Handbook of the Economics of Innovation

Handbook of the Economics of Innovation

1st Edition - March 6, 2010

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  • Editors: Bronwyn H. Hall, Nathan Rosenberg
  • Hardcover ISBN: 9780444536099
  • eBook ISBN: 9780444536105

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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.

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 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

Product details

  • No. of pages: 600
  • Language: English
  • Copyright: © Elsevier 2010
  • Published: March 6, 2010
  • Imprint: Elsevier
  • Hardcover ISBN: 9780444536099
  • eBook ISBN: 9780444536105

About the Editors

Bronwyn H. Hall

Affiliations and Expertise

University of California at Berkeley,CA, USA

Nathan Rosenberg

Affiliations and Expertise

Stanford University, Stanford, CA, USA

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