The Economics and Econometrics of Innovation

by Encaoua, David; Hall, Bronwyn H.; Laisney, Francois; Mairesse, Jacques

• ISBN13: 9781441949714
• ISBN10: 1441949712
• Format: Paperback
• Copyright: 2000-07-01
• Publisher: Springer Nature

Summary

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.

Table of Contents

Overview	p. 1
Macroeconomic Effects of Innovation
On the Macroeconomic Effect of Major Technological Change	p. 31
On Knowledge Diffusion, Patents Lifetime and Innovation Based Endogenous Growth	p. 55
Endogenous Growth and the Labor Market	p. 83
Public Sector Scientific Research
Research Productivity in a System of Universities	p. 105
Reputation and Competence in Publicly Funded Science: Estimating the Effects on Research Group Productivity	p. 141
The Impact and Organization of Publicly Funded Research and Development in the European Community	p. 177
Intellectual Property Rights and Patents
The Enforcement of Intellectual Property Rights: A Survey of the Empirical Literature	p. 201
An Auction Model of Intellectual Property Protection: Patent Versus Copyright	p. 225
Information Disclosure and the Renewal of Patents	p. 243
Appropriation Strategy and the Motivations to Use the Patent Systems: An Econometric Analysis at the Firm Level	p. 267
Patents and R&D, An Econometric Investigation Using Applications for German, European and US Patents by German Companies	p. 307
Networks and Standardization
Equilibrium Coalition Structures in Markets for Network Goods	p. 339
Does Standardization Really Increase Production?	p. 359
R&D Investment and Productivity
Accumulation of R&D Capital and Dynamic Firm Performance: A Not-So-Fixed Effect Model	p. 367
Are there Financing Constraints for R&D and Investment in German Manufacturing Firms?	p. 399
Profits from Innovation
The Commercial Success of Innovations: an Econometric Analysis at the Firm Level in French Manufacturing	p. 435
Incentives for Cost Reducing Innovations under Quantitative Import Restraints	p. 457
The Size Distribution of Profits from Innovation	p. 473
Spillovers
Looking for International Knowledge Spillovers: A Review of the Literature with Suggestions for New Approaches	p. 495
Factor Intensities, Rates of Return, and International R&D Spillovers: The Case of Canadian and U.S. Industries	p. 519
Exploring the Spillover Impact on Productivity of World-Wide Manufacturing Firms	p. 543
Innovation Spillovers and Technology Policy	p. 567
Index of Names	p. 587
Index of Subjects	p. 593
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