Innovation Economics Resources

In the last decade an increasing number of studies and books have been written about innovation economics. We have collected some of this information here as a resource, grouped by topic.

Overall Innovation Economics

Philippe Aghion and Peter Howitt, “On the Macroeconomic Effects of Major Technological Changes,” General Purpose Technologies and Economic Growth ed. Elhanan Helpman (Cambridge, MA: MIT Press, 1998) 21-144.

Brian Arthur, “Competing Technologies: An Overview,” Technical Change and Economic Theory, ed. G. Dosi et al. (London:Pinter, 1988) 590-607.

Brian Arthur, Increasing Returns and Path Dependency in the Economy (Ann Arbor, MI: University of Michigan Press, 1994).

Brian Arthur, “On the Evolution of Complexity” (Sante Fe, NM: Santa Fe Institute, 1993).

Brian Arthur, “On Learning and Adaptation in the Economy” (Sante Fe, NM: Santa Fe Institute, 1992): 7-38.

Robert Atkinson, The Past and Future of America’s Economy: Waves of Innovation that Power Cycles of Growth (Northampton, MA: Edward Elgar, 2005).

Timothy Bresnahan, and Manuel Trajtenberg. “General Purpose Technologies: ‘Engines of Growth’?” Journal of Econometrics 65 (1995): 83-108.

Alessandra Colecchia, “Are Institutionalists an Endangered Species?” Journal of Economic Issues 37(1):111-22

Giovannie Dosi, Innovation, Organization and Economic Dynamics(Northampton, UK: Edward Elgar Publishing, 2000).

Giovanni Dosi, “Opportunities, Incentives and the Collective Patterns of Technological Change,” The Economic Journal 107 (1997): 1530-47.

Christopher Freeman, Unemployment and Technical Innovation: A Study of Long Waves and Economic Development (Westport, CT: Greenwood Press, 1982).

Christopher Freeman, The Economics of Industrial Innovation (Harmondsworth, UK: Penguin, 1974).

Christopher Freeman, “Networks of Innovations: A Synthesis,” Research Policy20 (1991): 499.

Christopher Freeman and Francisco Louca, As Time Goes By: From the Industrial Revolution to the Information Revolution
(New York, NY: Oxford University Press, 2001).

Christopher Freeman and Carlota Perez, “Structural Crises of Adjustment: Business Cycles and investment Behavior,” Technical Change and Economic Theory ed. Dosi et al (London, UK: Pinter, 1988) 38-66.

Christopher Freeman and Luc Soete (eds.), Technical Change and Full Employment (New York, NY: Basil Blackwell, 1987).

Dominique Foray, The Economics of Knowledge (Boston, MA: MIT Press, 2004).

Von Hippel, Sources of Innovation (New York, NY: Oxford University Press, 1988).

Kenan Jarboe, and Robert D. Atkinson, “A Case for Technology in the New Economy” (Washington, DC: Progressive Policy Institute, 1998).

John Kao, Innovation Nation (New York, NY: Free Press, 2007).

Kevin Kelly, New Rules for the New Economy (New York, NY: Viking, 1998).

Nikolai Kondratieff, “The Long Waves in Economic Life,” Review of Economic Statistics 17:6 (1935): 105-15.

Richard Langlois, “Knowledge, Consumption, and Endogenous Growth,” Journal of Evolutionary Economics 11 no. 1(2001):77.

Richard Lipsey, Kenneth Carlaw and Clifford Bekar, Economic Transformations: General Purpose Technologies and Long Term Economic Growth
(New York, NY: Oxford University Press, 2005).

Michael Mandel, Rational Exuberance: Silencing the Enemies of Growth (New York, NY: Harper Collins, 2004).

National Commission on Entrepreneurship Embracing Innovation (Washington, DC: NCE, 2001).

Richard Nelson, Technology, Institutions and Economic Growth (Cambridge, MA: Harvard University Press, 2005).

Richard Nelson, Gerald Silverberg and Luc Soete (eds.), Technical Change and Economic Theory (London and New York: Pinter and Columbia University Press, 1988) 38-66.

Richard Nelson and Sidney Winter, An Evolutionary Theory of Economic Change(Cambridge, MA: Harvard University Press, 1982).

