Innovation and Public Policy

Innovation and Public Policy PDF Author: Austan Goolsbee
Publisher: University of Chicago Press
ISBN: 022680545X
Category : Business & Economics
Languages : en
Pages : 259

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Book Description
A calculation of the social returns to innovation /Benjamin F. Jones and Lawrence H. Summers --Innovation and human capital policy /John Van Reenen --Immigration policy levers for US innovation and start-ups /Sari Pekkala Kerr and William R. Kerr --Scientific grant funding /Pierre Azoulay and Danielle Li --Tax policy for innovation /Bronwyn H. Hall --Taxation and innovation: what do we know? /Ufuk Akcigit and Stefanie Stantcheva --Government incentives for entrepreneurship /Josh Lerner.

Innovation and the Small and Medium Sized Firm

Innovation and the Small and Medium Sized Firm PDF Author: Roy Rothwell
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Analyzes the role of small- to medium-sized manufacturing firms in innovation and the economy, arguing for active government assistance. Small- to medium-sized firms (SMEs), defined as firms with less than 500 employees, play a crucial role in the economy, though this analysis supports Schumpeter's (1939) argument that the role of SMEs varies from industry to industry, and within an industry as it develops. Multiple general and technology policy reasons are given for support of SMEs, including that SMEs lead to a more favorable balance of economic power, mutually beneficial small/large firm relations, and a significant source of employment. Additionally, research supporting a model developed by Abernathy and Utterbach (1975) shows that in certain industry sectors, small firms contribute to a disproportionately high percentage of radical innovations. Similarly, calculations of the National Science Foundation's industrial R&D statistics (1976) show that small firms have performed better in terms of innovation measured against dollar expenditure than have large firms. The importance and effectiveness of entrepreneurship in small firms is discussed, as well as strategies for large firms to adopt small-firm entrepreneurial methods. After analyzing the differing economic roles of SMEs in the United Kingdom, Japan, and the United States, it is determined that SMEs play the most vital role in the United States where they are seen as the cornerstone of a free market economy -- though differences from sector to sector are to be accounted for. Thus, SMEs merit government support, which they have been receiving in many forms, including entrepreneurial education, tax concessions, technical and information services, a network of industrial research organizations, etc. Concludes that SMEs are essential to the innovative progress of the economy, especially playing highly significant roles at the early, fluid stages of development in new technological industries. (CJC).

The Economics of Industrial Innovation

The Economics of Industrial Innovation PDF Author: Christopher Freeman
Publisher: Psychology Press
ISBN: 1855670704
Category : Macroeconomics
Languages : en
Pages : 486

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Book Description
First Published in 1997. Routledge is an imprint of Taylor & Francis, an informa company.

Public Purpose

Public Purpose PDF Author: Mariana Mazzucato
Publisher: MIT Press
ISBN: 1946511706
Category : Political Science
Languages : en
Pages : 176

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Book Description
How governments can spur growth and innovation to solve their greatest challenges—from green energy to national security to building resilient health systems. Known around the world for challenging mainstream economics, economist Mariana Mazzucato believes that “the public sector can and should be a co-creator of wealth that actively steers growth to meet its goals” (The Financial Times). In The Mission-Driven Economy, she calls on governments to create the economies we need today. Mazzucato’s challenge leads off a debate on the revival of Industrial policy—roughly defined as deliberate government action to re(shape) the economy. Industrial policy has fallen out of favor in recent decades as economists defer to free markets to produce innovation and growth. Yet today thinkers across the political spectrum have begun expressing new interest in industrial policy as a way to address the most serious problems of our times: from national security and climate change, to the market’s underfunding of public goods, to sluggish economic growth and labor market dysfunction. Together, contributors make a compelling case for industrial policy—what it is, and why we need it now. Addressing investment, innovation, supply chains, and growth, they offer a robust vision of a renewed industrial policy, and what it can offer the US economy in the face of climate change and a global pandemic.

