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Measuring And Accounting For Innovation In The Twenty First Century


Measuring And Accounting For Innovation In The Twenty First Century
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Measuring And Accounting For Innovation In The Twenty First Century


Measuring And Accounting For Innovation In The Twenty First Century
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Author : Carol Corrado
language : en
Publisher: University of Chicago Press
Release Date : 2021-05-18

Measuring And Accounting For Innovation In The Twenty First Century written by Carol Corrado and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-18 with Business & Economics categories.


Measuring innovation is a challenging task, both for researchers and for national statisticians, and it is increasingly important in light of the ongoing digital revolution. National accounts and many other economic statistics were designed before the emergence of the digital economy and the growth in importance of intangible capital. They do not yet fully capture the wide range of innovative activity that is observed in modern economies. This volume examines how to measure innovation, track its effects on economic activity and on prices, and understand how it has changed the structure of production processes, labor markets, and organizational form and operation in business. The contributors explore new approaches to and data sources for measurement, such as collecting data for a particular innovation as opposed to a firm and using trademarks for tracking innovation. They also consider the connections between university-based R&D and business start-ups and the potential impacts of innovation on income distribution. The research suggests strategies for expanding current measurement frameworks to better capture innovative activity, including developing more detailed tracking of global value chains to identify innovation across time and space and expanding the measurement of innovation’s impacts on GDP in fields such as consumer content delivery and cloud computing.



Measuring And Accounting For Innovation In The Twenty First Century


Measuring And Accounting For Innovation In The Twenty First Century
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Author : Carol Corrado
language : en
Publisher: University of Chicago Press
Release Date : 2021-05-12

Measuring And Accounting For Innovation In The Twenty First Century written by Carol Corrado and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-12 with Business & Economics categories.


"Measuring innovation is a challenging task, both for researchers and for national statisticians. This task is timely and valuable given that policy and public interest in innovation has become increasingly intense in this era of digital revolution, yet National GDP Accounts and other economic statistics do not fully account for the wide range of innovative activity that is plainly evident in everyday experience. Indeed, innovation has in many ways changed the structure of an increasingly digitized marketplace, from cloud computing to the gig economy. The papers collected in this volume, Measuring and Accounting for Innovation in the Twenty-First Century, address many different dimensions of this challenge, ranging from how to best to define GDP to the fundamental question of what is an innovation and how to collect data at the level of an individual innovation. Taken together, the volume provides a comprehensive overview of the cutting-edge of this widely varied but thematically-connected research that draws on multiple methodologies and data. The editors and authors consider how measurement frameworks could be expanded to enhance our understanding of innovative activity; new approaches and evidence that could account for innovation's economic impact; innovation's effect across the economy, from production processes to labor markets and financial activities; and what practical adjustments could be made to current measurements that would better capture innovation. The distinctive stance of this volume makes clear that the challenge of measuring innovation and understanding its implications has become increasingly complex as the economy has evolved. The editors and authors show that the limitations of our existing measurement system significantly hinder researchers, analysts, and policymakers. Better measures of innovative activity are necessary to interpret the consequences of innovation in daily life and to inform policies that best promote the attendant benefits, including distribution of income, trademark protections, and more. Now, in an era of fake news and alternative facts, it is more important than ever to push for accuracy in basic economic facts"--



Measuring Economic Sustainability And Progress


Measuring Economic Sustainability And Progress
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Author : Dale W. Jorgenson
language : en
Publisher: University of Chicago Press
Release Date : 2014-10-17

Measuring Economic Sustainability And Progress written by Dale W. Jorgenson and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-10-17 with Business & Economics categories.


Since the Great Depression, researchers and statisticians have recognized the need for more extensive methods for measuring economic growth and sustainability. The recent recession renewed commitments to closing long-standing gaps in economic measurement, including those related to sustainability and well-being. The latest in the NBER’s influential Studies in Income and Wealth series, which has played a key role in the development of national account statistics in the United States and other nations, this volume explores collaborative solutions between academics, policy researchers, and official statisticians to some of today’s most important economic measurement challenges. Contributors to this volume extend past research on the integration and extension of national accounts to establish an even more comprehensive understanding of the distribution of economic growth and its impact on well-being, including health, human capital, and the environment. The research contributions assess, among other topics, specific conceptual and empirical proposals for extending national accounts.



The Oxford Handbook Of Innovation


The Oxford Handbook Of Innovation
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Author : Jan Fagerberg
language : en
Publisher: Oxford University Press
Release Date : 2006-01-19

The Oxford Handbook Of Innovation written by Jan Fagerberg and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-01-19 with Business & Economics categories.