Douglas North, Institutions, Institutional Change and Economic Performance(New York, NY: Cambridge University Press, 1990).

Douglas North, Structure and Change in Economic Performance (New York: Norton, 1981).

Douglas North, Understanding the Process of Economic Change (Princeton: Princeton University Press, 2005).

Carlota Perez, “Structural Change and the Assimilation of New Technologies and Economic and Social Systems,” Futures 15:5 (1985): 357-75.

Carlota Perez, Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages (Cheltenham, UK: Edward Elgar Publishing, 2002).

Michael Piore and Charles Sabel, The Second Industrial Divide: Possibilities for Prosperity (New York: Basic Books, 1984).

Paul Romer, “Endogenous Technological Change,” Journal of Political Economy98:5 (1991): 71-102.

Paul Romer, “Beyond Classical and Keynesian Macroeconomic Policy,” Policy Options July-August (1994): 15-21.

Nathan Rosenberg, Perspectives on Technology (Cambridge: Cambridge University Press, 1976).

Nathan Rosenberg, Inside the Black Box: Technology and Economics

Joseph Schumpeter, Capitalism, Socialism and Democracy (New York: Harper Perennial, 1942).

Joseph Schumpeter, Business Cycles: A Theoretical, Historical and Statistical Analysis of the Capitalist Process (New York: McGraw-Hill, 1939).

Joseph Schumpeter, The Theory of Economic Development, English Translation (Cambridge, MA: Harvard University Press, 1934) First published in German in 1912.

Luc Soete, “Globalization. Employment, and the Knowledge-Based Economy,” in Employment and Growth in the Knowledge-based Economy (Paris: OECD, 1996).

Peter Swann, The Economics of Standardization (London: Department of Trade and Industry, 2000).


Innovation Policy

Philippe Aghion, Paul David, and Dominique Foray, “Linking Policy Research and Practice in “STIG Systems’: Many Obstacles, but Some Ways Forward,” CDMWorking Paper (Lausanne, Switzerland: College of Management of Technology, 2007).

Esko Aho, Proposal for Finland’s National Innovation Strategy (Helsinki, Finland: Ministry of Industry and Employment, 2008)

Markus Balzat and Horst Hanusch, "Recent Trends in the Research on National Innovation Systems," Discussion Paper Series 254 (Universitaet Augsburg, Institute for Economics, 2003).

Markus Balzat and Andreas Pyka, "Mapping National Innovation Systems in the OECD Area," Discussion Paper Series 279 (Universitaet Augsburg, Institute for Economics, 2007).

Johannes Bauer, "Governing the Networks of the Information Society. Prospects and Limits of Policy in a Complex Technical System," (Vienna: Institute of Technology Assessment, 2004).

Bradford De Long, Claudia Goldin, and Lawrence F. Katz, “Sustaining U.S. Growth,” in Agenda for the Nation, ed. H. Aaron et. al. (Washington, DC: Brookings Institution, 2003) 17-60.

Kodama Fumio and Jun Suzuki, "Characterizing Receiver-Active National System of Innovation," Discussion papers 06013 (Japan: Research Institute of Economy, Trade and Industry, 2006 )

John Hagedoorn, Albert Link and Nicholas Vonortas, “Research Partnerships,”Research Policy 29:4 (2000): 567-86.

Kent Hughes, Building the Next American Century: The Past and Future of Economic Competitiveness (Washington, DC: Woodrow Wilson Press, 2005).

Abraham Garcia, "National Systems of Innovations and the Role of Demand. A Cross CountryComparison," UNU-MERIT Working Paper Series 027 (United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology, 2007).

Stephen Knack, and Philip Keefer. “Does Social Capital Have an Economic Payoff? A Cross-country Investigation,” Quarterly Journal of Economics 112:4 (1997): 1252-88.

Maureen Lankhuizen and Rosalinde Klein Woolthuis, "The National Systems of Innovation Approach and Innovation by SMEs," Scales Research Reports (EIMBusiness and Policy Research, 2004).

Dennis Leyden, and Albert Link, “Why are Government R&D and Private R&D Complements?” Applied Economics 23 (1991): 1673-81.

