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This timely book argues that the overcrowding of national parks in the United States represents a social problem in need of public sector action and a policy solution, as no systematic means to address this problem has been implemented either nationally or on a park-by-park basis. Throughout the book, Albert N. Link provides an innovative pricing solution to the overcrowding of the parks which will help to change the existing status quo. Utilizing a methodology grounded in economics, and expanding the use and policy relevance of the concept of public sector entrepreneurship, the author illustrates how individuals respond to prices and offers a method to estimate the impact of a seasonal entrance fee based on calculated price elasticities of demand. Chapters also provide recommendations for increases in seasonal entrance fees individually for each of the national parks that currently have an entrance fee. Public Sector Entrepreneurship will be a key resource for academics and students in the fields of entrepreneurship, public management and resource management who are looking to use economics as a framework for analyzing tourism topics, as well as environmental researchers and public policy officials responsible for national parks.
Written by a plethora of expert contributors from a range of institutions, the Handbook of Technology Transfer provides an engaging deep-dive review of technology transfer as a complex and dynamic process, applying different mechanisms characterising activities in a variety of countries. The Handbook takes a fresh look at how technology transfer comprises at least four dimensions: the underlying mechanism of transferring knowledge; the role of individuals that trigger the transfer; the role of institutions where the transfer takes place, and lastly the role of governments and politics. Split into four distinct parts, this insightful Handbook fully examines each of these dimensions and the roles that each of them play in technology transfer, highlighting university institutions in Europe and North America in particular. Forward-thinking, it also delves into future innovation implementation in emerging economies where resources are limited, and the challenges faced as a result. This enlightening Handbook will be an excellent resource for scholars of business management, economics and information technology. It will also be of great interest to policy-makers of innovation and entrepreneurship given its in-depth look at technology transfer and innovation.
While much has been written about the U.S. Small Business Innovation Research (SBIR) program from both an institutional and a policy perspective, there remains a conspicuous void of general information about firms and research projects that are funded through the program. Providing a multi-dimensional picture of such firms and their projects, this incisive book is designed to help the reader understand in more depth the social benefits associated with the SBIR program. Albert N. Link and Martijn van Hasselt discuss the U.S. SBIR program from an institutional, empirical, and policy perspective, examining the policy transfer of the program to other countries, the transfer of technical knowledge through patents and scientific publications, and the technology transfer of commercialised research outputs. Exploring new program and project relationships, the book could serve as a springboard for future in-depth analyses about the SBIR program and its impact on economic and social matters. Forward-thinking in approach, Small Firms and U.S. Technology Policy provides a roadmap for future academic and policy research into the SBIR program, making it a valuable read for scholars and students of business and management studies. U.S. and international policymakers and business owners will also benefit from its discerning look into the SBIR program.
This book is about inventions and innovation in U.S. Federal Laboratories. The inventions discussed are defined by the technology transfer mechanism known by the term invention disclosures, and the innovations that follow are outputs from the technology transfer process. The demonstrated positive relationships in the book's model are the groundwork for suggesting not only a rethinking of the extant empirical research, within the context of a knowledge production function, but also a refocusing of U.S. technology policy in support of technology transfer from Federal Laboratories. Invention, Innovation and U.S. Federal Laboratories brings a comprehensive and accessible discussion of technology transfer to academic researchers in economics, public policy, and public administration, as well as to policy makers and Federal Laboratory directors.
New technologies, with their practical contributions, provide social value. The chapters in this volume view this social value from a program evaluation perspective, and the focus of the evaluations is the generation of new technology funded by public sector agencies. Through keen and approachable analysis, the authors provide important background on both methodology and application. Link and Scott have assembled a collection of their seminal works on the social value of new technology. The first paper provides a general, hands-on overview of the theory and practice of program evaluation, while remaining chapters go on to focus on a number of public sector programs ranging from the U.S. Department of Defense Small Business Innovation Research program to Canada's programs to support the development of medical imaging technology. The authors demonstrate that this area of research is relevant not only to established scholars and practitioners, but also to students. This book will serve as a valuable resource to academic researchers and graduate students in public administration, public policy, and economics, as well as practitioners in the evaluation field. Contributors include: S.D. Allen, D.B. Audretsch, B.M. Downs, L.M. Hillier, D.P. Leech, S.K. Layson, A.N. Link, A.C. O'Connor, J.T. Scott
Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business and law, expertly written by the world's leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. This insightful Advanced Introduction provides an in-depth review of current U.S. technology policy, tracing the legislative history of policies such as the Economic Recovery Tax Act, the Small Business Innovation Development Act and the National Cooperative Research Act. The critical elements of the ecosystem in which technology policy exists are also discussed, with a particular focus on U.S. patent policy and U.S. investments in infrastructure technology. Key features include: Historical trace of U.S. technology policy ideas over the past 75 years Comparison of U.S. technology policies to those in other nations Agenda for future thinking about U.S. technology policy Integrated discussion of U.S. technology policy Economic rationale for U.S. technology policy This Advanced Introduction will be invaluable for international business leaders and policymakers, in addition to scholars in economics, public administration, business and public policy.
