The Resource The free-market innovation machine : analyzing the growth miracle of capitalism, William J. Baumol
The free-market innovation machine : analyzing the growth miracle of capitalism, William J. Baumol
Resource Information
The item The free-market innovation machine : analyzing the growth miracle of capitalism, William J. Baumol represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of San Diego Libraries.This item is available to borrow from 1 library branch.
Resource Information
The item The free-market innovation machine : analyzing the growth miracle of capitalism, William J. Baumol represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of San Diego Libraries.
This item is available to borrow from 1 library branch.
- Summary
- Why has capitalism produced economic growth that so vastly dwarfs the growth record of other economic systems, past and present? Why have living standards in countries from America to Germany to Japan risen exponentially over the past century? William Baumol rejects the conventional view that capitalism benefits society through price competition--that is, products and services become less costly as firms vie for consumers. Where most others have seen this as the driving force behind growth, he sees something different--a compound of systematic innovation activity within the firm, an arms race in which no firm in an innovating industry dares to fall behind the others in new products and processes, and inter-firm collaboration in the creation and use of innovations
- Language
- eng
- Edition
- First pbk. edition
- Extent
- 1 online resource (xii, 318 pages)
- Contents
-
- Introduction : the engine of free-market growth
- The "somewhat optimal" attributes of capitalist growth : oligopolistic competition and routinization of innovation
- Oligopolistic rivalry and routinization to reduce uncertainty
- Oligopolistic rivalry and routine innovation spending : theory of the engine of unprecedented capitalist growth
- Independent innovation in history : productive entrepreneurship and the rule of law
- Voluntary dissemination of proprietary technology : private profit, social gain
- Oligopolistic rivalry and markets for technology trading
- Tradeoff : innovation incentives versus benefits to others (distributive externalities)
- Oligopolistic competition, pricing, and recoupment of innovation outlays
- Microeconomic theory of industrial organization in the "innovation-machine" economy
- Recouping innovation outlays and pricing its products : continued
- Models of optimal timing of innovation
- Licensing for profit : efficiency implications
- Capitalism's unique innovation machine : historical evidence
- Macroeconomic models and relationships that may limit growth
- Feedback : innovation as a self-nourishing process
- Isbn
- 9780691116303
- Label
- The free-market innovation machine : analyzing the growth miracle of capitalism
- Title
- The free-market innovation machine
- Title remainder
- analyzing the growth miracle of capitalism
- Statement of responsibility
- William J. Baumol
- Subject
-
- BUSINESS & ECONOMICS / Economics / Theory
- BUSINESS & ECONOMICS / Reference
- Capitalism
- Capitalism
- Capitalisme
- Développement économique
- Economic development
- Economic development
- Economische ontwikkeling
- Electronic book
- Electronic books
- BUSINESS & ECONOMICS / Economics / General
- Kapitalisme
- Kapitalismus
- Marktwirtschaft
- Technische Innovation
- Technische vernieuwing
- Technological innovations -- Economic aspects
- Technological innovations -- Economic aspects
- Wirtschaftswachstum
- Innovations -- Aspect économique
- Language
- eng
- Summary
- Why has capitalism produced economic growth that so vastly dwarfs the growth record of other economic systems, past and present? Why have living standards in countries from America to Germany to Japan risen exponentially over the past century? William Baumol rejects the conventional view that capitalism benefits society through price competition--that is, products and services become less costly as firms vie for consumers. Where most others have seen this as the driving force behind growth, he sees something different--a compound of systematic innovation activity within the firm, an arms race in which no firm in an innovating industry dares to fall behind the others in new products and processes, and inter-firm collaboration in the creation and use of innovations
- Cataloging source
- N$T
- http://library.link/vocab/creatorName
- Baumol, William J
- Illustrations
- illustrations
- Index
- index present
- Literary form
- non fiction
- Nature of contents
-
- dictionaries
- bibliography
- http://library.link/vocab/subjectName
-
- Capitalism
- Economic development
- Technological innovations
- Kapitalismus
- Marktwirtschaft
- Technische Innovation
- Wirtschaftswachstum
- Capitalism
- Economic development
- Technological innovations
- BUSINESS & ECONOMICS / Economics / General
- BUSINESS & ECONOMICS / Reference
- BUSINESS & ECONOMICS / Economics / Theory
- Capitalisme
- Développement économique
- Innovations
- Technische vernieuwing
- Economische ontwikkeling
- Kapitalisme
- Label
- The free-market innovation machine : analyzing the growth miracle of capitalism, William J. Baumol
- Antecedent source
- unknown
- Bibliography note