Bart Nooteboom and Erik Stam (eds.), Micro-foundations of Innovation Policy(Amsterdam: Amsterdam University Press, 2008).

Lakhwinder Singh, "Globalization, National Innovation Systems and Response of Public Policy," MPRA Paper 641 ( 2006).

Gregory Tassey, "Globalization of Technology-Based Growth: The Policy Imperative,"The Journal of Technology Transfer June (2008).

James Turner, “The Next Internet Revolution: Laying the Groundwork in the United States,” Innovations Spring (2006): 126-129.


Innovation Growth Theory

Philippe Aghion and Peter Howitt, “A Model of Growth Through Creative Destruction,” Econometrica, 60 (1992): 232-396.

David B. Audretsch, and Max Keilbach. "Entrepreneurship Capital and Economic Performance," Research Discussion Paper No. 3678 (Jena, Germany: Max Planck Institute of Economics, Centre for Economic Policy, 2003).

Kenneth Carlaw and Richard Lipsey, “Productivity, Technology and Economic Growth: What is the Relationship?” Journal of Economic Surveys 17:3 (2003): 457-95.

David Coe and Elhanan Helpman, “International R&D Spillovers,” European Economic Review 39:5 (1995) 859-87.

Robin Cowan, Paul David and Dominique Foray, “The Explicit Economics of Knowledge: Codification and Tacitness,” Industry and Corporate Change 9 no.2 (2000): 211

Paul David, “Path Dependence and Varieties of Learning in the Evolution of Technological Practices,” Technological Innovations an Evolutionary Process(Cambridge: Cambridge University Press, 2000).

Bradford De Long and Lawrence Summers, “Equipment Investment and Economic Growth,” Quarterly Journal of Economics 106:2 (1991): 445-502.

Bradford J. De Long, “Productivity Growth and Investment in Equipment: A Very Long Run Look” Growth and Equipment (1995).

William Easterly, The Elusive Quest for Growth: Economists’ Adventures and Misadventures in the Tropics (Cambridge: MIT Press, 2002).

William Easterly and Ross Levine. “It’s Not Factor Accumulation: Stylized Facts and Growth Models,” World Bank Economic Review 15 (2001):177-219.

William Easterly and Sergio Rebelo, “Fiscal Policy and Economic Growth,” The Journal of Monetary Economics 32 (1993): 417-458.

Charles Jones and John Williams, “Measuring the Social Return to R&D,”Quarterly Journal of Economics 113 (1998): 1119-1135.

Franco Malerba, “Innovation and the Evolution of Industries,” Journal of Evolutionary Economics 16 no.3 (2006):23.

Jan Fagerberg and Martin Srholec, "National Innovation Systems, Capabilities and Economic Development," Working Papers on Innovation Studies (Centre for Technology, Innovation and Culture, University of Oslo, 2007).

Benjamin Friedman, The Moral Consequences of Economic Growth (Cambridge: Harvard University Press, 2005).

Zvi Griliches “The Search for R&D Spillovers,” Scandinavian Journal of Economics94 (1992): 29-47.

Robert Hall and Charles Jones, “Why Do Some Countries Produce so Much More Output per Worker than Others?” Quarterly Journal of Economics 114:1 (1999): 83-116.

Elhanan Helpman, The Mystery of Economic Growth (Cambridge: The Belknap Press, 2004).

Charles Jones, “Sources of US Economic Growth in a World of Ideas,” American Economic Review 92:1 (2002): 220-39.

Peter Klenow, and Sergio Rebelo. “The Neoclassical Revival in Growth Economics: Has It Gone Too Far?” NBER Macroeconomics Journal 12 (1997): 73-103.

William Lewis, The Power of Productivity (London: University of Chicago Press, 2004).

William Low, “Discoveries, Innovations and Business Cycles,” Technological Forecasting and Social Change 26 (1984): 355-73.

Paul Romer, “The Origins of Endogenous Growth,” Journal of Economic Perspectives 8(1): 3-22.

Paul Romer, “Comment on ‘It’s not Facto Accumulation: Stylized Facts and Growth Models’ by William Easterly and Ross Levin,” World Bank Economic Review 15(2): 225-7.

