TY - BOOK AU - Arrow,Kenneth J. AU - Baumol,William J. AU - Blinder,Alan S. AU - Eaton,Jonathan AU - Gomory,Ralph E. AU - Jovanovic,Boyan AU - Kortum,Samuel S. AU - Lamoreaux,Naomi R. AU - Lowrey,Ying AU - Nasar,Sylvia AU - North,Douglass C. AU - Phelps,Edmund S. AU - Rosenberg,Nathan AU - Schilling,Melissa A. AU - Shachmurove,Yochanan AU - Sheshinski,Eytan AU - Shiller,Robert J. AU - Sokoloff,Kenneth L. AU - Solow,Robert M. AU - Somaya,Deepak AU - Strom,J. AU - Strom,Robert J. AU - Teece,David J. AU - Weingast,Barry R. AU - Weinstein,Michael M. AU - Wolff,Edward N. TI - Entrepreneurship, Innovation, and the Growth Mechanism of the Free-Enterprise Economies SN - 9780691227641 AV - HC79.T4 U1 - 338 22 PY - 2022///] CY - Princeton, NJ : PB - Princeton University Press, KW - Economic development KW - Congresses KW - Entrepreneurship KW - Technological innovations KW - BUSINESS & ECONOMICS / Economic Conditions KW - bisacsh KW - American Marconi Corporation KW - Athanasoulis, Stefano KW - Bergson, Henri KW - Blanchard, Thomas KW - Brush Electric Company KW - Burlington and Quincy Railroad KW - Carothers, Wallace KW - Cisco Systems KW - Cromwell, Oliver KW - DiCaprio, Leonardo KW - Digital KW - Eaton, Jonathan KW - Economides, Nicholas KW - Emerson, Ralph Waldo KW - Fleming, Alexander KW - Genentech KW - Gomory, Ralph E KW - Hamilton, Alexander KW - Hobbes, Thomas KW - Index of Economic Freedom KW - Intel Corporation KW - James, William KW - Jansky, Karl KW - Jovanovic, Boyan KW - Keller, Wolfgang KW - Keynes, John Maynard KW - Langmuir, Irving KW - Lawrence, Andrew KW - Leonardo da Vinci KW - Lowrey, Ying KW - Mao Zedong KW - Marx, Karl KW - Mauro, Paolo KW - Mowery, David KW - Nasar, Sylvia KW - National Science Foundation KW - Nordhaus, William KW - Oak Park, Illinois KW - Panofsky, Wolfgang KW - Pasteur, Louis KW - aggregative growth theory KW - antitrust policy KW - civil service examinations KW - corporatism KW - democracy KW - eBay KW - engineering disciplines KW - exact boundary theorem KW - exogenous growth models KW - expropriation, governmental KW - intellectual property KW - knowledge spillovers KW - lasers KW - networks: alliance KW - new growth economics KW - optimal portfolio of innovations KW - patent agents N1 - Frontmatter --; Contents --; Preface --; Introduction --; Part I INTRODUCTORY: THE MICROECONOMICS AND MACROECONOMICS OF GROWTH --; Chapter 1 On Macroeconomic Models of Free-Market Innovation and Growth --; Chapter 2 The Macro-context of the Microeconomics of Innovation --; Part II INSTITUTIONAL BASES FOR CAPITALIST GROWTH --; Introduction and Comments --; Chapter 3 Institutional Bases for Capitalist Growth --; Chapter 4 Capitalism and Economic Liberty: The Political Foundations of Economic Growth --; Part III INNOVATION IN MODERN CORPORATIONS --; Introduction and Comments --; Chapter 5 Endogenous Forces in Twentieth-Century America --; Chapter 6 Interfirm Collaboration Networks: The Impact of Network Structure on Rates of Innovation --; Part IV THE CONTINUING ROLE OF INDEPENDENT INNOVATORS AND ENTREPRENEURS --; Introduction and Comments --; Chapter 7 The Small Entrepreneur --; Chapter 8 Toward Analysis of Capitalism’s Unparalleled Growth: Sources and Mechanism --; Part V DISSEMINATION OF TECHNOLOGY AND THE PATENT SYSTEM --; Introduction and Comments --; Chapter 9 Patents, Licensing, and Entrepreneurship: Effectuating Innovation in Multi-invention Contexts --; Chapter 10 The Market for Technology and the Organization of Invention in U.S. History --; Part VI INNOVATION AND TRADE --; Introduction and Comments --; Chapter 11 Innovation and Its Effects on International Trade --; Chapter 12 Innovation, Diffusion, and Trade --; Part VII FINANCE AND INNOVATION IN THE FREE-MARKET ECONOMY --; Introduction and Comments --; Chapter 13 Radical Financial Innovation --; Chapter 14 Finance and Innovation --; Part VIII TOWARD SOME LESSONS --; Introduction and Comments --; Chapter 15 The Economic Performance of Nations: Prosperity Depends on Dynamism, Dynamism on Institutions --; Chapter 16 Pharmaceutical Patenting in Developing Countries and R&D --; Contributors --; Index; restricted access N2 - How much credit can be given to entrepreneurship for the unprecedented innovation and growth of free-enterprise economies? In this book, some of the world's leading economists tackle this difficult and understudied question, and their responses shed new light on how free-market economies work--and what policies most encourage their growth. The contributors take as their starting point William J. Baumol's 2002 book The Free-Market Innovation Machine (Princeton), which argued that independent entrepreneurs are far more important to growth than economists have traditionally thought, and that an implicit partnership between such entrepreneurs and large corporations is critical to the success of market economies. The contributors include the editors and Robert M. Solow, Kenneth J. Arrow, Michael M. Weinstein, Douglass C. North, Barry R. Weingast, Ying Lowrey, Nathan Rosenberg, Melissa A. Schilling, Corey Phelps, Sylvia Nasar, Boyan Jovanovic, Peter L. Rousseau, Edward N. Wolff, Deepak Somaya, David J. Teece, Naomi R. Lamoreaux, Kenneth L. Sokoloff, Yochanan Shachmurove, Ralph E. Gomory, Jonathan Eaton, Samuel S. Kortum, Alan S. Blinder, Robert J. Shiller, Burton G. Malkiel, and Edmund S. Phelps UR - https://doi.org/10.1515/9780691227641?locatt=mode:legacy UR - https://www.degruyter.com/isbn/9780691227641 UR - https://www.degruyter.com/document/cover/isbn/9780691227641/original ER -