Innovation Policy and the Economy provides a forum for research on the interactions among public policy, the innovation process, and the economy. The distinguished contributors cover all types of policy that affect the ability of an economy to achieve scientific and technological progress or that affect the impact of science and technology on economic growth. Among the issues covered in Volume 8 are policy challenges at the university-industry interface, the role of innovation and experimentation in the net neutrality debate, and the trade-offs in establishing the scope of patent rights or limitations on patent pools.
This volume provides a forum for research on the interactions among public policy, the innovation process, and the economy. Issues covered in Volume 9 include Congressional R&D spending on the physical sciences, intellectual property as a bargaining environment; pricing patents, and market design and innovation.
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.
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