Ebook: The Economics and Econometrics of Innovation

During the past few decades, the interest of economists in the sources of long-term economic growth has led an increasing number of them to focus on the role of innovation in creating that growth. Although some researchers have always been interested in this topic, the groundbreaking work of Solow (1957), Nelson (1959) and Arrow (1962) made many other economists recognize the central role played by innovation in almost all spheres of economic activity.
The Economics and Econometrics of Innovation presents a valuable overview of the work of the world's most renowned experts in the field of innovation and technical change. It collects 22 outstanding contributions that reflect the results of the vast, worldwide research efforts and remind us of the importance of economic incentives in shaping and directing innovative activities. The volume presents an edited selection of papers that were first presented at the 10th International ADRES conference. One particular goal of this book is to bring out the complementary nature of the various approaches to innovation, and to facilitate in-depth dialogues both between microeconomists and macroeconomists, and between theoreticians and econometricians. General topics that are considered range from the economy-wide effects of innovation on growth and employment to the variation of individual firm innovative performance; from the analysis of networks and standardization to the role of intellectual property rights and the assessment of knowledge spillovers. Besides the wealth of information presented in the chapters, readers of this volume will also appreciate the value of examining a single question from different angles and by using different methods.

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During the past few decades, the interest of economists in the sources of long-term economic growth has led an increasing number of them to focus on the role of innovation in creating that growth. Although some researchers have always been interested in this topic, the groundbreaking work of Solow (1957), Nelson (1959) and Arrow (1962) made many other economists recognize the central role played by innovation in almost all spheres of economic activity.
The Economics and Econometrics of Innovation presents a valuable overview of the work of the world's most renowned experts in the field of innovation and technical change. It collects 22 outstanding contributions that reflect the results of the vast, worldwide research efforts and remind us of the importance of economic incentives in shaping and directing innovative activities. The volume presents an edited selection of papers that were first presented at the 10th International ADRES conference. One particular goal of this book is to bring out the complementary nature of the various approaches to innovation, and to facilitate in-depth dialogues both between microeconomists and macroeconomists, and between theoreticians and econometricians. General topics that are considered range from the economy-wide effects of innovation on growth and employment to the variation of individual firm innovative performance; from the analysis of networks and standardization to the role of intellectual property rights and the assessment of knowledge spillovers. Besides the wealth of information presented in the chapters, readers of this volume will also appreciate the value of examining a single question from different angles and by using different methods.

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During the past few decades, the interest of economists in the sources of long-term economic growth has led an increasing number of them to focus on the role of innovation in creating that growth. Although some researchers have always been interested in this topic, the groundbreaking work of Solow (1957), Nelson (1959) and Arrow (1962) made many other economists recognize the central role played by innovation in almost all spheres of economic activity.
The Economics and Econometrics of Innovation presents a valuable overview of the work of the world's most renowned experts in the field of innovation and technical change. It collects 22 outstanding contributions that reflect the results of the vast, worldwide research efforts and remind us of the importance of economic incentives in shaping and directing innovative activities. The volume presents an edited selection of papers that were first presented at the 10th International ADRES conference. One particular goal of this book is to bring out the complementary nature of the various approaches to innovation, and to facilitate in-depth dialogues both between microeconomists and macroeconomists, and between theoreticians and econometricians. General topics that are considered range from the economy-wide effects of innovation on growth and employment to the variation of individual firm innovative performance; from the analysis of networks and standardization to the role of intellectual property rights and the assessment of knowledge spillovers. Besides the wealth of information presented in the chapters, readers of this volume will also appreciate the value of examining a single question from different angles and by using different methods.
Content:
Front Matter....Pages i-vi
Overview....Pages 1-29
On the Macroeconomic Effects of Major Technological Change....Pages 31-53
On Knowledge Diffusion, Patents Lifetime and Innovation Based Endogenous Growth....Pages 55-81
Endogenous Growth and the Labor Market....Pages 83-104
Research Productivity in a System of Universities....Pages 105-140
Reputation and Competence in Publicly Funded Science: Estimating the Effects on Research Group Productivity....Pages 141-176
The Impact and Organization of Publicly-Funded Research and Development in the European Community....Pages 177-200
The Enforcement of Intellectual Property Rights: A Survey of the Empirical Literature....Pages 201-224
An Auction Model of Intellectual Property Protection: Patent Versus Copyright....Pages 225-241
Information Disclosure in the Renewal of Patents....Pages 243-266
Appropriation Strategy and the Motivations to use the Patent System: an Econometric Analysis at the Firm Level in French Manufacturing....Pages 267-305
Patents and R&D An Econometric Investigation Using Applications for German, European and US Patents by German Companies....Pages 307-338
Equilibrium Coalition Structures in Markets for Network Goods....Pages 339-358
Does Standardization Really Increase Production?....Pages 359-366
Accumulation of R&D Capital and Dynamic Firm Performance: a Not-so-Fixed Effect Model....Pages 367-397
Are There Financing Constraints for R&D and Investment in German Manufacturing Firms?....Pages 399-434
The Commercial Success of Innovations: an Econometric Analysis at the Firm Level in French Manufacturing....Pages 435-456
Incentives for Cost Reducing Innovations Under Quantitative Import Restraints....Pages 457-471
The Size Distribution of Profits from Innovation....Pages 473-494
Looking for International Knowledge Spillovers A Review of the Literature with Suggestions for New Approaches....Pages 495-518
Factor Intensities, Rates of Return, and International R&D Spillovers: The Case of Canadian and U.S. Industries....Pages 519-542
Exploring the Spillover Impact on Productivity of World-Wide Manufacturing Firms....Pages 543-565
Innovation Spillovers and Technology Policy....Pages 567-585
Back Matter....Pages 587-607