Nathan Rosenberg, “Uncertainty and Technological Progress,” The Mosaic of Economic Growth, ed. R. Landau et. al. (Stanford, CA: Stanford University Press, 1982).

Frederic Scherer, New Perspectives on Economic Growth and Technological Innovation (Washington. DC: Brookings Institution Press, 1999).

Frederic Scherer, “Raising Productivity on the Technological Frontier,” Federal Reserve Bank of Boston Regional Review Fall 25-6: 1996).

Robert Solow, “Technical Change and the Aggregate Production Function”,Review of Economics and Statistics, 39, 1957: 312-20.

Jonathan Temple, “The New Growth Evidence,” Journal of Economic Literature37 March (1999): 112–156.

Joel Slemrod, William G. Gale, and William Easterly. “What Do Cross-Country Studies Teach About Government Involvement. Prosperity and Economic Growth?” Brookings Institution Papers on Economic Activity 2 (1995): 373-431.

Jonathan Temple, “Growth Effects Of Education and Social Capital In the OECDCountries” (Department of Economics, University of Bristol, UK, 19 June 2001).


History of Innovation

Alfred Chandler, Scale and Scope: The Dynamics of Industrial Capitalism(Cambridge: Belknap Press, 1990).

Alfred Chandler, The Visible Hand: The Managerial Revolution in American Business (Cambridge: Harvard University Press, 1977).

Richard John, The Politics of Innovation, Daedalus 127:4 (1998): 187-214.

Joel Mokyr, The Gifts of Athena (Princeton: Princeton University Press, 2002).


IT and Innovation

Timmy Bresnahan, Shane Greenstein, “The Economic Contribution of Information Technology: Towards Comparative and User Studies,” Journal of Evolutionary Economics 11:1 (2001):95.

Erik Brynjolfsson, and Marshall Van Alstyne, Information Worker Productivity: Evidence from Worker Output, Compensation and E-mail Traffic Data(Cambridge: Center for eBusiness, MIT Sloan School of Management, 2005).

Erik Brynjolfsson, Michael D. Smith, and Yu Hu, “Consumer Surplus in the Digital Economy: Estimating the Value of Increased Product Variety at Online Booksellers,” Working Paper 4305-03 (Cambridge: MIT Sloan School of Management School of Management, 2003).

Bo Carlsson, “Internationalization of Innovation Systems: A Survey of the Literature,” Research Policy 35:1 (2006) 56.

Alessandra Colecchia and Paul Schreyer, “The Contribution of Information and Communication Technologies to Economic Growth in Nine OECD Countries,”OECD Economic Studies 34 (2002).

Jason Dedrick, ViJay Gurbaxani, and Kenneth L. Kraemer, “Information Technology and Economic Performance: A Critical Review of the Empirical Evidence,” ACM Computing Surveys 35.1 (2003): 1-28.

John Fernald and Shanathi Ramnath. “The Acceleration in U.S. Total Factor Productivity after 1995: The Role of IT,” Economic Perspectives 1Q (2004).

Dale Jorgenson, “Information Technology and the US Economy,” American Economic Review 90:1 (2001): 1-32.

Dale Jorgenson, Mun Ho, and Kevin Stiroh, Productivity Volume 3: Information Technology and the American Growth Resurgence (Cambridge: MIT Press, 2005)

Dale Jorgenson, Kevin Stiroh, Robert Gordon, Daniel Sichel. “Raising the Speed Limit: U.S. Economic Growth in the Information Age.” (Washington, DC: Brookings Institution, 2000): 125-235.

Van Leeuwen, George and Henry van der Wiel, “ICT, Innovation and Productivity,” ZEW Discussion Paper (Center for European Economic Research, 2004).

Robert Litan and Alice Rivlin, The Economic Payoff from the Internet Revolution(Washington, DC: Brookings Institution, 2001).

Sung-Bae Mun and M. Ishaq Nadiri, “Information Technology Externalities: Empirical Evidence from 42 U.S. Industries” (New York, NY: C.V. Starr Center for Applied Economics, New York University, 2002).

Carlota Perez, “Microelectronics, Long Waves and World Structural Change,”World Development 13:3 (1985): 441-63.