- Includes bibliographical references (pages 299-306) and index
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Color
- multicolored
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Contents
- Introduction : the engine of free-market growth -- The "somewhat optimal" attributes of capitalist growth : oligopolistic competition and routinization of innovation -- Oligopolistic rivalry and routinization to reduce uncertainty -- Oligopolistic rivalry and routine innovation spending : theory of the engine of unprecedented capitalist growth -- Independent innovation in history : productive entrepreneurship and the rule of law -- Voluntary dissemination of proprietary technology : private profit, social gain -- Oligopolistic rivalry and markets for technology trading -- Tradeoff : innovation incentives versus benefits to others (distributive externalities) -- Oligopolistic competition, pricing, and recoupment of innovation outlays -- Microeconomic theory of industrial organization in the "innovation-machine" economy -- Recouping innovation outlays and pricing its products : continued -- Models of optimal timing of innovation -- Licensing for profit : efficiency implications -- Capitalism's unique innovation machine : historical evidence -- Macroeconomic models and relationships that may limit growth -- Feedback : innovation as a self-nourishing process
- Control code
- ocn876592076
- Dimensions
- unknown
- Edition
- First pbk. edition
- Extent
- 1 online resource (xii, 318 pages)
- File format
- unknown
- Form of item
- online
- Isbn
- 9780691116303
- Level of compression
- unknown
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Note
- JSTOR
- Other control number
- 9780691116303
- Other physical details
- illustrations
- http://library.link/vocab/ext/overdrive/overdriveId
- 22573/ctt5xxbxk
- Quality assurance targets
- not applicable
- Reformatting quality
- unknown
- Sound
- unknown sound
- Specific material designation
- remote
- System control number
- (OCoLC)876592076
- Label
- The free-market innovation machine : analyzing the growth miracle of capitalism, William J. Baumol
- Antecedent source
- unknown
- Bibliography note
- Includes bibliographical references (pages 299-306) and index
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Color
- multicolored
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Contents
- Introduction : the engine of free-market growth -- The "somewhat optimal" attributes of capitalist growth : oligopolistic competition and routinization of innovation -- Oligopolistic rivalry and routinization to reduce uncertainty -- Oligopolistic rivalry and routine innovation spending : theory of the engine of unprecedented capitalist growth -- Independent innovation in history : productive entrepreneurship and the rule of law -- Voluntary dissemination of proprietary technology : private profit, social gain -- Oligopolistic rivalry and markets for technology trading -- Tradeoff : innovation incentives versus benefits to others (distributive externalities) -- Oligopolistic competition, pricing, and recoupment of innovation outlays -- Microeconomic theory of industrial organization in the "innovation-machine" economy -- Recouping innovation outlays and pricing its products : continued -- Models of optimal timing of innovation -- Licensing for profit : efficiency implications -- Capitalism's unique innovation machine : historical evidence -- Macroeconomic models and relationships that may limit growth -- Feedback : innovation as a self-nourishing process
- Control code
- ocn876592076
- Dimensions
- unknown
- Edition
- First pbk. edition
- Extent
- 1 online resource (xii, 318 pages)
- File format
- unknown
- Form of item
- online
- Isbn
- 9780691116303
- Level of compression
- unknown
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Note
- JSTOR
- Other control number
- 9780691116303
- Other physical details
- illustrations
- http://library.link/vocab/ext/overdrive/overdriveId
- 22573/ctt5xxbxk
- Quality assurance targets
- not applicable
- Reformatting quality
- unknown
- Sound
- unknown sound
- Specific material designation
- remote
- System control number
- (OCoLC)876592076
Subject
- BUSINESS & ECONOMICS / Economics / Theory
- BUSINESS & ECONOMICS / Reference
- Capitalism
- Capitalism
- Capitalisme
- Développement économique
- Economic development
- Economic development
- Economische ontwikkeling
- Electronic book
- Electronic books
- BUSINESS & ECONOMICS / Economics / General
- Kapitalisme
- Kapitalismus
- Marktwirtschaft
- Technische Innovation
- Technische vernieuwing
- Technological innovations -- Economic aspects
- Technological innovations -- Economic aspects
- Wirtschaftswachstum
- Innovations -- Aspect économique
Genre
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.sandiego.edu/portal/The-free-market-innovation-machine--analyzing/5HOor9FSnTc/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.sandiego.edu/portal/The-free-market-innovation-machine--analyzing/5HOor9FSnTc/">The free-market innovation machine : analyzing the growth miracle of capitalism, William J. Baumol</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.sandiego.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.sandiego.edu/">University of San Diego Libraries</a></span></span></span></span></div>
