The Economics of Innovation

The Economics of Innovation : An Introduction

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This text provides a comprehensive yet accessible introduction to the economics of innovation, written for those with some basic knowledge of economics. Innovation is one of the most important economic and business phenomena of our time and a topic of great practical and policy interest. The aim of the book is to explore some of the key economic questions about innovation. How can we describe and classify different aspects of innovation? What are the incentives to innovate? How should companies organise themselves to promote innovation? What are the effects of innovation on the economy? Do governments have a role in supporting and guiding innovation?show more

Product details

  • Paperback | 256 pages
  • 154.94 x 231.14 x 17.78mm | 430.91g
  • Edward Elgar Publishing Ltd
  • Cheltenham, United Kingdom
  • English
  • 1848440278
  • 9781848440272
  • 384,563

Table of contents

Contents: Preface Part I: Context 1. What is the Economics of Innovation About? 2. Innovation in the History of Economic Thought Part II: Aspects of Innovation 3. Basic Concepts in Innovation 4. Process Innovation 5. Product Innovation 6. Innovative Pricing 7. Network Effects and Standards 8. Intellectual Property Part III: How Firms Achieve Innovation 9. Innovation and Creativity 10. The Entrepreneur and Innovation 11. Organisation for Innovation 12. Vision and Innovation 13. Clusters and Networks 14. Division of Labour Part IV: Innovation and the Consumer 15. The Passive Consumer and the Active Consumer 16. The Diffusion of Innovations Part V: Effects of Innovation 17. Innovation and Trade 18. Innovation and Market Structure 19. Innovation and Wealth Creation 20. Innovation and Competitiveness 21. Innovation and Sustainability Part VI: Innovation and Government 22. Innovation and Policy References Indexshow more