The Handbook of Industrial Innovation

The Handbook of Industrial Innovation PDF Author: Mark Dodgson
Publisher: Edward Elgar Publishing
ISBN:
Category : Industrial management
Languages : en
Pages : 484

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Book Description
This text brings together specially commissioned contributions by experts on a range of issues concerning innovation. It introduces the significance and processes of industrial innovation and assesses the key issues affecting innovation

Industrial Innovation and Public Policy Options

Industrial Innovation and Public Policy Options PDF Author:
Publisher: National Academies
ISBN:
Category : Research, industrial
Languages : en
Pages : 60

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Book Description


The Changing Economics of Medical Technology

The Changing Economics of Medical Technology PDF Author: Institute of Medicine
Publisher: National Academies Press
ISBN: 030904491X
Category : Medical
Languages : en
Pages : 225

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Book Description
Americans praise medical technology for saving lives and improving health. Yet, new technology is often cited as a key factor in skyrocketing medical costs. This volume, second in the Medical Innovation at the Crossroads series, examines how economic incentives for innovation are changing and what that means for the future of health care. Up-to-date with a wide variety of examples and case studies, this book explores how payment, patent, and regulatory policiesâ€"as well as the involvement of numerous government agenciesâ€"affect the introduction and use of new pharmaceuticals, medical devices, and surgical procedures. The volume also includes detailed comparisons of policies and patterns of technological innovation in Western Europe and Japan. This fact-filled and practical book will be of interest to economists, policymakers, health administrators, health care practitioners, and the concerned public.

Technology and Industrial Development in Japan

Technology and Industrial Development in Japan PDF Author: Hiroyuki Odagiri
Publisher: Oxford University Press
ISBN: 9780198288022
Category : Business & Economics
Languages : en
Pages : 334

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Book Description
This book studies the industrial development of Japan since the mid-nineteenth century, with particular emphasis on how the various industries built technological capabilities. The Japanese were extraordinarily creative in searching out and learning to use modern technologies, and the authors investigate the emergence of entrepreneurs who began new and risky businesses, how the business organizations evolved to cope with changing technological conditions, and how the managers, engineers, and workers acquired organizational and technological skills through technology importation, learning-by-doing, and their own R & D activities. The book investigates the interaction between private entrepreneurial activities and public policy, through a general examination of economic and industrial development, a study of the evolution of management systems, and six industrial case studies: textile, iron and steel, electrical and communications equipment, automobiles, shipbuilding and aircraft, and pharmaceuticals. The authors show how the Japanese government has played an important supportive role in the continuing innovation, without being a substitute for aggressive business enterprise constantly venturing into unfamiliar terrains.

Ivory Tower and Industrial Innovation

Ivory Tower and Industrial Innovation PDF Author: David C. Mowery
Publisher: Stanford University Press
ISBN: 080479636X
Category : Business & Economics
Languages : en
Pages : 258

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Book Description
Since the early 1980s, universities in the United States have greatly expanded their patenting and licensing activities. The Congressional Joint Economic Committee, among other authorities, have argued that this surge contributed to the economic boom of the 1990s. And, many observers have attributed this trend to the Bayh-Dole Act of 1980. Using quantitative analysis and detailed case studies, this book tests that conventional wisdom and assesses the effects of the Act, examining the diverse channels through which commercialization has occurred over the 20th century and since the passage of the Act.

Mission-Oriented Finance for Innovation

Mission-Oriented Finance for Innovation PDF Author: Mariana Mazzucato
Publisher: Rowman & Littlefield
ISBN: 1783484969
Category : Political Science
Languages : en
Pages : 175

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Book Description
The role of the state in modern capitalism has gone beyond fixing market failures. Those regions and countries that have succeeded in achieving “smart” innovation-led growth have benefited from long-term visionary “mission-oriented” policies—from putting a man on the moon to tackling societal challenges such as climate change and the wellbeing of an ageing population. This book collects the experience of different types of mission-oriented public institutions around the world, together with thought-provoking chapters from leading economists. As the global debate on deficits and debt levels continues to roar, the book offers a challenge to the conventional narrative—asking what kinds of visionary fiscal policies we need to help promote "smart” innovation-led, inclusive, and sustainable growth.