Innovation, Technology and the Economy brings together the seminal articles and papers of Edwin Mansfield who during the past forty years has pioneered research in the economics of technical change, a field of enormous importance for analysts and decision makers. This collection presents an unusually full and detailed quantitative analysis based largely on data collected from firms and other economics units.

These attractive volumes, which include some of the most frequently cited studies in the field, are concerned with the process of industrial innovation, the nature, composition and effects of industrial research and development, the relationships between technical change, economic growth and inflation, the diffusion of innovations, international technology transfer, public policy toward civilian technology, and intellectual property protection. These topics are central to many current debates among both economic theorists and policymakers.