Entrepreneurship, Innovation, and the Growth Mechanism of the Free-Enterprise Economies / / ed. by Eytan Sheshinski, William J. Baumol, Robert J. Strom.

How much credit can be given to entrepreneurship for the unprecedented innovation and growth of free-enterprise economies? In this book, some of the world's leading economists tackle this difficult and understudied question, and their responses shed new light on how free-market economies work--...

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Bibliographic Details
Superior document:Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Backlist 2000-2013
MitwirkendeR:
HerausgeberIn:
Place / Publishing House:Princeton, NJ : : Princeton University Press, , [2022]
©2007
Year of Publication:2022
Language:English
Online Access:
Physical Description:1 online resource (400 p.) :; 35 line illus. 19 tables.
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Other title:Frontmatter --
Contents --
Preface --
Introduction --
Part I INTRODUCTORY: THE MICROECONOMICS AND MACROECONOMICS OF GROWTH --
Chapter 1 On Macroeconomic Models of Free-Market Innovation and Growth --
Chapter 2 The Macro-context of the Microeconomics of Innovation --
Part II INSTITUTIONAL BASES FOR CAPITALIST GROWTH --
Introduction and Comments --
Chapter 3 Institutional Bases for Capitalist Growth --
Chapter 4 Capitalism and Economic Liberty: The Political Foundations of Economic Growth --
Part III INNOVATION IN MODERN CORPORATIONS --
Chapter 5 Endogenous Forces in Twentieth-Century America --
Chapter 6 Interfirm Collaboration Networks: The Impact of Network Structure on Rates of Innovation --
Part IV THE CONTINUING ROLE OF INDEPENDENT INNOVATORS AND ENTREPRENEURS --
Chapter 7 The Small Entrepreneur --
Chapter 8 Toward Analysis of Capitalism’s Unparalleled Growth: Sources and Mechanism --
Part V DISSEMINATION OF TECHNOLOGY AND THE PATENT SYSTEM --
Chapter 9 Patents, Licensing, and Entrepreneurship: Effectuating Innovation in Multi-invention Contexts --
Chapter 10 The Market for Technology and the Organization of Invention in U.S. History --
Part VI INNOVATION AND TRADE --
Chapter 11 Innovation and Its Effects on International Trade --
Chapter 12 Innovation, Diffusion, and Trade --
Part VII FINANCE AND INNOVATION IN THE FREE-MARKET ECONOMY --
Chapter 13 Radical Financial Innovation --
Chapter 14 Finance and Innovation --
Part VIII TOWARD SOME LESSONS --
Chapter 15 The Economic Performance of Nations: Prosperity Depends on Dynamism, Dynamism on Institutions --
Chapter 16 Pharmaceutical Patenting in Developing Countries and R&D --
Contributors --
Index
Summary:How much credit can be given to entrepreneurship for the unprecedented innovation and growth of free-enterprise economies? In this book, some of the world's leading economists tackle this difficult and understudied question, and their responses shed new light on how free-market economies work--and what policies most encourage their growth. The contributors take as their starting point William J. Baumol's 2002 book The Free-Market Innovation Machine (Princeton), which argued that independent entrepreneurs are far more important to growth than economists have traditionally thought, and that an implicit partnership between such entrepreneurs and large corporations is critical to the success of market economies. The contributors include the editors and Robert M. Solow, Kenneth J. Arrow, Michael M. Weinstein, Douglass C. North, Barry R. Weingast, Ying Lowrey, Nathan Rosenberg, Melissa A. Schilling, Corey Phelps, Sylvia Nasar, Boyan Jovanovic, Peter L. Rousseau, Edward N. Wolff, Deepak Somaya, David J. Teece, Naomi R. Lamoreaux, Kenneth L. Sokoloff, Yochanan Shachmurove, Ralph E. Gomory, Jonathan Eaton, Samuel S. Kortum, Alan S. Blinder, Robert J. Shiller, Burton G. Malkiel, and Edmund S. Phelps.
Format:Mode of access: Internet via World Wide Web.
ISBN:9780691227641
9783110442502
9783110784237
DOI:10.1515/9780691227641?locatt=mode:legacy
Access:restricted access
Hierarchical level:Monograph
Statement of Responsibility: ed. by Eytan Sheshinski, William J. Baumol, Robert J. Strom.