Innovation and Knowledge Creation in an Open Economy

Reviews / Votes

'This splendid empirical study of industrial innovation turns away from great isolated discoveries to the continuing process by which firms organise activities for innovations large and small. Innovation emerges as a rational process, pursued by each firm in light of its size, information sources, and resources for protecting and exploiting its discoveries. Bringing into the home market an innovation established abroad differs only in scope from devising a worldwide first.' Richard Caves, Harvard University 'The strength of the book is undoubtedly the depth and richness of the survey. The authors asked the right questions and their analysis is comprehensive. I have not seen a better survey of this subject undertaken anywhere else in the world.' Mark Dodgson, Australian National University 'I found the book extremely well written and interesting, with valuable new empirical material and a consistently high standard of analysis. It will be a very useful and noteworthy contribution to the relevant literature. The analysis of Canada as a highly developed but small and MNC-dominated economy is particularly interesting to me as a development economist.' Sanjaya Lall, University of Oxford '... a specific and very thorough as well as comprehensive analysis of the innovation process in Canadian manufacturing. ... The study is of vital importance for those who do empirical studies in this field in order to compare the methodological approaches and results. In addition, the study can also lead to inspirations for new theories in innovation economics, since the results presented in the book urgently show that some theories have to be reassessed or even modified.' Economic Systems Research