Handbook of the Economics of Innovation, Volume 2

Edited by

  • Bronwyn H. Hall, University of California at Berkeley,CA, USA
  • Nathan Rosenberg, Stanford University, Stanford, CA, USA

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

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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.


Book information

  • 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

Table of Contents

                         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