Handbook of the Economics of Innovation, Volume 1

1st Edition

Print ISBN: 9780444562418
eBook ISBN: 9780080931111
Imprint: North Holland
Published Date: 25th March 2010
Page Count: 804
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160.00 + applicable tax
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Economists examine the genesis of technological change and the ways we commercialize and diffuse it.  The economics of property rights and patents, in addition to industry applications, are also surveyed through literature reviews and predictions about fruitful research directions.

- Two volumes, available as a set or sold separately

Key Features

Expert articles consider the best ways to establish optimal incentives in technological progress

Science and innovation, both their theories and applications, are examined at the intersections of the marketplace, policy, and social welfare

Economists are only part of an audience that includes attorneys, educators, and anyone involved in new technologies


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.

Table of Contents


    Volume 1:

      1. Introduction and Overview
        1. Introduction to the handbook – Bronwyn H. Hall and Nathan Rosenberg
        2. The contribution of economic history to the study of innovation and technical change: 1750-1914. – Joel Mokyr
        3. Technological change and industrial dynamics as evolutionary processes – Giovanni Dosi and Richard R. Nelson
        4. Empirical studies of innovative activity – Wesley M. Cohen

      2. Invention and Innovation
        1. The economics of science – Paula E. Stephan
        2. University research and public-private interaction – Dominique Foray and Francesco Lissoni
        3. Property rights and invention – Katherine E. Rockett
        4. The geographic localization of invention – Maryann P. Feldman and Dieter F. Kogler
        5. Open User Innovation – Eric von Hippel
        6. Learning by doing – Peter Thompson
        7. Innovative conduct in U.S. computing and internet markets – Shane Greenstein
        8. Pharmaceutical innovation – F. M. Scherer
        9. Collective invention and invention networks – Woody Powell and Eric Gianella

      3. Commercialization of Innovation
        1. The financing of R&D and innovation – Bronwyn Hall and Josh Lerner
        2. Markets for technologies – Ashish Arora and Alfonso Gambardella
        3. Technological innovation and the theory of the firm: Explorations into the role of enterprise level knowledge and capabilities – David J. Teece




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    © North Holland 2010
    North Holland
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    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