While the importance of innovation to economic development is
widely understood, the conditions conducive to it remain the focus
of much attention. This volume offers new contributions to
fundamental 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 other nonprofit
research institutions and the ways in which the allocation of funds
between the public and private sectors affects innovation. Other
essays examine the practice of open research and how the diffusion
of information technology influences knowledge accumulation.
General
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