"technological-innovation-and-economic-performance-9780691090917","title":"Technological Innovation and Economic Performance","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eInformation technology accounts for over one-third of recent U.S. GDP growth and nearly two-thirds of corporate capital investment. ''''The New Economy'''' appears omnipresent, but little is actually known about its workings.\u003cbr\u003e\u003cbr\u003eThis seminal volume brings together the research and critical thinking of many of the world''s top macro and micro economists to provide a unique, multifaceted perspective. Through the use of detailed, up-to-date country and industry studies, this book provides the most authoritative and detailed analysis ever assembled into the causes of technological innovation and its relationship to economic performance. The country studies cover the United States, Japan, Germany, France, the United Kingdom, and the Nordic states. Nine industry studies examine the Internet, computers and semiconductors, banking, securities trading, venture capital, energy, agricultural biotechnology, pharmaceutical biotechnology, and automobiles.\u003cbr\u003e\u003cbr\u003eCommissioned and brought toget\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003eContributors vii  Preface ix  Acknowledgement xi  PART I: INTRODUCTION 1  1. Introduction and Overview by Benn Steil, David G. Victor, and Richard R. Nelson 3  2. Innovation in an Historical Perspective: Tales of Technology and Evolution by Joel Mokyr 23  PART II: COUNTRY STUDIES 47  3. The United States by Robert J. Gordon 49  4. Japan by Adam S. Posen 74  5. Germany by Horst Siebert and Michael Stolpe 112  6. France by Patrick A. Messerlin 148  7. The United Kingdom by Stephen Nickell and John Van Reenen 178  8. The Nordic Countries by Matti VireAn and Markku Malkamaki 200  PART III: INDUSTRY STUDIES 227  9. The Internet by David C. Mowery and Timothy Simcoe 229  10. Computers and Semiconductors by Richard N. Langlois 265  11. Banking and Financial Intermediation by Charles W. Calomiris 285  12. Securities Trading by Ian Domowitz and Benn Steil 314  13. Venture Capital by Josh Lerner 327  14. Pharmaceutical Biotechnology by Gary P. Pisano 347  15. Agricultural Biotechnology by Robert E. Evenson 367  16. Electric Power by David G. Victor 385  17. Automobiles by Charles H. Fine and Daniel M.G. Raff 416  Bibliography 433  Author Index 454  Subject Index 459\u003c\/p\u003e","brand":"Princeton University Press","offers":[{"title":"Default Title","offer_id":51926108209495,"sku":"9780691090917","price":69.7,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780691090917.jpg?v=1760622149","url":"https:\/\/bookcurl.com\/products\/technological-innovation-and-economic-performance-9780691090917","provider":"Book Curl","version":"1.0","type":"link"}