Kevin Stiroh, “What Drives Productivity Growth?” Federal Reserve Bank of New York Economic Policy Review Mar. 2001: 37-59.


Services Innovation

Leonard Berry and Sandro Lampo, “Teaching an Old Service New Tricks: The Promise of Service Redesign,” Journal of Service Research 2:3 (2000): 265.

Leonard Berry, Venkatesh Shankar, Janet Parish, Susan Cadwallader, and Thomas Dotzel, “Creating New Markets Through Service Innovation,” MIT Sloan Managment Review 47:2 (2006).

J.R. Bryson, P.W. Daniels, and B. Warf, Service Worlds: People, Organizations, Technologies (London: Routledge, 2004).

P.W. Daniels and J.R. Bryson, "Manufacturing Services and Servicing Manufacturing: changing forms of production in advanced capitalist economies,"Urban Studies 39:5-6 (2002): 977- 991.

Uday Karmakar, "Service Industrialization and the Global Information Economy,"(Helsinki: Tekes Service Innovation Conference, 2006)

Uday Karmakar, “Will you Survive the Services Revolution?” Harvard Business Review June (2004).

Luísa Lopes and Manuel Godinho, "Services Innovation and Economic Performance: An analysis at the firm level," DRUID Working Papers (DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies, 2005).

Charles Leadbeater and James Wilsdon, The Atlas of Ideas: How Asian Innovation Can Benefit Us All (United Kingdom: DEMOS, 2007)

Gary Loveman, “Diamonds in the Datamine,” Harvard Business Review May (2003)

Charles O’Reilly III and Michael Tushman, “The Ambidextrous Organization,”Harvard Business Review Onpoint 82:4 (2004).

Sandra Rothenberg, “Sustainability through Servicizing,” MIT Sloan Management Review 48:2 (2007)

Succeeding Through Service Innovation: A Service Perspective For Education, Research, Business, and Government (Cambridge, UK: University of Cambridge Institute for Manufacturing and International Business Machines Corporation, April 2008).

Taking Services Seriously: How Policy Can Stimulate the ‘Hidden Innovation’ in the UK’s Services Economy (United Kingdom: NESTA 2008).

Greg Tassey, “The Economics of a Technology-Based Service Sector,” Planning Report 98-2 (Washington, DC: National Institute of Standards and Technology, 1998).


Regional Innovation

Annalee Saxenian, Regional Advantage: Culture and Competition in Silicon Valley and Route 128 (Cambridge, MA: Harvard University Press, 1994).

Asheim Bjørn, Ron Boschma, and Philip Cooke, "Constructing regional advantage: Platform policies based on related variety and differentiated knowledge bases," Papers in Evolutionary Economic Geography (Utrecht University, Section of Economic Geography, revised Nov 2007).

Thorsten Bohn, "Knowledge Intensive Business Services in Regional Systems of Innovation – Initial Results from the Case of Southeast-Finland," ERSAconference papers ersa03p161 (Vienna: European Regional Science Association 2003).

Christophe Carrincarzeaux and Frédéric Gaschet, "Knowledge and the Diversity of Innovation Systems: a Comparative Analysis of European Regions," Working Papers of GRES – Cahiers du GRES

Mario Cimoli and Marina della Giusta, "The Nature of Technological Change and Its Main Implications on National and Local Systems of Innovation," Working Papers (International Institute for Applied Systems Analysis, 1998).

Philip Cooke, "Regional Science Policy and the Growth of Knowledge Megacentres in Bioscience Clusters," ERSA conference papers (European Regional Science Association, 2002): 503.

Karen Mills, Elisabeth Reynolds and Andrew Reamer, Clusters and Competitiveness: A New Federal Role for Stimulating Regional Economies(Washington, DC: Brookings Institution, 2008)

Andres Rodriguez-Pose and Riccardo Crescenzi, " R&D, Spillovers, Innovation Systems and the Genesis of Regional Growth in Europe," Departmental Working Papers of Economics – University ‘Roma Tre’ (Department of Economics, University Roma Tre, 2006).

Alfred Spielkamp and Katrin Vopel, "Mapping innovative clusters in national innovation systems," ZEW Discussion Papers (Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research, 1998): 98-45.