Innovation Policy and the Economy, 2011

Volume 12

Edited by Josh Lerner and Scott Stern

Innovation Policy and the Economy, 2011

Edited by Josh Lerner and Scott Stern

176 pages | 6 x 9 | © 2012
Paper $25.00 ISBN: 9780226473406 Published May 2012
Cloth $75.00 ISBN: 9780226473390 Published May 2012

Innovation Policy and the Economy provides a forum for research on the interactions among public policy, the innovation process, and the economy. The distinguished contributors look at policies that affect the ability of an economy to achieve scientific and technological progress or that shape the impact of science and technology on economic growth. Issues covered in Volume 12 are an exploration of recent events in the U.S. economy and their implications for innovation and growth; a consideration of the role of non-compete agreements in shaping labor market dynamics, the propensity for entrepreneurship, and regional migration; and an empirical analysis of the issues of rapid advance and increased centrality of digital networks and platforms as well as the increasing attention on the role of individual privacy.


Josh Lerner, Scott Stern

1. Is Financial Innovation Good For The Economy?
Simon Johnson, James Kwak

2. Job Creation and Firm Dynamics in the United States
John Haltiwanger

3. Non-compete Agreements: Barriers to Entry…and Exit?
Matt Marx, Lee Fleming

4. Privacy and Innovation 
Avi Goldfarb, Catherine Tucker

5. Music Piracy and Its Effects on Demand, Supply, and Welfare
Joel Waldfogel

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