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The Free-Market Innovation Machine
monograph
Author(s):
William J. Baumol
Publication date:
December 31 2002
Publisher:
Princeton University Press
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Annual Reviews AI, Machine Learning, and Society
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Book
ISBN (Electronic):
9781400851638
Publication date:
December 31 2002
DOI:
10.1515/9781400851638
SO-VID:
4bd21be8-006c-4c32-9762-898395728d10
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Book chapters
pp. i
Frontmatter
pp. v
CONTENTS
pp. vii
PREFACE
pp. 1
CHAPTER 1. Introduction: The Engine of Free-Market Growth
pp. 19
CHAPTER 2. The “Somewhat Optimal” Attributes of Capitalist Growth: Oligopolistic Competition and Routinization of Innovation
pp. 30
CHAPTER 3. Oligopolistic Rivalry and Routinization to Reduce Uncertainty
pp. 43
CHAPTER 4. Oligopolistic Rivalry and Routine Innovation Spending: Theory of the Engine of Unprecedented Capitalist Growth
pp. 55
CHAPTER 5. Independent Innovation in History: Productive Entrepreneurship and the Rule of Law
pp. 73
CHAPTER 6. Voluntary Dissemination of Proprietary Technology: Private Profit, Social Gain
pp. 93
CHAPTER 7. Oligopolistic Rivalry and Markets for Technology Trading
pp. 120
CHAPTER 8 Tradeoff: Innovation Incentives versus Benefits to Others (Distributive Externalities)
pp. 151
CHAPTER 9. Oligopolistic Competition, Pricing, and Recoupment of Innovation Outlays
pp. 161
CHAPTER 10. Microeconomic Theory of Industrial Organization in the “Innovation-Machine” Economy
pp. 183
CHAPTER 11. Recouping Innovation Outlays and Pricing Its Products: Continued
pp. 199
CHAPTER 12. Models of Optimal Timing of Innovation
pp. 215
CHAPTER 13. Licensing for Profit: Efficiency Implications
pp. 245
CHAPTER 14. Capitalism’s Unique Innovation Machine: Historical Evidence
pp. 262
CHAPTER 15. Macroeconomic Models and Relationships That May Limit Growth
pp. 299
BIBLIOGRAPHY
pp. 307
INDEX
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