This book discusses technology policy and innovation policy from an international perspective, with a particular emphasis on the policies of the United States and the United Kingdom. The importance of these policy areas, as well as their relationship to one another, is a unifying theme throughout, and this relationship is illustrated through an integrating policy framework. Private sector and public sector investments in R&D are posited to be the relevant target variables for technology policy, and vehicles to provide incentives for making each more effective are discussed along with suggestive information about how effective incentives have actually been. Consideration is given to the unintended consequences of technology policy. Also emphasized is the environment in which technology policy is promulgated and its relationship to a global innovation ecosystem. Innovation policy is a consequence of technology policy, and the innovation policies of various countries are also discussed. Technology and Innovation Policy will benefit academic researchers, senior scientists, innovation and technology policy makers, and graduate students who seek a deeper understanding of the relationship between technology and innovation policies from an international perspective.
Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business and law, expertly written by the world's leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. This insightful Advanced Introduction provides an in-depth review of current U.S. technology policy, tracing the legislative history of policies such as the Economic Recovery Tax Act, the Small Business Innovation Development Act and the National Cooperative Research Act. The critical elements of the ecosystem in which technology policy exists are also discussed, with a particular focus on U.S. patent policy and U.S. investments in infrastructure technology. Key features include: Historical trace of U.S. technology policy ideas over the past 75 years Comparison of U.S. technology policies to those in other nations Agenda for future thinking about U.S. technology policy Integrated discussion of U.S. technology policy Economic rationale for U.S. technology policy This Advanced Introduction will be invaluable for international business leaders and policymakers, in addition to scholars in economics, public administration, business and public policy.
Elgar Research Agendas outline the future of research in a given area. Leading scholars are given the space to explore their subject in provocative ways, and map out the potential directions of travel. They are relevant but also visionary. Within the span of a generation, innovation and entrepreneurship have emerged as two of the most vital forces in the economy and in society. This Research Agenda highlights new insights and approaches to guide future thinking, research and policy in the area. To accomplish this, the editors have brought together a group of accomplished scholars spanning economics, management, public policy and finance. Drawing on the experiences and insights of leading scholars this Research Agenda covers a broad array of rich and promising topics, including entrepreneurial ecosystems, finance and the role of universities. Focusing on the intersection and overlap between the two disciplines, the Research Agenda begins by establishing the theoretical basis between the two topics, before exploring impact, context, academic entrepreneurship, start-ups, policy and corporate governance. The book concludes with three provocative chapters: Friederike Welter highlighting the power of words and images, Sameeksha Desai discussing the role of artificial intelligence and Mark Casson presenting a case for radical change to how entrepreneurship is studied. Presenting the most salient findings and themes in current literature, A Research Agenda for Entrepreneurship and Innovation is essential for researchers in innovation, as well as policy makers at both the local and national levels influenced by the increasing importance of entrepreneurship and innovation.
