Innovation and Knowledge Creation in an Open Economy: Canadian Industry and International Implications

by John R. Baldwin , Petr Hanel

• ISBN13: 9780521037136
• ISBN10: 0521037131
• Edition: 1st
• Format: Paperback
• Copyright: 2007-05-28
• Publisher: Cambridge University Press

Summary

This study of innovation - its intensity, the sources used for knowledge creation, and its impacts - is based on a comprehensive survey of innovation of Canadian manufacturing firms. Attention is paid to the different actors in the system, who both compete with and complement one another. The study investigates how innovation regimes differ across size of firm and across industries. Owing to the high degree of foreign investment in Canada, special attention is paid to the performance of foreign-owned firms. The innovation regime of Canadian innovators is compared with results of studies of other industrialized countries. The picture of a typical innovator is a firm that combines internal resources and external contacts to develop a set of complementary strategies. The study finds that innovating firms depend not only on R&D, but also on ideas and technology from various other sources, both internal and external to the firm.

Table of Contents

List of tables and figures

Acknowledgements

The economics of knowledge creation

The innovation survey

Patterns of innovation: intensity and types

Sources of innovations

Research and development and innovation

Effects of innovation

Innovation and research and development in small and large firms

Innovation regimes and type of innovation

The use of intellectual property rights

Multinationals and the Canadian innovation process

Financing and the cost of innovation

The diffusion of innovation

Strategic capabilities in innovative businesses

Determinants of innovation

Summary

Appendices

References

Index

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