Cover

Half-title

Title

Copyright

Contents

List of figures

List of tables

List of contributors

Prefatory note

Introduction

1 Why a book on "perspectives on innovation"?

2 The themes of this book

2.1 Innovation and economic growth

2.2 The micro dynamics of the innovation process

2.3 Innovation and industrial dynamics

2.4 Institutions for innovations and innovation in institutions

2.5 Innovation, firms' organization, and business strategies

2.6 Innovation and entrepreneurship

2.7 Innovation and the evolution of the university system

2.8 Innovation and public policy

3 The contributions to the volume

3.1 Innovation and economic growth

3.2 The micro dynamics of the innovation process

3.3 Innovation and industrial dynamics

3.4 Institutions for innovations and innovation in institutions

3.5 Innovation, firms' organization, and business strategies

3.6 Innovation and entrepreneurship

3.7 Innovation and the evolution of the university system

3.8 Innovation and public-policy

4. As a way of conclusion …

References

Part 1 Innovation and economic growth

1 Understanding economic growth as the central task of economic analysis

Introduction

1.1 Economic growth as the appropriate central focus of economic analysis

1.2 The development of evolutionary growth theory, and diminishing returns

1.3 Promising new directions

References

2 Innovation and economic growth theory: a Schumpeterian legacy and agenda

Introduction

2.1 Economic growth theory in the 1950s and 1960s: a legacy lost

2.2 Competing Schumpeterian paradigms for explaining the relation between growth and technology

2.2.1 The evolutionary approach to technology and growth

2.2.2 Neoclassical views of economic growth and technology

2.3 The Schumpeterian legacy assessed: an outlook on the theory of innovation and growth

References

Comments to Chapters 1 and 2: Understanding economic growth

References

Part 2 The microdynamics of the innovation process

3 Schumpeter's prophecy and individual incentives as a driver of innovation

Introduction

3.1 Technological change and the incentives of individuals

3.2 Incentives of researchers, scientists, and inventors

3.3 Do individual incentives matter for innovation?

3.4 Individual incentives and innovation: an agenda

3.5 Implications

3.5.1 Management

3.5.2 Policy

3.6 Conclusion

References

4 Creative destruction in the PC industry

4.1 Introduction because it is there! Why?

4.1.1 Technology and demand

4.1.2 Organizations

4.1.3 Threats and policies

4.2 A wave, preceded and proceeding

4.2.1 Preceding a wave

4.2.2 Office applications

4.2.3 A wave enabled

4.2.4 A wave

4.2.5 Mixed incentives for openness and vertical disintegration

4.2.6 Creative destruction in waves

4.3 One wave after another

4.3.1 Divided technical leadership

4.3.2 Clone competition

4.3.3 Precedents to another wave

4.3.4 Consequences of a wave

4.3.5 The origins of entrants

4.4 A wave rebuffed: sea change or seawall?

4.4.1 Precedents to a wave

4.4.1.1 Anticipatory innovations

4.4.2 Beginnings of a wave

4.4.2.1 Reactions of existing firms

4.4.3 End of a wave

4.4.3.1 Lessons of blocked creative destruction

4.5 Conclusion

References

Comments to Chapters 3 and 4: Stemming the tide of creative destruction?

References

Part 3 Innovation and industrial dynamics

5 Statistical regularities in the evolution of industriesa guide through some evidence and challenges for the theory

Introduction

5.1 Firm sizes, growth rates and profitabilities

5.1.1 Size distributions

5.1.2 Corporate growth rates

Growth variability

Growth rates distributions

Autocorrelation in growth rates

5.1.3 Profitabilities and their dynamics

5.1.4 The statistical structure of industrial evolution: some concluding remarks

5.2 Behind heterogeneous performances: innovation and production efficiency

5.2.1 Technological innovativeness

5.2.2 Production efficiencies

5.2.3 Corporate capabilities, competition and performances

5.3 Evolutionary interpretations: corroborations and challenges by way of a conclusion

References

6 Spin-off entry in high-tech industries: motives and consequences

Introduction

6.1 Empirical regularities concerning spin-offs

6.2 Existing theories of spin-off formation

6.3 Disagreements and spin-offs: a new model

6.3.1 The dynamics of disagreement

6.3.2 The hazard of spin-off formation

6.3.3 The effect of acquisitions

6.3.4 Spin-off quality

6.3.5 Parent quality and the spin-off hazard

6.4 Discussion

6.5 Appendices

References

Comments to Chapters 5 and 6

References

Part 4 Innovation and institutions

7 Schumpeterian innovation in institutions

Introduction: Schumpeter revisited on innovation

7.1 Using the game-theoretic frame for understanding institutions

7.2 The primitive domains and three modes of their linkages

7.3 Three mechanisms of institutional change

7.3.1 Schumpeterian dis-bundling and new-bundling

7.3.2 Overlapping social embeddedness

7.3.3 Dynamic institutional complementarities

7.4 Schumpeterian innovation in an institution of innovation

7.5 Concluding remarks

References

8 Innovation and Europe's academic institutions – second thoughts about embracing the Bayh–Dole regime

8.1 Innovation and universities' role in commercializing research results: should Europe be imitating America's Bayh–Dole experiment?