There is growing interest in the relationship between gender and entrepreneurial activity. In this book, 37 eminent scholars from diverse academic disciplines contribute cutting-edge research that addresses, from a gender perspective, three general areas of importance: key characteristics of entrepreneurs, key performance attributes of entrepreneurial firms, and the role of financial capital in the establishment and growth of entrepreneurial firms. Each chapter focuses on original, burgeoning themes related to gender and entrepreneurship, with forward-looking research that highlights key findings. For example, some authors show how the so-called 'gender divide' in patenting is greater than in publishing for academic entrepreneurs. Others explore the corruption in business practices, which is less for women entrepreneurs than their male counterparts, and explain why gender diversity is higher in equity crowdfunding than in other entrepreneurial finance markets. The book takes a global approach, offering examples of entrepreneurs from around the world. Scholars and students interested in entrepreneurship and the role of gender in business will find this volume informative and eye opening. Contributors include: D.B. Audretsch, D. Benaroio, O. Bengtsson, A. Blume, M.E. Blume-Kohout, F. Carne, S. Coleman, J.A. Cunningham, B. Dolan, R.K. Goel, D. Goektepe-Hulten, C.S. Hayter, J. Hegland, N. Hodges, M. Johannesson, E. Karpova, M. Koparanova, E. Leahey, E.E. Lehmann, A.N. Link, L. Lynch, V. Mangematin, S. Marcketti, R. Mohammed, C. O'Kane, P. O'Reilly, M. Parker, R. Ram, A. Robb, T. Sanandaji, C. Trentini, S. Vismara, K. Watchravesringkan, M. Williams, K. Wirsching, R.-N. Yan, J. Yurchisin
Entrepreneurship these days is evident, even showcased, in so many places that it is harder for anyone interested in the field to really know about all of its many facets. That diversity is what makes the Concise Guide so essential. The Guide's ability to provide an expert's take in just a couple of pages on key topics in entrepreneurship is a boon to anyone interested in entrepreneurship. This is not a volume for your bookcase. You will want it at-hand as your explore the world of entrepreneurship.' - Jerome Katz, Saint Louis University, USThe Concise Guide to Entrepreneurship, Technology and Innovation brings together internationally recognized scholars to summarize the state of knowledge about fundamental topics in entrepreneurship, technology, and innovation. Written by the top international scholars in their field, this book has an encyclopaedic range; from academic entrepreneurship to valuing an entrepreneurial enterprise. Each chapter provides an informed overview of the topic and references in each chapter guide the reader to the more advanced literature. This landmark book will be the first port of call for any student or scholar seeking a brief introduction to each of the fundamental topics in entrepreneurship, technology, and innovation. Contributors: D.B. Audretsch, C. Boardman, B. Bozeman, S.R. Bradley, A. Burke, U. Cantner, M. Casson, S. Cazzago, J.A. Cunningham, P. Davidsson, A. De Massis, M. Deloof, D. Dunlap, W. Geoghegan, V. Ghosal, J. Hanssens, C.S. Hayter, M. Herzig, A. Kao, M. Kenney, D.F. Kuratko, H. Landstroem, E.E. Lehmann, D.P. Leyden, X. Liu, A.N. Link, S. Manigart, G.D. Markman, H. Meier, M.H. Morris, A.J. Nelson, C. O'Kane, D. Organ, S. Parker, G.T. Payne, M. Perkmann, L.S. Peters, P.H. Phan, E.A. Prasetio, J.H. Rooksby, G.E. Shockley, T. Standaert, A. Talrico, R. Thurik, T. Vanacker, S. Vismara, N.S. Vonortas, J. West, P. Westhead, K. Wirsching, M. Wright
This comprehensive single volume includes seminal articles written by eminent scholars that study the role of standards in the competitive process, the diffusion of standards throughout industry and the role of the public sector in support of standards development. With an original introduction by the editor, this volume is an excellent source of reference and provides an invaluable foundation for students and researchers interested in standards.
This book examines knowledge-intensive entrepreneurship (KIE) with a focus on the European textile and apparel industries. The primary purpose is to review the extant academic literature related to the European textile and apparel industries and reflect on that review empirically using a new and robust database on KIE to discover patterns between human capital and strategic entrepreneurial and innovative behavior. According to the Advancing Knowledge-Intensive Entrepreneurship and Innovation for Economic Growth and Social Well-being in Europe (AEGIS) project, KIE is defined as an interface between knowledge generation and diffusion and the productive system. Knowledge-intensive entrepreneurs are thus involved in mechanisms that translate knowledge into innovation, which in turn leads to economic development and growth within an industry and/or region. To date, KIE is often associated with high-tech industries such as aerospace, computer engineering, automotive or telecommunications. For this reason, few studies have been conducted that specifically examine KIE as an avenue for firm or sector growth in the textile and apparel industries. However, new studies have positioned these industries as ones in which KIE can foster growth through innovation, and where products and processes are often evaluated within a knowledge-based framework. Building on this growing literature base, this volume explores potential policies and strategies for driving innovation and growth at the firm and industry levels in Europe and other regions, including the United States.
This book explores public sector entrepreneurship from an international perspective. It features essays from eminent scholars in the field addressing entrepreneurial public policies from different countries. Public sector entrepreneurship is at the cusp of becoming a watchword in international policy circles. This book is a pioneer volume in this emerging field and provides topics and policies that are broadly applicable across different economies. Public sector entrepreneurship refers to innovative public policy initiatives that generate greater economic prosperity by transforming a status-quo economic environment into one that is more conducive to economic units engaging in creative activities in the face of uncertainty. In today's economy, public sector entrepreneurship affects that transformation primarily by increasing the effectiveness of knowledge networks; that is, by increasing the heterogeneity of experiential ties among economic units and the ability of those same economic units to exploit such diversity. Through policy initiatives that are characterized by public sector entrepreneurship, there will be more development of new technology and hence more innovation throughout the economy.
