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Timely, compelling, and certain to be controversial-a deeply researched study that reveals how companies and policy makers are hindering innovation-led growth Conventional wisdom holds that Western economies are on the threshold of fast-and-furious technological development. Fredrik Erixon and Bjorn Weigel refute this idea, bringing together a vast array of data and case studies to tell a very different story. With expertise spanning academia and the business world, Erixon and Weigel illustrate how innovation is being hampered by existing government regulations and corporate practices. Capitalism, they argue, has lost its mojo. Assessing the experiences of global companies, including Nokia, Uber, IBM, and Apple, the authors explore three key themes: declining economic dynamism in Western economies; growing corporate reluctance to contest markets and innovate; and excessive regulation limiting the diffusion of innovation. At a time of low growth, high unemployment, and increasing income inequality, innovation-led growth is more necessary than ever. This book unequivocally details the obstacles hindering our future prosperity.

Technological innovations --- Labor. --- Capitalism. --- Market economy --- Economics --- Profit --- Capital --- Labor and laboring classes --- Manpower --- Work --- Working class --- Economic aspects. --- Social aspects. --- Labor --- Capitalism --- Economic aspects --- Social aspects --- E-books --- 338.043 --- Technologische vooruitgang. Automatisering. Computers. Werkgelegenheid en informatica

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Reviews of the literature on historical and theoretical developments of technology and economic growth including productivity measures, technical knowledge, technological spillovers and stock market reactions to technology investment.

Technological innovations --- Industrial productivity. --- Economic aspects. --- AA / International- internationaal --- 338.8 --- 338.023 --- 338.043 --- 338.6 --- Economische groei. --- Arbeidsproductiviteit. --- Technologische vooruitgang. Automatisering. Computers. Werkgelegenheid en informatica. --- Wetenschappelijk onderzoek en ontwikkeling. --- Productivity, Industrial --- TFP (Total factor productivity) --- Total factor productivity --- Industrial productivity --- Industrial efficiency --- Production (Economic theory) --- Economic aspects --- Arbeidsproductiviteit --- Technologische vooruitgang. Automatisering. Computers. Werkgelegenheid en informatica --- Wetenschappelijk onderzoek en ontwikkeling --- Economische groei

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The Economics of Information Technology is a concise and accessible review of some of the important economic factors affecting information technology industries. These industries are characterized by high fixed costs and low marginal costs of production, large switching costs for users, and strong network effects. These factors combine to produce some unique behavior. The book consists of two parts. In the first part, Professor Varian outlines the basic economics of these industries. In the second part, Professors Farrell and Shapiro describe the impact of these factors on competition policy. The clarity of the analysis and exposition makes this an ideal introduction for undergraduate and graduate students in economics, business strategy, law and related areas.

Computer industry --- Information technology --- 338.043 --- AA / International- internationaal --- Electronic industries --- Economic aspects --- Technologische vooruitgang. Automatisering. Computers. Werkgelegenheid en informatica --- Computer industry. --- Economic aspects. --- Technologie de l'information --- Informatique --- Aspect économique --- Industrie --- Business, Economy and Management --- Economics --- Information technology - Economic aspects

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The diffusion of information and communication technologies is rapidly changing the structure of advanced economies, raising new problems of technological unemployment. The view that market forces can easily counterbalance the labour-saving impact of innovation is contrasted in this book with empirical findings on aggregate compensation effects and on the consequences of product, process and organizational innovation in industries and services. After examining several policy aspects, new employment-friendly economic and innovation policies are proposed.

Labour market --- Economic production --- Labor supply --- Effect of technological innovations on --- AA / International- internationaal --- 338.043 --- 332.621.3 --- Technologische vooruitgang. Automatisering. Computers. Werkgelegenheid en informatica. --- Technologische werkloosheid. Werkgelegenheid en informatica. --- Technological innovations. --- Breakthroughs, Technological --- Innovations, Industrial --- Innovations, Technological --- Technical innovations --- Technological breakthroughs --- Technological change --- Creative ability in technology --- Inventions --- Domestication of technology --- Innovation relay centers --- Research, Industrial --- Technology transfer --- Technologische werkloosheid. Werkgelegenheid en informatica --- Technologische vooruitgang. Automatisering. Computers. Werkgelegenheid en informatica

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Consumers constantly confront intellectual property rights (IPRs) every day, from their morning cup of Starbucks coffee to the Intel chip on their computer at work. Intellectual property rights help protect creative inventions in the form of trademarks, copyrights, and patents. Despite legal protection, many goods--including music and video files--are easily copied or shared, which affects industries, innovators, and customers. In his follow-up to one of the most popular PIIE titles of all time, Keith Maskus looks at the expansion of private legal rights into international trade markets, not only for technological items but also for international public goods like vaccines and prescription drugs. Private Rights and Public Problems assesses IPR issues for users, producers, and innovators and the difficulty of establishing an international policy regime that governs IPRs in all markets. Post-industrial countries have preferential terms for licensing and selling products, in part because they develop more global brands and products. Maskus observes that in these countries the primacy of private property raises contentious international debate between innovation owners in rich countries and followers and users in emerging and poor countries. Maskus explores if increased privacy regulations limit innovation and pose artificial and real barriers, such as decreased information accessibility and increased cost. This book addresses a fundamental issue: should basic scientific and technological knowledge be commoditized? In this guide to the current global impact of IPRs, the author analyzes the economic contribution of IPRs underlying features: innovation and access to international technologies.

Intellectual property --- Copyright --- Economic aspects. --- Literary property --- Property, Literary --- Law and legislation --- Intangible property --- Anti-copyright movement --- Authors and publishers --- Book registration, National --- Patent laws and legislation --- Economic aspects --- E-books --- 338.043 --- 347.770 --- 382.0 --- AA / International- internationaal --- 347.77 --- 347.77 Industrieel eigendomsrecht. Commercieel eigendomsrecht. Geestelijk eigendomsrecht --- Industrieel eigendomsrecht. Commercieel eigendomsrecht. Geestelijk eigendomsrecht --- Technologische vooruitgang. Automatisering. Computers. Werkgelegenheid en informatica --- Industriële, commerciële en wetenschappelijke eigendom: algemeenheden --- Algemeenheden. Techniek en praktijk van de internationale handel. Internationale economische betrekkingen