Chapter 18 Socialism, Capitalism, State Capitalism, and Innovation

Gérard Roland

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Chapter 18 Socialism, Capitalism, State Capitalism, and Innovation

Gérard Roland

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This chapter is in the book The Economics of Creative Destruction

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Roland, Gérard. "Chapter 18 Socialism, Capitalism, State Capitalism, and Innovation". The Economics of Creative Destruction: New Research on Themes from Aghion and Howitt, edited by Ufuk Akcigit and John Van Reenen, Cambridge, MA and London, England: Harvard University Press, 2023, pp. 520-532. https://doi.org/10.4159/9780674293052-020

Roland, G. (2023). Chapter 18 Socialism, Capitalism, State Capitalism, and Innovation. In U. Akcigit & J. Van Reenen (Ed.), The Economics of Creative Destruction: New Research on Themes from Aghion and Howitt (pp. 520-532). Cambridge, MA and London, England: Harvard University Press. https://doi.org/10.4159/9780674293052-020

Roland, G. 2023. Chapter 18 Socialism, Capitalism, State Capitalism, and Innovation. In: Akcigit, U. and Van Reenen, J. ed. The Economics of Creative Destruction: New Research on Themes from Aghion and Howitt. Cambridge, MA and London, England: Harvard University Press, pp. 520-532. https://doi.org/10.4159/9780674293052-020

Roland, Gérard. "Chapter 18 Socialism, Capitalism, State Capitalism, and Innovation" In The Economics of Creative Destruction: New Research on Themes from Aghion and Howitt edited by Ufuk Akcigit and John Van Reenen, 520-532. Cambridge, MA and London, England: Harvard University Press, 2023. https://doi.org/10.4159/9780674293052-020

Roland G. Chapter 18 Socialism, Capitalism, State Capitalism, and Innovation. In: Akcigit U, Van Reenen J (ed.) The Economics of Creative Destruction: New Research on Themes from Aghion and Howitt. Cambridge, MA and London, England: Harvard University Press; 2023. p.520-532. https://doi.org/10.4159/9780674293052-020

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Chapters in this book

Frontmatter i
Contents vii
Foreword xi
Introduction 1
Chapter 1 Innovation and Growth Policy 17
Chapter 2 Creative Destruction and Economic Growth 21
Chapter 3 Product Market Competition, Creative Destruction, and Innovation 43
Chapter 4 Innovation, Antitrust Enforcement, and the Inverted-U 77
Chapter 5 Innovation Networks and Business-Stealing 104
Chapter 6 Trade and Innovation 133
Chapter 7 Inequality and Creative Destruction 175
Chapter 8 Labor Market Dynamics When Ideas Are Harder to Find 221
Chapter 9 When Workers’ Skills Become Unbundled: Some Empirical Consequences for Sorting and Wages 253
Chapter 10 Productivity Slowdown: Reducing the Measure of Our Ignorance 283
Chapter 11 Productivity Growth and Real Interest Rates: A Circular Relationship 306
Chapter 12 The Depth and Breadth of the Step-by- Step Innovation Framework 332
Chapter 13 Harnessing Creative Destruction to the Tackling of Climate Change: Purpose, Pace, Policy 365
Chapter 14 Science as Civil Society: Implications for a Green Transition 398
Chapter 15 Climate Policy in Need of Plan B 411
Chapter 16 Directed Technical Change and Environmental Economics 435
Chapter 17 Creative Destruction, Distance to Frontier, and Economic Development 475
Chapter 18 Socialism, Capitalism, State Capitalism, and Innovation 520
Chapter 19 Lobbying behind the Frontier 533
Chapter 20 Barriers to Creative Destruction: Large Firms and Nonproductive Strategies 558
Chapter 21 Finance and Growth: Firm Heterogeneity and Creative Destruction 587
Chapter 22 Creative Destruction, Finance, and Firm Dynamics 611
Chapter 23 Taxation, Innovation, and Economic Growth 641
Chapter 24 The Effects of Taxes on Innovation: Theory and Empirical Evidence 653
Chapter 25 Of Academics and Creative Destruction: Startup advantage in the Process of Innovation 683
Chapter 26 Creative Destruction or Destructive Creation? A Prelude to the Industrial Revolution 714
Conclusion: The Promise of the Creative Destruction Paradigm 736
Index 753

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https://doi.org/10.4159/9780674293052-020

Chapters in this book

Frontmatter i
Contents vii
Foreword xi
Introduction 1
Chapter 1 Innovation and Growth Policy 17
Chapter 2 Creative Destruction and Economic Growth 21
Chapter 3 Product Market Competition, Creative Destruction, and Innovation 43
Chapter 4 Innovation, Antitrust Enforcement, and the Inverted-U 77
Chapter 5 Innovation Networks and Business-Stealing 104
Chapter 6 Trade and Innovation 133
Chapter 7 Inequality and Creative Destruction 175
Chapter 8 Labor Market Dynamics When Ideas Are Harder to Find 221
Chapter 9 When Workers’ Skills Become Unbundled: Some Empirical Consequences for Sorting and Wages 253
Chapter 10 Productivity Slowdown: Reducing the Measure of Our Ignorance 283
Chapter 11 Productivity Growth and Real Interest Rates: A Circular Relationship 306
Chapter 12 The Depth and Breadth of the Step-by- Step Innovation Framework 332
Chapter 13 Harnessing Creative Destruction to the Tackling of Climate Change: Purpose, Pace, Policy 365
Chapter 14 Science as Civil Society: Implications for a Green Transition 398
Chapter 15 Climate Policy in Need of Plan B 411
Chapter 16 Directed Technical Change and Environmental Economics 435
Chapter 17 Creative Destruction, Distance to Frontier, and Economic Development 475
Chapter 18 Socialism, Capitalism, State Capitalism, and Innovation 520
Chapter 19 Lobbying behind the Frontier 533
Chapter 20 Barriers to Creative Destruction: Large Firms and Nonproductive Strategies 558
Chapter 21 Finance and Growth: Firm Heterogeneity and Creative Destruction 587
Chapter 22 Creative Destruction, Finance, and Firm Dynamics 611
Chapter 23 Taxation, Innovation, and Economic Growth 641
Chapter 24 The Effects of Taxes on Innovation: Theory and Empirical Evidence 653
Chapter 25 Of Academics and Creative Destruction: Startup advantage in the Process of Innovation 683
Chapter 26 Creative Destruction or Destructive Creation? A Prelude to the Industrial Revolution 714
Conclusion: The Promise of the Creative Destruction Paradigm 736
Index 753

Chapter 18 Socialism, Capitalism, State Capitalism, and Innovation

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Chapters in this book

Chapters in this book