Abstract
The state of knowledge regarding technological change has generally been shaped by the nature of the data which were available to scholars for analysis. Such data have always been incomplete and, at best, represented only a proxy measure reflecting some aspect of the process of technological change. Simon Kuznets observed in 1962 that the greatest obstacle to understanding the economic role of technological change was a clear inability of scholars to measure it. More recently, Cohen and Levin (1989) warned:
A fundamental problem in the study of innovation and technical change in industry is the absence of satisfactory measures of new knowledge and its contribution to technological progress. There exists no measure of innovation that permits readily interpretable cross-industry comparisons. Moreover, the value of an innovation is difficult to assess, particularly when the innovation is embodied in consumer products.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Acs, Zoltan J. and David B. Audretsch (1987) ‘Innovation, Market Structure and Firm Size’, Review of Economics and Statistics, 69(4) (November), pp.567–75.
Acs, Zoltan J. and David B. Audretsch (1988a)’Innovation in Large and Small Firms: An Empirical Analysis’, American Economic Review78(4), pp.678–90.
Acs, Zoltan J. and David B. Audretsch (1988b) ‘R&D and Small Firms’, Testimony before the Subcommittee on Monopolies and Commercial Law, Committee on the Judiciary, US House of Representatives (24 February).
Acs, Zoltan J. and David B. Audretsch (1989) ‘Patents as a Measure of Innovative Activity’, Kyklos, 42, pp. 171–80.
Acs, Zoltan J. and David B. Audretsch (1991) ‘R&D, Firm Size and Innovative Activity’, in Zoltan J. Acs and David B. Audretsch (eds) Innovation and Technological Change: An International Comparison ( Ann Arbor: University of Michigan Press ), pp. 39–59.
Acs, Zoltan J. and David B. Audretsch (1990) Innovation and Small Firms (Cambridge, Mass: MIT Press).
Acs, Zoltan J., David B. Audretsch and Maryann P. Feldman (1992) ‘Real Effects of Academic Research: Comment’, American Economic Review, 82(1) (March), 363–7.
Acs, Zoltan J., David B. Audretsch, and Maryann P. Feldman (1993) ‘R&D Spillovers and Recipient Firm Size’, Review of Economics and Statistics, forthcoming.
Audretsch, David B. and Zoltan J. Acs (1991) ‘Innovation and Size at the Firm Level’, Southern Economic Journal, 57(3) (January), pp.739–44.
Baldwin, William L. and John T. Scott (1987) Market Structure and Technological Change ( London and New York: Harwood Academic Publishers).
Chakrabarti, Alok K. and Michael R. Halperin, (1990) ‘Technical Performance and Firm Size: Analysis of Patents and Publications of U.S. Firms’, Small Business Economics, 2 (3), pp. 183–90.
Cohen, Wesley M. and Richard C. Levin (1989) ‘Empirical Studies of Innovation and Market Structure’, in Richard Schmalensee and Robert Willig (eds), Handbook of Industrial Organization, vol. II ( Amsterdam: North-Holland ), pp. 1059–1107.
Cohen, Wesley M. and Steven Klepper (1991) ‘Firm Size versus Diversity in the Achievement of Technological Advance’, Zoltan J. Acs and David B. Audretsch (eds), Innovation and Technological Change: An International Comparison ( Ann Arbor: University of Michigan Press ), pp. 183–203.
Cohen, Wesley M. and Steven Klepper (1992) ‘The Tradeoff between Firm Size and Diversity in the Pursuit of Technological Progress’, Small Business Economics, 4(1) (March), pp.1–14.
Edwards, Keith L. and Theodore J. Gordon (1984) Characterization of Innovations Introduced on the U.S. Market in 1982The Futures Group, prepared for the US Small Business Administration under Contract No. SBA-6050-OA-82 (March).
Fisher, Franklin M. and Peter Temin (1973) ‘Returns to Scale in Research and Development: What Does the Schumpeterian Hypothesis Imply?’ Journal of Political Economy81 (January/February), pp.56–70.
Galbraith, John K. (1956) American Capitalism: The Concept of Coutervailing Power, rev. edn ( Boston, Mass.: Houghton Mifflin).
Gellman Research Associates (1976) Indicators of International Trends in Technological Innovationprepared for the National Science Foundation (April).
Gellman Research Associates (1982) The Relationship between Industrial Concentration, Firm Size, and Technological Innovationprepared for the Office of Advocacy, US Small Business Administration, Award no. SBA2633-OA-79.
Grabowski, Henry G. (1968) ‘The Determinants of Industrial Research and Development: A Study of the Chemical, Drug and Petroleum Industries’, Journal of Political Economy, 76 (4), pp. 292–306.
Greif, Siegfried (1989) ‘Zur Erfassung von Forschungs- und Entwicklungstätigkeit durch Patente’, Naturwissensschaften, 76 (4), pp. 156–9.
Greif, Siegfried and Georg Potkowik (1990) Patente und Wirtschaftszweige: Zusammenführung der Internationalen Patentklassifikation und der Systematik der Wirtschaftszweige ( Cologne: Carl Heymanns Verlag).
Grilliches, Zvi (1979) ‘Issues in Assessing the Contribution of R&D to Productivity Growth’, Bell Journal of Economics, 10 (Spring), pp. 92–116.
Grilliches, Zvi (1990) ‘Patent Statistics as Economic Indicators: A Survey’, Journal of Economic Literature, 28(4) (December), pp.1661–707.
Hall, Bronwyn H., Zvi Griliches and Jerry A. Hausman (1986), ‘Patents and R&D: Is There a Lag?’, International Economic Review, 27 (June), pp. 265–302.
