Innovation and Growth
From R&D Strategies of Innovating Firms to Economy-wide Technological Change
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Product details:
- Publisher OUP Oxford
- Date of Publication 20 September 2012
- ISBN 9780199646685
- Binding Hardback
- No. of pages368 pages
- Size 240x171x25 mm
- Weight 690 g
- Language English
- Illustrations 24 Figures, 58 Tables 0
Categories
Short description:
Provides an overview and assessment of established research on firms' strategic choices of R&D efforts and their firm-level returns, and explains the consequences for economy-wide technological change and growth.
MoreLong description:
This volume provides an understanding of firms' R&D and innovation strategies and their economy-wide consequences. It is based on the premise that differences in firm-level returns, as well as economy-wide outcomes, may be linked to the heterogeneous ways in which firms organize and undertake R&D and innovation activities. It emphasizes innovation strategies of innovating firms, and reflects that innovation efforts do not represent a uniform type of expenditure. Organized into three parts the volume moves from the micro to the macro-level. This structure highlights the notion that R&D and innovation and growth are two interdependent perspectives. The first of these is micro-oriented and focuses on innovation processes of firms, where R&D activities and other innovation efforts give rise to consequences such as a strengthening of resource bases, growth of sales and employment, patents, new products, increasing productivity and profits, and improved chances of survival. The second perspective comprises economy-wide effects in the form of overall technological change, growth in total factor productivity, and structural change processes, where certain sectors may benefit from new inputs from other sectors while others experience declining markets and reduced output.
The book brings together contributions and perspectives from both economics and business scholars, and will appeal to academics, researchers, and students interested in R&D and innovation strategies, international business, business strategy, and the economics of technological change.
Table of Contents:
Introduction
Part I. Understanding the R&D Strategies of the Innovation Firm
Managing Knowledge Within and Outside the MNE
The Dynamics of Innovation Strategies
Superstar Subsidiaries of the Multinational Corporation- in Search of Origins and Drivers
Knowledge Accession Strategies and the Spatial Organization of R&D
Part II. Firm-level Return to R&D Strategies
How Good Are Patents as Innovation Indicators? Evidence from German CIS Data
The Importance of Research for Innovation and Productivity: Comparing Different Estimators of the Innovation Production Function
R&D Collaboration and Innovative Performance
R&D Strategy and Firm Performance, What is the Long-run Impact of Persistant R&D?
Part III. Beyond the Firm - Economy-Wide Effects of R&D Strategies
Technological Congruence and Productivity Growth
Spillover, Linkages and Productivity Growth in the US Economy, 1958 to 2007
R&D Spillovers, Entrepreneurship, and Growth
Innovation and Growth, A Technical or Entrepreneurial Residual?
Framework Conditions for High-potential Entrepreneurship: a Theoretical Structure and Its Implications
Part IV. Reflections
Reflections
