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This new book presents the theoretical, econometric and applied foundations of the economics of innovation as well as offering a new approach to the measurement of technical change. The author, a leading expert in innovation economics and management, critically reviews current schools of thought and presents his own contribution to measurement techniques. This significant addition to the literature will be invaluable to graduates, scholars and managers working in the area of technical change, technology and innovation management.

Table of Contents
List of figures       
List of tables       
Preface       
Foreword       
1    Reference scheme for innovative processes    3    
2    Outline of the state of the innovation theory    48    
3    Measurement of the technical properties of innovations (technometrics)     99   
4    Measurement with patent and bibliometric indicators     141   
5    Measurement with resources and progress indicators     189   
6    Selected methodological problems in innovation econometrics     227   
7    A cross-sectional look at progress gaps in national economies     249   
8    Development of technical progress over time    301    
9    Appropriation of innovation rents in a science-driven market     324   
10    Diagnosis of co-ordination defects on innovative markets     372   
11    Identification of niches in a capital goods market     417   
12    Outlines of an innovation economy    451    
References    467   
Subject index    505

544 pages, Hardcover