This book explores the macroeconomic significance of the cloud of technological spillovers surrounding advanced industrial production: How do innovations contribute to economic growth? What policies can help maximize the economic potential of innovation?

On the Cloud of Technology that Surrounds Advanced Production: A Summary of Results -- The Art of Defining, Pricing, and Marketing Advanced Multidimensional Products that Spill Technology -- Spillovers and Innovative Technology Supply: A Literature Survey -- Capturing the Direct and the...