8.1.1 Introduction

8.2 An innovative epoch in the European university system

8.2.1 Institutional creativity envisaged

8.2.2 The "vision" deciphered

8.2.3 The evolving legacy of medieval institutional innovation

8.3 Back to the future the quest for the "wealth-creating" university reconsidered

8.4 Towards "evidence-based policies" for science and technology in the ERA

8.4.1 Is there a problem, and where does it lie?

8.4.2 Does the Bayh–Dole regime offer a suitable model for international adoption?

8.4.3 Could the exploitation of intellectual property really offset universities' costs?

8.5 Developing institutional innovations for innovative Europe

8.5.1 Hopeful monsters and plain monsters

8.6 A summing up

References

Comments to Chapters 7 and 8: Institutions and innovation

Institutions

Institutions as rules of the game

Some critical remarks

The Silicon Valley story

Bringing Bayh–Dohle to Europe – a case of pervert international institutional learning?

The role of universities in the learning economy

Walras+ as strategy for Europe

Conclusion

References

Part 5 Innovation, firms’ organization, and business strategies

9 Bringing selection back into our evolutionary theories of innovation

Introduction

9.1 Problems of competence

9.2 Problems of variety

9.3 Problems of selection

9.2.1 Heterogeneity in selection criteria

9.2.2 Selection in organizations and the Iron Law of Hierarchy

9.2.3 Problems of intermediate selection along development journeys

9.2.4 Bringing evaluation into our models of search

9.3 Conclusion

References

10 From leadership to management: mobilizing knowledge for innovation in strategic alliances

Introduction

10.1 The collaboration and its interpretation

10.1.1 Initial Conditions

10.2 The alliance design

10.3 Evolution

10.4 Conclusion

References

Comments to Chapters 9 and 10: Innovation and organizations: comments and perspectives

Doz, Cuomo and Wrazel: managing an alliance for innovation

Levinthal the role of selection in innovation

Internal selection in the HP–ST alliance

References

Part 6 Innovation and entrepreneurship

11 Schumpeterian legacies for entrepreneurship and networks: the social dimensions of entrepreneurial action

Introduction

11.1 What do we know about entrepreneurship and networks?

11.2 Schumpeter's legacy for entrepreneurship and networks

11.2.1 Schumpeter and entrepreneurship

11.2.2 The forgotten legacy of Schumpeter for entrepreneurship and networks: entrepreneurial action as rational, social and creative

11.2.3 Schumpeter and networks

11.3 Discussion

11.4 Conclusions

References

12 Knowledge-based entrepreneurship: the organizational side of technology commercialization

Introduction

12.1 The nature of scientific knowledge and its transfer conditions

12.2 Competition between business conceptions: the entrepreneurial sorting process

12.3 Start-up firms and the decay of founder knowledge

12.4 Incumbent firms and the role of intra organizational career paths

12.5 Conclusions

References

Comments to Chapters 11 and 12

References

Part 7 Innovation and evolution of the university system

13 Academic entrepreneurs and technology transfer: who participates and why?

Introduction

13.1 The technology-transfer process

13.1.1 Inventive capacity

13.1.2 Entrepreneurial propensity

13.2 Data, variables, and methods

13.3 Results

13.4 Reflective conclusions and further research

References

14 Modelling and measuring scientific production: a first estimation for a panel of OECD countries

Introduction

14.1 Modelling and measuring scientific production

14.1.1 A knowledge production function model

14.1.2 Data sources

14.2 The polynomial distributed lag model

14.3 The search for spillovers

14.3.1 Testing for the contribution of proximity

14.3.2 The importance of the United States

14.4 Conclusions

References

Comments to Chapters 13 and 14

References

Part 8 Innovations and public policy

15 Innovation systems, innovation policy and restless capitalism

Introduction

15.1 Evolving knowledge and the evolving economic order

15.2 A systems innovation policy perspective

15.3 Concluding remarks

References

16 Intellectual property rights and competition policy

Introduction

16.1 Monopoly and innovation

16.2 Monopoly and types of innovation

16.3 Ex ante and ex post incentives to innovate

16.4 Do intellectual property rights inhibit innovation?

16.5 Current and future innovation

16.6 Conclusion

References

17 The policy-shaper's anxiety at the innovation kick: how far do innovation theories really help in the world of policy?

Introduction

17.1 Defining the policy field and its boundaries

17.2 Legitimizing an increase in resources for public intervention: the charm of the 'linear model'?

17.3 Delineating the problems to be solved and setting objectives

17.4 Inventing policy instrumentsthe example of research programme design options

17.5 Conclusions

References

Index