The Economics and Econometrics of Innovation

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

• ISBN13: 9780792378006
• ISBN10: 0792378008
• Format: Hardcover
• Copyright: 2000-07-01
• Publisher: Kluwer Academic Pub

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	1	(31)
PART I. Macroeconomic Effects of Innovation
On the Macroeconomic Effect of Major Technological Change	31	(24)
Philippe Aghion
Peter Howitt
On Knowledge Diffusion, Patents Lifetime and Innovation Based Endogenous Growth	55	(28)
Philippe Michel
Jules Nyssen
Endogenous Growth and the Labor Market	83	(22)
Frederique Cerisier
Fabien Postel-Vinay
Part II. Public Sector Scientific Research
Research Productivity in a System of Universities	105	(36)
James D. Adams
Zvi Griliches
Reputation and Competence in Publicly Funded Science: Estimating the Effects on Research Group Productivity	141	(36)
Ashish Arora
Paul A. David
Alfonso Gambardella
The Impact and Organization of Publicly Funded Research and Development in the European Community	177	(24)
Maryann P. Feldman
Frank R. Lichtenberg
Part III. Intellectual Property Rights and Patents
The Enforcement of Intellectual Property Rights: A Survey of the Empirical Literature	201	(24)
Jean O. Lanjouw
Josh Lerner
An Auction Model of Intellectual Property Protection: Patent Versus Copyright	225	(18)
Michael Waterson
Norman Ireland
Information Disclosure and the Renewal of Patents	243	(24)
Claude Crampes
Corinne Langinier
Appropriation Strategy and the Motivations to Use the Patent Systems: An Econometric Analysis at the Firm Level	267	(40)
Emmanuel Duguet
Isabelle Kabla
Patents and R&D, An Econometric Investigation Using Applications for German, European and US Patents by German Companies	307	(32)
Georg Licht
Konrad Zoz
Part IV. Networks and Standardization
Equilibrium Coalition Structures in Markets for Network Goods	339	(20)
Nicholas Economides
Frederick Flyer
Does Standardization Really Increase Production?	359	(8)
Hubert Stahn
Part V. R&D Investment and Productivity
Accumulation of R&D Capital and Dynamic Firm Performance: A Not-So-Fixed Effect Model	367	(32)
Tor Jakob Klette
Frode Johansen
Are there Financing Constraints for R&D and Investment in German Manufacturing Firms?	399	(36)
Dietmar Harhoff
Part VI. Profits from Innovation
The Commercial Success of Innovations: an Econometric Analysis at the Firm Level in French Manufacturing	435	(22)
Corinne Barlet
Emmanuel Duguet
David Encaoua
Incentives for Cost Reducing Innovations under Quantitative Import Restraints	457	(16)
Celia Costa Cabral
Praveen Kujal
Emmanuel Petrakis
The Size Distribution of Profits from Innovation	473	(22)
Frederic M. Scherer
Part VII. Spillovers
Looking for International Knowledge Spillovers: A Review of the Literature with Suggestions for New Approaches	495	(24)
Lee Branstetter
Factor Intensities, Rates of Return, and International R&D Spillovers: The Case of Canadian and U.S. Industries	519	(24)
Jeffrey Bernstein
Exploring the Spillover Impact on Productivity of World-Wide Manufacturing Firms	543	(24)
Henri Capron
Michele Cincera
Innovation Spillovers and Technology Policy	567	(20)
Yannis Katsoulacos
Index of Names	587	(6)
Index of Subjects	593