The Economics of Innovation: An Introduction
"This textbook provides a comprehensive yet accessible introduction to the economics of innovation, written for students with some basic knowledge of economics. G.M. Peter Swann contends that innovation is one of the most important economic and business phenomena of our time and a topic of great practical and policy interest, with widespread implications for our economy and society. This book engages with the reader to explore some of the key economic issues concerning innovation."...
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"This textbook provides a comprehensive yet accessible introduction to the economics of innovation, written for students with some basic knowledge of economics. G.M. Peter Swann contends that innovation is one of the most important economic and business phenomena of our time and a topic of great practical and policy interest, with widespread implications for our economy and society. This book engages with the reader to explore some of the key economic issues concerning innovation." Introducing the student to a broad range of issues surrounding the economics of innovation, this text will prove invaluable to students on a variety of courses including economics, business and management, innovation, and science and technology studies.
1 What is the economics of innovation about? 32 Innovation in the history of economic thought 73 Basic concepts in innovation 234 Process innovation 385 Product innovation 486 Innovative pricing 677 Network effects and standards 828 Intellectual property 1039 Invention and creativity 11910 The entrepreneur and innovation 13111 Organisation for innovation 13512 Vision and innovation 14113 Clusters and networks 14714 Division of labour 17315 The passive consumer and the active consumer 18716 The diffusion of innovations 19817 Innovation and trade 20918 Innovation and market structure 21719 Innovation and wealth creation 23420 Innovation and competitiveness 24721 Innovation and sustainability 25222 Innovation and policy 257App Supplementary reading 273References 279Index of names 291Index of topics 295
