Diamond AM "Edwin Mansfield's contributions to the economics of technology " Research Policy 32(9):1607-1617, October 2003

[Eugene Garfield]

Arthur Diamond : adiamond at mail.unomaha.edu

Title: Edwin Mansfield's contributions to the economics of technology

Author(s): Diamond AM

Source: RESEARCH POLICY 32 (9): 1607-1617 OCT 2003

Document Type: Article    Language: English
Cited References: 55      Times Cited: 0

Abstract:
Edwin Mansfield's contributions to the economics of technology are
summarized from the early 1960s through his death in 1997. Mansfield's
methodology is discussed, as are his contributions on: the diffusion of
technical innovation, the effect of firm size on innovation, the role of
academic and basic research in increasing innovation and productivity,
international technology transfer and the inaccuracy of technological
forecasts. The economics profession's evaluation of the relative importance
of Mansfield's work is presented, using as evidence citation counts of his
works collected from the Social Science Citation Index (SSCI). Identified
as among Mansfield's most important contributions are his work on the
importance of academic research for industrial innovations, his empirical
estimation of the rates of diffusion of different innovations, and his
estimation of the private and social returns from investments in industrial
innovations. Finally, we present Mansfield's advice on the future of the
economics of technology. (C) 2003 Elsevier Science B.V All rights reserved.

Addresses: Diamond AM (reprint author), Univ Nebraska, Dept Econ, Omaha, NE
68182 USA
Univ Nebraska, Dept Econ, Omaha, NE 68182 USA
Publisher: ELSEVIER SCIENCE BV, PO BOX 211, 1000 AE AMSTERDAM, NETHERLANDS
Subject Category: MANAGEMENT; PLANNING AND DEVELOPMENT
IDS Number: 735KC

ISSN: 0048-7333


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