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The Economics of Persistent Innovation: An Evolutionary View

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  • © 2006

Overview

Editors:
  1. William R. Latham

    1. University of Delaware, USA

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  2. Christian Bas

    1. Institut des Sciences de l’Homme, USA

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  • Defines persistence as shown in the innovative behavior of some firms
  • Thoroughly analyzes the significance of persistence in innovative behavior in business
  • The topic is analyzed in several ways, including a Markovian model of innovation
  • Understanding this phenomenon may lead to significant changes in public policy regarding the development and support of innovation

Part of the book series: Economics of Science, Technology and Innovation (ESTI, volume 31)

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Table of contents (8 chapters)

  1. Front Matter

    Pages i-xxv
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  2. Persistence in Innovation: Definitions and Current Development of the Field

    • Christian Le Bas, William Latham
    Pages 1-18

  3. Determinants of Persistence in Innovation: A Study of French Patenting

    • Alexandre Cabagnols, Claudine Gay, Christian Le Bas
    Pages 19-39

  4. Factors of Entry and Persistence In Innovation: A Competence Based Approach

    • Alexandre Cabagnols
    Pages 41-99

  5. Characteristics of Persistent Inventors as Revealed in Patent Data

    • William Latham, Christian Le Bas, Karim Touach
    Pages 101-118

  6. Comparing Innovative Persistence Across Countries: A Cox-Model of Patenting in the UK and France

    • Alexandre Cabagnols
    Pages 119-165

  7. Persistent Adoption of Time-Saving Process Innovations

    • Nilotpal Das, James G. Mulligan
    Pages 167-207

  8. Towards an Evolutionary Theory of Persistence in Innovation

    • Christian Le Bas, William Latham
    Pages 209-231

  9. Principal Findings, Policy Implications and Research Agenda

    • Christian Le Bas, William Latham
    Pages 233-243

  10. Back Matter

    Pages 245-250
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Keywords

About this book

William Latham Christian Le Bas Persistence of firm innovative behavior became an important topic in applied industrial organization with the publication of the seminal empirical work of P. Geroski and his colleagues (1997). Evidence that firms innovate persistently has led previous studies to focus on the determinants of innovation persistence and on its heterogeneity across industries, technologies and countries. The aims of this book are: (1) to illumine the scale and scope of the phenomenon of persistence in innovation, and (2) to account for the principal factors that explain why some firms innovates persistently and others do not. Because this book deals intensively and extensively with the subject of firm innovation persistence, which is not, as yet, a well-known term, we need to provide a nontrivial definition of it that encompasses the full range topics we want to address and aids our understanding of how they are related to each other. We begin with a careful identification of "innovation. " Our first definition is drawn from K. Pavitt (2003), "innovation processes involve the exploration and exploitation of opportunities for a new or improved product, process or service, based either on an advance in technical practice or a change in market demand, or a combination of the two. " While this definition is clear, and conforms well to both our empirical and theoretical perspectives, some elaboration may help to clarify the concept.

Editors and Affiliations

  • University of Delaware, USA

    William R. Latham

  • Institut des Sciences de l’Homme, USA

    Christian Bas

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