Scholars in the science and technology field have not collectively questioned, much less proposed, an agenda for policy makers. Now is an appropriate time for such an undertaking. First, there is a growing belief that the U.S. national research and development system, like that of many industrial nations, is changing due to global competitive pressures and advancements in information technology and electronic commerce. Second, industry's R&D relationship with the academic research community is changing not only because of the global competition but also because of alterations in the level of government support of fundamental research. As a result, policy makers will need to rethink their approaches to science and technology issues. This volume is a collection of essays by scholars about innovative policy in the knowledge-based economy. By knowledge-based economy we mean one for which economic growth is based on the creation, distribution, and use of technology. As such, innovation policy in such an economy must enhance the creation, distribution, and use of knowledge that leads to the creation, distribution, and use of technology. This volume considers elements of an innovation policy: innovation policy and academic research, innovation policy in electronic commerce, and innovation policy and globalization issues.
Research and development (R & D) leads to innovation, and innovation leads to technological change. Technological change, in turn, is the primary driver of economic growth. Public/private partnerships -- cooperative relationships among industry, government, and/or universities -- leverage the efficiency of R & D and are thus a critical aspect of a nationa (TM)s innovation system. This text is intended for upper-level undergraduate and MBA courses such as Economics and Technology, Economics of Innovation, and Economics of Science and Technology, among others. The first chapter introduces the concept of public/private research partnerships along with other concepts fundamental to an understanding of innovation and technology policy. The framework chapters (2-5) set forth an argument for the publica (TM)s role a" governmenta (TM)s role a" in innovation in general and in public/private partnership in particular. The remaining chapters (6-14) describe a number of public/private partnerships and, to the extent possible, evaluate their social impact.
Cyberspace is the nervous system of today's advanced economies, linking critical infrastructures across public and private institutions. The authors of this book comprehensively explore the many issues surrounding this unique system, including private sector cyber security investment decisions and implementation strategies, public policy efforts to ensure overall security, and government's role in the process. The authors draw primarily on case-based information and focused survey data to describe and critique the economic strategies and broad technical approaches that private sector organizations adopt to secure their information technology infrastructure. Based on an analysis of these strategies, they propose several public policy responses that go beyond those that have come from recent policy reports. These responses include the construction of a national database of reliable and cost-effective information suitable for benchmarking, and public research and development support for innovations and infrastructures. The authors discuss the goal of such efforts: to shift private investments toward more socially-optimal proactive levels and to develop standards and protocols to ensure a more effective use of cyber security technologies. The first systematic analysis of the economics of cyber security, this insightful book will be of great interest to private and public sector managers and strategists involved in cyber security, as well as academics and researchers in the fields of economics, management, information systems, systems engineering, political science, and public policy.
In an era of intense knowledge-based globalization and technology-based competition, the central role of networks, alliances and partnerships is now becoming recognized. By looking at the dynamics of these strategic organizational activities, leading authors in the field examine, in this book, how firms align themselves, how they use networks and enter into partnerships in order to develop new or radically improved processes, and how they introduce new or radically improved products to the market. The topic excludes, as the primary interest, spatial effects, such as those found in geographic clusters, or in regional innovation systems. The focus here is instead on the innovation process, and therefore examines framework issues about how we can assess networks of innovators, measurement issues for both researchers and official statisticians, and impact issues for both industry strategists and policy makers. Using an evolutionary perspective, and drawing on a range of disciplines, Networks, Partnerships and Alliances explores important issues at the conceptual, methodological and comparative levels concerning the construction of comparative advantage.
Technology Transfer and US Public Sector Innovation provides an overview of US technology policies that are the genesis for observed technology transfer activities. By describing the technology transfer process from US federal laboratories and other public sector organizations, this exploration informs the reader in detail of how the transfer process behaves and the social benefits associated with it. Empirical information and evidence are presented on myriad forms of technology transfer including, but not limited to, patents, licenses and CRADA activity. Publications are a form of technology transfer as are new metrics that quantify the efficiency of the technology transfer process. Link and Oliver's work will be of great use to public policy makers in industrialized countries, scientists in federal laboratories worldwide and academic researchers. In addition, it will hold an important position in national and academic libraries.
