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book: The Rate and Direction of Inventive Activity
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The Rate and Direction of Inventive Activity

Economic and Social Factors
  • With contributions by:
  • Preface by:
Language: English
Published/Copyright: 2015

About this book

The papers here range from description and analysis of how our political economy allocates its inventive effort, to studies of the decision making process in specific industrial laboratories.

Originally published in 1962.

The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Topics

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    Frontmatter

    i
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    Contents

    ix
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    Introduction

    1
    Richard R. Nelson
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  • Part 1. Problems of definition and measurement
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    Inventive Activity : Problems of Definition and Measurement

    19
    Simon Kuznets
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    Some Difficulties in Measuring Inventive Activity

    53
    Barkev S. Sanders
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  • Part II. Theory and Macro-quantitative analysis
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    The Economics of Research and Development

    93
    Jora R. Minasian
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    The Supply of Inventors and Inventions

    143
    Fritz Machlup
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    Does the Market Direct the Relative Factor-Saving Effects of Technological Progress?

    171
    William Fellner
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    Changes in Industry and in the State of Knowledge as Determinants of Industrial Invention

    195
    Jacob Schmookler
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    The Changing Direction of Research and Development Employment Among Firms

    233
    James S. Worley
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    Locational Differences in Inventive Effort and Their Determinants

    253
    Wilbur R. Thompson
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    The Future of Industrial Research and Development

    273
    Yale Brozen
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  • Part III. Case studies
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    Inventions in the Postwar American Aluminum Industry

    279
    Merton J. Peck
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    Invention and Innovation in the Petroleum Refining Industry

    299
    John L. Enos
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    The Origins of the Basic Inventions Underlying Du Pont’s Major Product and Process Innovations, 1920 to 1950

    323
    Willard F. Mueller
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  • Part IV. Nonmarket factors
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    Intellect and Motive in Scientific Inventors: Implications for Supply

    361
    Donald W. MacKinnon
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    Organization and Research and Development Decision Making Within the Decentralized Firm

    385
    Albert H. Rubenstein
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    Organization and Research and Development Decision Making Within a Government Department

    395
    Paul W. Cherington, Merton J. Peck and Frederic M. Scherer
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    Some Society-Wide Research and Development Institutions

    409
    Robert S. Merrill
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    Scientific Discovery and the Rate of Invention

    441
    Irving H. Siegel
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  • Part V. Efficiency in research and development
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    Predictability of the Costs, Time, and Success of Development

    461
    A. W. Marshall and W. H. Meckling
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    The Decision Making Problem in Development

    477
    Burton H. Klein
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    Strategy and Organization in a System Development Project

    509
    Thomas A. Marschak
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    The Link Between Science and Invention: The Case of the Transistor

    549
    Richard R. Nelson
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  • Part VI. Welfare economics and Inventive activity
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    Inventive Activity: Government Controls and the Legal Environment

    587
    Jesse W. Markham
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    Economic Welfare and the Allocation of Resources for Invention

    609
    Kenneth J. Arrow
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    Subject index

    627
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    Author index

    632
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Publishing information
Pages and Images/Illustrations in book
eBook published on:
April 11, 2016
eBook ISBN:
9781400879762
Pages and Images/Illustrations in book
View content
https://doi.org/10.1515/9781400879762
eBook ISBN: 9781400879762
Keywords for this book
Research and development; Result; DuPont; Production function; Technology; Invention; Requirement; Estimation; Supply (economics); Transistor; Productivity; Decision-making; Measurement; Utilization; Uncertainty; Engineering; Factors of production; Potential output; Prediction; Calculation; Creative work; Incentive; Patent; Market power; Consideration; Gimmick; Idealization; Demand For Labor; Mass production; Use value; Industry Group; Value added; Supply and demand; Emerging technologies; Factor price; Diversification (marketing strategy); Countervailing power; Opportunity cost; Gross output; Instrumental variable; Catalysis; Technological change; Economics; Cost curve; Factor cost; Quantity adjustment; Specific performance; Purchasing power; Semiconductor; Patent pool; Assumption of risk; Mechanization; Manufacturing; Total cost; Utility; Analysis Group; Countermeasure; Causality; Comparative advantage; Pareto efficiency; Employment; Effective competition; Cost estimate; Isoquant; Project; Quality control; Industry classification; Economic potential; Theoretical Value; Product innovation
Audience(s) for this book
For an expert adult audience, including professional development and academic research
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