The Rate And Direction Of Inventive Activity

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The Rate and Direction of Inventive Activity Revisited

Author	: Josh Lerner
Publisher	: University of Chicago Press
Total Pages	: 715
Release	: 2012-04-15
ISBN-10	: 9780226473031
ISBN-13	: 0226473031
Rating	: 4/5 (031 Downloads)

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Book Synopsis The Rate and Direction of Inventive Activity Revisited by : Josh Lerner

Download or read book The Rate and Direction of Inventive Activity Revisited written by Josh Lerner and published by University of Chicago Press. This book was released on 2012-04-15 with total page 715 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume offers contributions to questions relating to the economics of innovation and technological change. Central to the development of new technologies are institutional environments and among the topics discussed are the roles played by universities and the ways in which the allocation of funds affects innovation.

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Technical advance requires resources and is motivated by the quest for profits; therefore, the rate and direction of advance is determined by the economic syste