Inadequate investment in innovation is particularly costly in today's globally competitive environment where continued technological advancements are critical to sustaining economic prosperity. The government has a critical role in ensuring that society's general interest in innovation, and the public good associated with innovation, is represented in private-sector decision making. This can be accomplished through a variety of programs and initiatives that reward innovation at all levels. The various activities that make this possible fall into two general categories: (1) the creation and maintenance of a legal environment that encourages private sector investment in innovation (patents and the relaxation of antitrust); and (2) the provision of incentives to overcome the natural inclination of private parties to consider only their private benefits when choosing the level of innovation in which to invest (governmental grants and contracts to targeted tax incentives). The role of government, more specifically, can be found in three key areas: (1) funding of research and development performed in the private sector; (2) funding of Federal laboratory research activities and the effective transfer of that knowledge to the private sector; and (3) encouraging the industry-university collaboration in research and development. It is these three areas of research that generate technologies fundamental to increasing the rate of technological development in the private sector, and it is these areas that are the focus of this book.
The impact of technological change on the wider economy, especially its impact on economic growth, has been one of the key themes in the transition from the industrial age to the information age.
Public Accountability: Evaluating Technology-Based Institutions presents guidelines for evaluating the research performance of technology-based public institutions, and illustrates these guidelines through case studies conducted at one technology-based public institution, the National Institute of Standards and Technology (NIST). The aim of this book is to demonstrate that a clear, more precise response to the question of performance accountability is possible through the systematic application of evaluation methods to document value. The authors begin with a review of the legislative history of fiscal accountability beginning with the Budget and Accounting Act of 1921, and ending with the Government Performance and Results Act of 1993. A discussion of existing applicable economic models, methods, and associated metrics follows. The book concludes with evaluation case studies.
Metrology is the study of measurement science. Although classical economists have emphasized the importance of measurement per se, the majority of economics-based writings on the topic have taken the form of government reports related to the activities of specific national metrology laboratories. This book is the first systematic study of measurement activity at a national metrology laboratory, and the laboratory studied is the U.S. National Institute of Standards and Technology (NIST) within the U.S. Department of Commerce. The primary objective of the book is to emphasize for academic and policy audiences the economic importance of measurement not only as an area of study but also as a tool for sustaining technological advancement as an element of economic growth. Toward this goal, the book offers an overview of the economic benefits and consequences of measurement standards; an argument for public sector support of measurement standards; a historical perspective of the measurement activities at NIST; an empirical analysis of one particular measurement activity at NIST, namely calibration testing; and a roadmap for future research on the economics of metrology.
There has been a dramatic increase in expenditures on public goods over the past thirty years, particularly in the area of research and development. As governments explore the many opportunities for growth in this area, they - and the general public - are becoming increasingly concerned with the transparency, accountability and performance of public programs. This pioneering Handbook offers a collection of critical essays on the theory and practice of program evaluation, written by some of the most well-known experts in the field. As this volume demonstrates, a wide variety of methodologies exists to evaluate particularly the objectives and outcomes of research and development programs. These include surveys, statistical and econometric estimations, patent analyses, bibliometrics, scientometrics, network analyses, case studies, and historical tracings. Contributors divide these and other methods and applications into four categories - economic, non-economic, hybrid and data-driven - in order to discuss the many factors that affect the utility of each technique and how that impacts the technological, economic and societal forecasts of the programs in question. Scholars, practitioners and students with an interest in economics and innovation will all find this Handbook an invaluable resource. Contributors include: S. Arvanitis, B. Bozeman, S. Casault, S.E. Casey, I. Feller, M.P. Gallaher, D.O. Gray, A.J. Groen, D. Hicks, J.E. Jankowski, G.B. Jordan, G. Kingsley, A.N. Link, J.D. Linton, R.J. Loomis, J. Melkers, A.C. O Connor, D. Rivers, R. Ruegg, J.T. Scott, P. Thomas, N.S. Vonortas
The relationship between the innovative behavior and the minority status, gender, and immigration status of, for example, owners, directors, principal investigators, and project managers has only begun to be explored, especially within and among entrepreneurial organizations. Data limitations are certainly one culprit for the paucity of research in this area, but also the economics literature has been slow to move from a technical capital (i.e., investments in R&D) to an innovative behavior focus to an alternative focus that examines the relationship between dimensions of human capital of those who are involved with R&D investments and resulting innovative behavior. The chapters in this edited volume advance this body of thought. These chapters represent foundational research for a nature versus nurture discussion as it relates to innovative behavior, especially a discussion that considers the innovative behavior within and among entrepreneurial organizations. The chapters in this book were originally published as a special issue of Economics of Innovation and New Technology. |
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