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来源类型Working Paper
规范类型报告
DOI10.3386/w25893
来源IDWorking Paper 25893
The Changing Structure of American Innovation: Some Cautionary Remarks for Economic Growth
Ashish Arora; Sharon Belenzon; Andrea Patacconi; Jungkyu Suh
发表日期2019-06-03
出版年2019
语种英语
摘要A defiining feature of modern economic growth is the systematic application of science to advance technology. However, despite sustained progress in scientific knowledge, recent productivity growth in the U.S. has been disappointing. We review major changes in the American innovation ecosystem over the past century. The past three decades have been marked by a growing division of labor between universities focusing on research and large corporations focusing on development. Knowledge produced by universities is not often in a form that can be readily digested and turned into new goods and services. Small firms and university technology transfer offices cannot fully substitute for corporate research, which had integrated multiple disciplines at the scale required to solve significant technical problems. Therefore, whereas the division of innovative labor may have raised the volume of science by universities, it has also slowed, at least for a period of time, the transformation of that knowledge into novel products and processes.
主题Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w25893
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/583567
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Ashish Arora,Sharon Belenzon,Andrea Patacconi,et al. The Changing Structure of American Innovation: Some Cautionary Remarks for Economic Growth. 2019.
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