The Rate and Direction of Inventive Activity Revisited
eBook - PDF

The Rate and Direction of Inventive Activity Revisited

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

The Rate and Direction of Inventive Activity Revisited

About this book

While the importance of innovation to economic development is widely understood, the conditions conducive to it remain the focus of much attention. This volume offers new theoretical and empirical contributions to fundamental questions relating to the economics of innovation and technological change while revisiting the findings of a classic book. Central to the development of new technologies are institutional environments, and among the topics discussed here are the roles played by universities and other nonprofit research institutions and the ways in which the allocation of funds between the public and private sectors affects innovation. Other essays examine the practice of open research and how the diffusion of information technology influences the economics of knowledge accumulation. Analytically sophisticated and broad in scope, this book addresses a key topic at a time when economic growth is all the more topical.

Frequently asked questions

Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription.
At the moment all of our mobile-responsive ePub books are available to download via the app. Most of our PDFs are also available to download and we're working on making the final remaining ones downloadable now. Learn more here.
Perlego offers two plans: Essential and Complete
  • Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
  • Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Both plans are available with monthly, semester, or annual billing cycles.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, we’ve got you covered! Learn more here.
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.
Yes! You can use the Perlego app on both iOS or Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Yes, you can access The Rate and Direction of Inventive Activity Revisited by Josh Lerner, Scott Stern, Josh Lerner,Scott Stern in PDF and/or ePUB format, as well as other popular books in Business & Business General. We have over one million books available in our catalogue for you to explore.

Information

410 
Carl 
Shapiro
References
Aghion, 
P., 
N. 
Bloom, 
R. 
Blundell, 
R. 
Gri

th, 
and 
P. 
Howitt. 
2005. 
“Competition 
and 
Innovation: 
An 
Inverted 
U 
Relationship.” 
Quarterly 
Journal 
of 
Economics
120:701–28.
Arrow, 
K. 
1962. 
“Economic 
Welfare 
and 
the 
Allocation 
of 
Resources 
to 
Invention.” 
In 
The 
Rate 
and 
Direction 
of 
Inventive 
Activity: 
Economic 
and 
Social 
Factors,
edited 
by 
Universities-National 
Bureau 
Committee 
for 
Economic 
Research 
and 
the 
Committee 
on 
Economic 
Growth 
of 
the 
Social 
Science 
Research 
Councils, 
467–92. 
Princeton, 
NJ: 
Princeton 
University 
Press.
Bulow, 
J., 
J. 
Geanakoplos, 
and 
P. 
Klemperer. 
1985. 
“Multimarket 
Oligopoly: 
Stra-
tegic 
Substitutes 
and 
Complements.” 
Journal 
of 
Political 
Economy
93:488–511.
Ericson, 
R., 
and 
A. 
Pakes. 
1995. 
“Markov-Perfect 
Industry 
Dynamics: 
A 
Frame-
work 
for 
Empirical 
Analysis.” 
Review 
of 
Economic 
Studies
62:52–82.
Gowrisankaran, 
G. 
1995. 
“A 
Dynamic 
Model 
of 
Endogenous 
Horizontal 
Mergers.” 
RAND 
Journal 
of 
Economics
30:56–83.
Pakes, 
A., 
and 
P. 
McGuire. 
1994. 
“Computing 
Markov-Perfect 
Nash 
Equilibria: 
Numerical 
Implications 
of 
a 
Dynamic 
Di
ff
erentiated 
Product 
Model.” 
RAND 
Journal 
of 
Economics
25:555–89.
Schumpeter, 
Joseph. 
1942. 
Capitalism, 
Socialism 
and 
Democracy.
New 
York: 
Harper 
& 
Brothers.
Segal, 
I., 
and 
M. 
D. 
Whinston. 
2007. 
“Antitrust 
in 
Innovative 
Industries.” 
American 
Economic 
Review
97:1703–30.
IV
The 
Sources 
and 
Motivations 
of 
Innovators

Table of contents

  1. Contents
  2. Introduction
  3. I. Panel Discussion: The Impact of the 1962 RATE AND DIRECTION Volume, a Retrospective
  4. II. The University- Industry Interface
  5. III. Market Structure and Innovation
  6. IV. The Sources and Motivations of Innovators
  7. V. Panel Discussion: Innovation Incentives, Institutions, and Economic Growth
  8. VI. The Social Impact of Innovation
  9. VII. Panel Discussion: The Art and Science of Innovation Policy
  10. Contributors
  11. Author Index
  12. Subject Index