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Mansfield’s Innovation in the Theory of Innovation

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Essays in Honor of Edwin Mansfield

Abstract

Edwin Mansfield combination of well-founded theoretical formulation about the process of innovation, the systematic testing of broadly accepted views in economics. His pioneering work helped to shape the theory of innovation from a primary focus on industry and firm specific characteristic as well as on the external environment, such as spillovers. The purpose of this paper is to link the seminal contributions of Mansfield. The first focuses on the determinants of firm, the second is concerned with industry context and the third is concerned with university-based knowledge spillovers. The purpose of this paper is to provide a link between these literatures spawned by Mansfield. By linking industry and firm-specific characteristics as well as access to knowledge spillovers from universities, the empirical evidence suggests that knowledge spillovers as well as firm-specific characteristics influence firm growth.

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Audretsch, D.B., Lehmann, E.E. (2005). Mansfield’s Innovation in the Theory of Innovation. In: Link, A.N., Scherer, F.M. (eds) Essays in Honor of Edwin Mansfield. Springer, Boston, MA. https://doi.org/10.1007/0-387-25022-0_23

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