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During the past few decades, the interest of economists in the sources of long-term economic growth has led an increasing number of them to focus on the role of innovation in creating that growth. Although some researchers have always been interested in this topic, the groundbreaking work of Solow (1957), Nelson (1959) and Arrow (1962) made many other economists recognize the central role played by innovation in almost all spheres of economic activity.
The Economics and Econometrics of Innovation presents a valuable overview of the work of the world's most renowned experts in the field of innovation and technical change. It collects 22 outstanding contributions that reflect the results of the vast, worldwide research efforts and remind us of the importance of economic incentives in shaping and directing innovative activities. The volume presents an edited selection of papers that were first presented at the 10th International ADRES conference. One particular goal of this book is to bring out the complementary nature of the various approaches to innovation, and to facilitate in-depth dialogues both between microeconomists and macroeconomists, and between theoreticians and econometricians. General topics that are considered range from the economy-wide effects of innovation on growth and employment to the variation of individual firm innovative performance; from the analysis of networks and standardization to the role of intellectual property rights and the assessment of knowledge spillovers. Besides the wealth of information presented in the chapters, readers of this volume will also appreciate the value of examining a single question from different angles and by using different methods.
Content:
Front Matter....Pages i-vi
Overview....Pages 1-29
On the Macroeconomic Effects of Major Technological Change....Pages 31-53
On Knowledge Diffusion, Patents Lifetime and Innovation Based Endogenous Growth....Pages 55-81
Endogenous Growth and the Labor Market....Pages 83-104
Research Productivity in a System of Universities....Pages 105-140
Reputation and Competence in Publicly Funded Science: Estimating the Effects on Research Group Productivity....Pages 141-176
The Impact and Organization of Publicly-Funded Research and Development in the European Community....Pages 177-200
The Enforcement of Intellectual Property Rights: A Survey of the Empirical Literature....Pages 201-224
An Auction Model of Intellectual Property Protection: Patent Versus Copyright....Pages 225-241
Information Disclosure in the Renewal of Patents....Pages 243-266
Appropriation Strategy and the Motivations to use the Patent System: an Econometric Analysis at the Firm Level in French Manufacturing....Pages 267-305
Patents and R&D An Econometric Investigation Using Applications for German, European and US Patents by German Companies....Pages 307-338
Equilibrium Coalition Structures in Markets for Network Goods....Pages 339-358
Does Standardization Really Increase Production?....Pages 359-366
Accumulation of R&D Capital and Dynamic Firm Performance: a Not-so-Fixed Effect Model....Pages 367-397
Are There Financing Constraints for R&D and Investment in German Manufacturing Firms?....Pages 399-434
The Commercial Success of Innovations: an Econometric Analysis at the Firm Level in French Manufacturing....Pages 435-456
Incentives for Cost Reducing Innovations Under Quantitative Import Restraints....Pages 457-471
The Size Distribution of Profits from Innovation....Pages 473-494
Looking for International Knowledge Spillovers A Review of the Literature with Suggestions for New Approaches....Pages 495-518
Factor Intensities, Rates of Return, and International R&D Spillovers: The Case of Canadian and U.S. Industries....Pages 519-542
Exploring the Spillover Impact on Productivity of World-Wide Manufacturing Firms....Pages 543-565
Innovation Spillovers and Technology Policy....Pages 567-585
Back Matter....Pages 587-607
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