Buch, Englisch, 480 Seiten, Print PDF, Format (B × H): 156 mm x 234 mm, Gewicht: 720 g
Patents, Prizes, and the Knowledge Economy
Buch, Englisch, 480 Seiten, Print PDF, Format (B × H): 156 mm x 234 mm, Gewicht: 720 g
ISBN: 978-0-19-093608-2
Verlag: OXFORD UNIV PR
What determines why some countries succeed and others fall behind?
Economists have long debated the sources of economic growth, resulting in conflicting and often inaccurate claims about the role of the state, knowledge, patented ideas, monopolies, grand innovation prizes, and the nature of disruptive technologies.
B. Zorina Khan's Inventing Ideas overturns conventional thinking and meticulously demonstrates how and why the mechanism design of institutions propels advances in the knowledge economy and ultimately shapes the fate of nations. Drawing on the experiences of over 100,000 inventors and innovations from Britain, France, and the United States during the first and second industrial revolutions (1750-1930), Khan's comprehensive empirical analysis provides a definitive micro-foundation for endogenous macroeconomic growth models.
This groundbreaking study uses comparative analysis across time and place to show how different institutions affect technological innovation and growth. Khan demonstrates how top-down innovation systems, in which elites, state administrators, or panels make key economic decisions about prizes, rewards and the allocation of resources, prove to be ineffective and unproductive. By contrast, open-access markets in patented ideas increase the scale and scope of creativity, foster diversity and inclusiveness, generate greater knowledge spillovers, and enhance social welfare in the wider population.
When institutions are associated with rewards that are misaligned with economic value and productivity, the negative consequences can accumulate and reduce comparative advantage at the level of individuals and nations alike. So who will arise as the global leader of the twenty-first century? The answer depends on the extent to which we learn and implement the lessons from the history of innovation and enterprise.
Autoren/Hrsg.
Fachgebiete
- Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Wirtschaftswachstum
- Technische Wissenschaften Technik Allgemein Technikgeschichte
- Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Geschichte der VWL
- Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Industrielle Organisation
- Geisteswissenschaften Geschichtswissenschaft Geschichtliche Themen Geschichte der Industrialisierung
- Wirtschaftswissenschaften Wirtschaftswissenschaften Wirtschaftsgeschichte
- Geisteswissenschaften Geschichtswissenschaft Geschichtliche Themen Wirtschaftsgeschichte
- Geisteswissenschaften Geschichtswissenschaft Geschichtswissenschaft Allgemein
- Rechtswissenschaften Wirtschaftsrecht Gewerblicher Rechtsschutz Gewerblicher Rechtsschutz allg., Marken- und Kennzeichenrecht
- Interdisziplinäres Wissenschaften Wissenschaften Interdisziplinär Naturwissenschaften, Technik, Medizin
Weitere Infos & Material
- Chapter 1 Introduction: Knowledge, Institutions and Progress
- Chapter 2 Trolls and Other Patent Inventions
- Chapter 3 Inventing Prizes
- Chapter 4 Elites and Useful Knowledge in Britain
- Chapter 5 Prestige and Profit: The Royal Society of Arts
- Chapter 6 Administered Invention in France
- Chapter 7 Going for Gold: Prizing Innovation
- Chapter 8 “Creative Destruction:” War and Technology
- Chapter 9 Of Apples and Ideas: Knowledge Spillovers in Patents and Prizes
- Chapter 10 Designing Women: Gender and Innovation
- Chapter 11 Selling Ideas: Global Markets for Patented Inventions
- Chapter 12 Innovations in Law
- Chapter 13 National Innovation Systems and Innovation in Nations
- Chapter 14 Conclusion: Now and Then
- Appendix