Jaffe, Adam B. (1986) ‘Technological Opportunity and Spillovers of R&D: Evidence from Firms’ Patents, Profits and Market Value’, American Economic Review, 76(5) (December), 984–1001.
Jaffe, Adam, (1989) ‘Real Effects of Academic Research’, American Economic Review, 79(5) (December), 957–70.
Kleinknecht, Alfred (1987) ‘Measuring R&D in Small Firms: How Much Are We Missing?’, Journal of Industrial Economics36(2) (December), pp.253–6.
Kleinknecht, Alfred (1989) ‘Firm Size and Innovation: Observations in Dutch Manufacturing Industry’, Small Business Economics, 1(1), pp.215–22.
Kleinknecht, Alfred (1991) ‘Firm Size and Innovation: Reply to Scheirer’ Small Business Economics, 3(2), pp.157–8.
Kleinknecht, Alfred and Bart Verspagen (1989), ‘R&D and Market Structure: The Impact of Measurement and Aggregation Problems’, Small Business Economics, 1 (4), pp. 297–302.
Kleinknecht, Alfred, Tom P. Poot and Jeroen O.N. Reijnen (1991) ‘Formal and Informal R&D and Firm Size: Survey Results from the Netherlands’, in Zoltan J. Acs and David B. Audretsch (eds), Innovation and Technological Change: An International Comparison(Ann Arbor: University of Michigan Press), pp.84–108.
Kohn, Meier and John T. Scott (1982) ‘Scale Economies in Research and Development: The Schumpeterian Hypothesis’, Journal of Industrial Economics, 30 (March), pp. 239–49.
Link, Albert N. and Barry Bozeman (1991) ‘Innovative Behaviour in Small-sized Firms’, Small Business Economics, 3(3), pp. 179–84.
Link, Albert N. and John Rees (1990) ‘Firm Size, University Based Research, and the Returns to R&D’, Small Business Economics, 2(1), pp. 25–32.
Mansfield, Edwin (1968) Industrial Research and Technological Change ( New York: W. W. Norton for the Cowles Foundation for Research Economics, at Yale University ), pp. 83–108.
Mansfield, Edwin (1984) ‘Comment on Using Linked Patent and R&D Data to Measure Interindustry Technology Flows’, in Z. Griliches (ed.), R&D Patents, and Productivity ( Chicago: University of Chicago Press ), pp. 462–4.
Mueller, Dennis C. (1967) ‘The Firm Decision Process: An Econometric Investigation’, Journal of Political Economy, 81 (1), pp. 57–87.
National Science Board (1975) Science Indicators, 1974 ( Washington, DC: Goverment Printing Office.
National Science Foundation (1986) National Patterns of Science and Technology Resources 1986 (Washington, DC: Government Printing Office).
Pakes, Ariel and Zvi Griliches (1980) ‘Patents and R&D at the Firm Level: A First Report’, Economics Letters5, pp.377–81.
Pakes, Ariel and Zvi Griliches (1984) ‘Patents and R&D at the Firm Level: A First Look’, in Z. Griliches (ed.), R&D, Patents, and Productivity ( Chicago: University of Chicago, pp. 55–72.
Santarelli, E. and A. Sterlachinni (1990) ‘Innovation, Formal vs. Informal R&D, and Firm Size: Some Evidence from Italian Manufacturing Firms’, Small Business Economics, 2 (2), pp. 223–8.
Scheirer, Willaim K. (1989) ‘SBA Innovation Data Base: A Comment’, Small Business Economics, 1(3), p. 231.
Scheirer, William (1991) ‘Firm Size and Innovation: A Comment’, Small Business Economics, 3(2), June, pp.155–6.
Scherer, F. M. (1965) ‘Size of Firm, Oligopoly and Research: A Comment’ Canadian Journal of Economics and Political Science31 (May), pp.256–66.
Scherer, F. M. (1977) The Economic Effects of Compulsory Patent Licensing (New York: New York University Graduate School of Business).
Scherer, F. M. (1983) ‘The Propensity to Patent’, International Journal of Industrial Organization1 (March), pp.107–28.
Scherer, F. M. (1991) ‘Changing Perspectives on the Firm Size Problem’, in: Zoltan J. Acs and David B. Audretsch (eds), Innovation and Technological Change: An International Comparison ( Ann Arbor: University of Michigan Press), pp. 24–38.
Schumpeter, Joseph A. (1950) Capitalism, Socialism and Democracy, 3rd edn, ( New York: Harper & Row).
Schwalbach, Joachim and Klaus F. Zimmerman (1991) ‘A Poisson Model of Patenting and Firm Structure in Germany’, in Zoltan J. Acs and David B. Audretsch (eds), Innovation and Technological Change: An International Comparison(Ann Arbor: University of Michigan Press), pp.109–20.
Shepherd, William G. (1979) The Economics of Industrial Organization (Englewood Cliffs, New Jersey: Prentice Hall).
Soete, Luc L. G. (1979) ‘Firm Size and Inventive Activity: The Evidence Reconsidered’, European Economic Review, 12, pp. 319–40.
Editor information
Editors and Affiliations
Copyright information
© 1993 Alfred Kleinknecht and Donald Bain
About this chapter
Cite this chapter
Acs, Z.J., Audretsch, D.B. (1993). Analysing Innovation Output Indicators: The US Experience. In: Kleinknecht, A., Bain, D. (eds) New Concepts in Innovation Output Measurement. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-22892-8_2
Download citation
DOI: https://doi.org/10.1007/978-1-349-22892-8_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-22894-2
Online ISBN: 978-1-349-22892-8
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)