Handbook of the Economics of Innovation, Volume 2 book cover

Handbook of the Economics of Innovation, Volume 2

How does technology advance?  How can we best assimilate innovation?  These questions and others are considered by experts on the theories and applications of technological innovations.  Considering subjects as diverse as the diffusion of new technologies and their industrial applications, governmental policies, and manifestations of innovation in our institutions, history, and environment, our contributors map milestones in research and speculate about the roads ahead.  Wasteful, inefficient, and frequently wrongheaded, the process of technological changes is here revealed as a describable, scientific force.

- Two volumes, available separately and as a set

Students and researchers studying technological change.  Articles are written by economists for a multidisciplinary readership, including industry professionals, attorneys, educators, and anyone interested in new technologies.

Hardbound, 600 Pages

Published: March 2010

Imprint: Elsevier

ISBN: 978-0-444-53609-9


  • For too long the policy importance of innovation has taken a back seat to short-term stimulus initiatives. Hall and Rosenberg have assembled a scholarly collection of papers that provide a timely guide for rediscovering the role of innovation in economic growth.
        Albert N. Link, University of North Carolina at Greensboro


      1.                    Volume 2

                      I. Diffusion
          The diffusion of new technology - Paul Stoneman and Giuliana Battisti
          General purpose technologies - Timothy Bresnahan
          International trade, foreign direct investment, and technology spillovers - Wolfgang Keller

                        II. Innovation Outcomes
            Innovation and economic development - Jan Fagerberg, Martin Srholec, and Bart Verspagen
            Energy, the environment, and technological change - David Popp, Richard G. Newell, and Adam B. Jaffe
            The economics of innovation and technical change in agriculture - Philip G. Pardey, Julian M. Alston, and Vernon W. Ruttan

                          III. Measurement of Innovation
              Growth accounting - Charles Hulten
              Returns to R&D and productivity - Bronwyn Hall, Jacques Mairesse, and Pierre Mohnen
              Patent statistics as innovation indicators - Sadao Nagaoka, Kazuyuki Motohashi, and Akira Goto
              Using innovation surveys for econometric analysis - Jacques Mairesse and Pierre Mohnen

                             IV. Policy Towards Innovation
                Systems of innovation - Luc Soete, Bart Verspagen, and Bas ter Weel
                Economics of technology policy - W. Edward Steinmueller
                Military R&D and innovation - David C. Mowery



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