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Chapter 2. Toward Characterization of the Innovation Industry: The David-Goliath Symbiosis
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William J. Baumol
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Kapitel in diesem Buch
- Frontmatter i
- Figures and Tables ix
- Preface xi
- Introduction 1
- Chapter 1. Entrepreneurship in Economic Theory: Reasons for Its Absence and Goals for Its Restoration 9
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Part I. Pricing, Remuneration, and Allocation of the Agents of Innovation
- Chapter 2. Toward Characterization of the Innovation Industry: The David-Goliath Symbiosis 25
- Chapter 3. Entrepreneurship, Invention, and Pricing: Toward Static Microtheory 36
- Chapter 4. Oligopolistic “Red Queen” Innovation Games, Mandatory Price Discrimination, and Markets in Innovation 57
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Part I I . Welfare Theory: Technology Transfer, Imitation, and Creative Destruction
- Chapter 5. Optimal Innovation Spillovers: The Growth-Distribution Trade-off 77
- Chapter 6. Enterprising Technology Dissemination: Toward Optimal Transfer Pricing and the Invaluable Contribution of “Mere Imitation” 101
- Chapter 7. The Entrepreneur and the Beneficial Externalities of Creative Destruction 128
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Part III. Institutions, Payoffs, and the Entrepreneur’s Choice of Activity: Historical Origins
- Chapter 8. Economic Warfare as a “Red Queen” Game: The Emergence of Productive Entrepreneurship 139
- Chapter 9. On the Origins of Widespread Productive Entrepreneurship 152
- Chapter 10. The Allocation of Entrepreneurship Does Matter 165
- Chapter 11. Mega-enterprising Redesign of Governing Institutions: Keystone of Dynamic Microtheory 172
- Chapter 12. Summing Up: Yes, the Theory of Entrepreneurship Is on Its Way 188
- Notes 197
- References 225
- Index 237
Kapitel in diesem Buch
- Frontmatter i
- Figures and Tables ix
- Preface xi
- Introduction 1
- Chapter 1. Entrepreneurship in Economic Theory: Reasons for Its Absence and Goals for Its Restoration 9
-
Part I. Pricing, Remuneration, and Allocation of the Agents of Innovation
- Chapter 2. Toward Characterization of the Innovation Industry: The David-Goliath Symbiosis 25
- Chapter 3. Entrepreneurship, Invention, and Pricing: Toward Static Microtheory 36
- Chapter 4. Oligopolistic “Red Queen” Innovation Games, Mandatory Price Discrimination, and Markets in Innovation 57
-
Part I I . Welfare Theory: Technology Transfer, Imitation, and Creative Destruction
- Chapter 5. Optimal Innovation Spillovers: The Growth-Distribution Trade-off 77
- Chapter 6. Enterprising Technology Dissemination: Toward Optimal Transfer Pricing and the Invaluable Contribution of “Mere Imitation” 101
- Chapter 7. The Entrepreneur and the Beneficial Externalities of Creative Destruction 128
-
Part III. Institutions, Payoffs, and the Entrepreneur’s Choice of Activity: Historical Origins
- Chapter 8. Economic Warfare as a “Red Queen” Game: The Emergence of Productive Entrepreneurship 139
- Chapter 9. On the Origins of Widespread Productive Entrepreneurship 152
- Chapter 10. The Allocation of Entrepreneurship Does Matter 165
- Chapter 11. Mega-enterprising Redesign of Governing Institutions: Keystone of Dynamic Microtheory 172
- Chapter 12. Summing Up: Yes, the Theory of Entrepreneurship Is on Its Way 188
- Notes 197
- References 225
- Index 237