Innovation Policy and the Economy, Volume 5
Adam B. Jaffe, Josh Lerner, Scott Stern
National Bureau of Economic Research, 2005 - Business & Economics - 165 pages
The economic importance of innovation brings with it an active debate on the impactpublic policy has on the innovation process. This annual series, sponsored by the National Bureau ofEconomic Research, brings the work of leading academic researchers to the broader policy community.This volume considers such topics as the implications of software outsourcing for Americantechnology leadership; the complementary roles of large corporations and entrepreneurs in developinginnovative technology; city-level policy and planning that establishes a "jurisdictional advantage"in the value of local resources; the effect of taxes on entrepreneurship; and how to incorporateinnovation into the analysis of business mergers. These papers highlight the role economic theoryand empirical analysis can play in evaluating policies and programs regarding research, innovation,and the commercialization of new technologies.