Books
Innovation, Intellectual Property, and Economic Growth
What drives innovation? How does it contribute to the growth of firms, industries, and economies? And do intellectual property rights help or hurt innovation and growth? Uniquely combining microeconomics, macroeconomics, and theory with empirical analysis drawn from the United States and Europe, this book introduces graduate students and advanced undergraduates to the complex process of innovation. By addressing all the major dimensions of innovation in a single text, Christine Greenhalgh and Mark Rogers are able to show how outcomes at the microlevel feed through to the macro-outcomes that in turn determine personal incomes and job opportunities.
In four sections, this textbook comprehensively addresses the nature of innovation and intellectual property, the microeconomics and macroeconomics of innovation, and economic policy at the firm and macroeconomic levels. Among the topics fully explored are the role of intellectual property in creating incentives to innovate; the social returns of innovation; the creation and destruction of jobs by innovation; whether more or fewer intellectual property rights would give firms better incentives to innovate; and the contentious issues surrounding international treaties on intellectual property.
About the Authors
Professor Christine Greenhalgh is an Emeritus Professor of Applied Economics, Department of Economics, Oxford University, and has been the Economics Research Director of the Oxford Intellectual Property Research Centre since 1995 (website www.oiprc.ox.ac.uk). Professor Greenhalgh undertakes research in the field of the economics of innovation, intellectual property (IP) and technological change. For several years she was involved in documenting the extent of patents and trademarks held by large UK production firms and estimating the value of this intellectual property. Another study focused on trademarks with an emphasis on service sector firms, which have been neglected in the existing literature despite their major importance in economic output and employment. Current research (joint with Dr Mark Rogers) is focusing on the intellectual property held by small and medium-sized enterprises. New datasets have again been constructed to document the extent of use of IP by SME and micro firms and an on-line survey has been conducted to generate information about the enforcement of IP rights by these smaller firms.
Dr Mark Rogers is a Senior Research Associate of the Oxford Intellectual Property Research Centre and a Senior Fellow of the Melbourne Institute of Applied Economics and Social Research, the University of Melbourne.
To order Innovation, Intellectual Property and Economic Growth visit the Princeton University Press website.
2007, 384 pages, ISBN978-0-691-13799-5 (Paper), ISBN 978-0-691-13798-8 (Cloth)