This volume provides an understanding of firms' R&D and innovation strategies and their economy-wide consequences. It … heterogeneous ways in which firms organize and undertake R&D and innovation activities. It emphasizes innovation strategies of … innovating firms, and reflects that innovation efforts do not represent a uniform type of expenditure. Organized into three parts …

Front cover -- The Economics of Innovation -- Copyright page -- Contents -- List of Contributors -- The Editors … -- Acknowledgements -- Appendix -- References -- Chapter 2. Innovation, Duplication, and the Contract Theory of Patents -- Abstract -- 1 …