The Economics of Innovation An Introduction
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Contents
List of figures vii
List of tables ix
Preface xi
PART I CONTEXT
]. What is the economics of innovation about? 3
2. Innovation in the history of economic thought 7
PART II ASPECTS OF INNOVATION
3. Basic concepts in innovation 23
4. Process innovation 38
5. Product innovation 48
6. Innovative pricing 67
7. Network effects and standards 82
8. Intellectual property 103
PART III HOW FIRMS ACHIEVE INNOVATION
9. Invention and creativity 119
10. The entrepreneur and innovation 131
11. Organisation for innovation 135
12. Vision and innovation 14 ]
13. Clusters and networks 147
14. Division of labour 173
PART IV INNOVATION AND THE CONSUMER
15. The passive consumer and the active consumer 187
16. The diffusion of innovations ] 98
PART V THE EFFECTS OF INNOVATION
17. Innovation and trade 209
18. Innovation and market structure 217
19. Innovation and wealth creation 234
20. Innovation and competitiveness 247
21. Innovation and sustainability 252
PART VI INNOVATION AND GOVERNMENT
22. Innovation and policy 257
Appendix: supplementary reading 273
References 279
Index of names 291
Index of topics 295
