The new understanding of the characteristics of knowledge indivisibility and knowledge appropriability makes it possible to appreciate the key role pecuniary externalities play both in the generation and in the exploitation of technological knowledge. Pecuniary externalities affect access to...

1. Yet another measure of ignorance / Albert N. Link -- 2. Innovation and creativity : a slogan, nothing but a slogan / Benoit Godin -- 3. From knowledge to innovation : the role of knowledge spillover entrepreneurship / David B. Audretsch, Erik E. Lehmann, and Joshua Hinger -- 4. Innovation...

"A landmark reference work in the field, this Elgar Encyclopedia presents over 60 entries from scholars that have shaped the economics of innovation as a distinct and specialised field of investigation. Comprehensive and accessible, it further elaborates the relationship between the economics of...

This Element combines the advances of the economics of knowledge and innovation implementing the Schumpeterian notion of creative response to understand the determinants and the effects of the rate and direction of technological and organisational change and its variance across time and space,...