Description

While the importance of innovation to economic development is widely understood, the conditions conducive to it remain the focus of much attention. This volume offers new contributions to fundamental questions relating to the economics of innovation and technological change. Central to the development of new technologies are institutional environments, and among the topics discussed are the roles played by universities and other nonprofit research institutions and the ways in which the allocation of funds between the public and private sectors affects innovation. Other essays examine the practice of open research and how the diffusion of information technology influences knowledge accumulation.

The Rate and Direction of Inventive Activity Revisited

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Hardback by Josh Lerner , Scott Stern

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While the importance of innovation to economic development is widely understood, the conditions conducive to it remain the focus of... Read more

    Publisher: The University of Chicago Press
    Publication Date: 15/04/2012
    ISBN13: 9780226473031, 978-0226473031
    ISBN10: 0226473031

    Number of Pages: 632

    Non Fiction , Business, Finance & Law

    Description

    While the importance of innovation to economic development is widely understood, the conditions conducive to it remain the focus of much attention. This volume offers new contributions to fundamental questions relating to the economics of innovation and technological change. Central to the development of new technologies are institutional environments, and among the topics discussed are the roles played by universities and other nonprofit research institutions and the ways in which the allocation of funds between the public and private sectors affects innovation. Other essays examine the practice of open research and how the diffusion of information technology influences knowledge accumulation.

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