This handbook provides academics and students with a comprehensive and holistic understanding of the phenomenon of innovation.



Harnessing Public Research For Innovation In The 21st Century


Harnessing Public Research For Innovation In The 21st Century
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Author : Anthony Arundel
language : en
Publisher: Cambridge University Press
Release Date : 2021-03-04

Harnessing Public Research For Innovation In The 21st Century written by Anthony Arundel and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-04 with Business & Economics categories.


A guide to maximizing the impact of work done at public research institutions and universities to boost innovation and growth.



Performance Of Financial Institutions


Performance Of Financial Institutions
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Author : Patrick T. Harker
language : en
Publisher: Cambridge University Press
Release Date : 2000-05-18

Performance Of Financial Institutions written by Patrick T. Harker and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-05-18 with Business & Economics categories.


The efficient operation of financial intermediaries--banks, insurance and pension fund firms, government agencies and so on--is instrumental for the efficient functioning of the financial system and the fueling of the economies of the twenty-first century. But what drives the performance of these institutions in today's global environment? In this volume, world-renowned scholars bring their expertise to bear on the issues. Primary among them are the definition and measurement of efficiency of a financial institution, benchmarks of efficiency, identification of the drivers of performance and measurement of their effects on efficiency, the impact of financial innovation and information technologies on performance, the effects of process design, human resource management policies, as well as others.



Advances In Economic Measurement


Advances In Economic Measurement
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Author : Duangkamon Chotikapanich
language : en
Publisher: Springer Nature
Release Date : 2022-10-03

Advances In Economic Measurement written by Duangkamon Chotikapanich and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-10-03 with Business & Economics categories.


The purpose of this book is to honour D.S. Prasada Rao and his many outstanding contributions to economic measurement, including index number methods for international comparisons of prices, real incomes, output, and productivity; stochastic approaches to index numbers; purchasing power parities for the measurement of regional and global inequality and poverty; and measurement of income and economic insecurity. This book brings together contributions by well-known and influential researchers in the field of economic measurement with special focus on topics in productivity measurement (Part I); income and health inequality, inequality of opportunity, and measurement of insecurity (Part II); index number theory and applications to consumer price index numbers, international comparisons of prices and real expenditures, and housing price index numbers (Part III). The chapters are authored by eminent researchers including Conchita D’Ambrosio, Bert Balk, Erwin Diewert, Robert Hill, Robert Inklaar, Knox Lovell, Robin Sickles, Jacques Silber and Marcel Timmer. The contributed papers offer in-depth reviews of the state of the art in these areas with a focus on the existing methods and applications, making the volume an invaluable source for both experienced researchers and new researchers, including PhD and other postgraduate students.



The Oecd Innovation Strategy Getting A Head Start On Tomorrow


The Oecd Innovation Strategy Getting A Head Start On Tomorrow
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2010-05-28

The Oecd Innovation Strategy Getting A Head Start On Tomorrow written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-05-28 with categories.


This book provides a set of principles for fostering innovation in people (workers and consumers), in firms and in government, taking an in-depth look at the scope of innovation and how it is changing, as well as where and how it is occurring.



System Of Environmental Economic Accounting 2012


System Of Environmental Economic Accounting 2012
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Author :
language : en
Publisher:
Release Date : 2013

System Of Environmental Economic Accounting 2012 written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Biotic communities categories.




Measuring Capital In The New Economy


Measuring Capital In The New Economy
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Author : Carol Corrado
language : en
Publisher: University of Chicago Press
Release Date : 2009-02-15

Measuring Capital In The New Economy written by Carol Corrado and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-02-15 with Business & Economics categories.


As the accelerated technological advances of the past two decades continue to reshape the United States' economy, intangible assets and high-technology investments are taking larger roles. These developments have raised a number of concerns, such as: how do we measure intangible assets? Are we accurately appraising newer, high-technology capital? The answers to these questions have broad implications for the assessment of the economy's growth over the long term, for the pace of technological advancement in the economy, and for estimates of the nation's wealth. In Measuring Capital in the New Economy, Carol Corrado, John Haltiwanger, Daniel Sichel, and a host of distinguished collaborators offer new approaches for measuring capital in an economy that is increasingly dominated by high-technology capital and intangible assets. As the contributors show, high-tech capital and intangible assets affect the economy in ways that are notoriously difficult to appraise. In this detailed and thorough analysis of the problem and its solutions, the contributors study the nature of these relationships and provide guidance as to what factors should be included in calculations of different types of capital for economists, policymakers, and the financial and accounting communities alike.