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Innovation, Entrepreneurship, and Technological Change$
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Albert N. Link and Donald S. Siegel

Print publication date: 2007

Print ISBN-13: 9780199268825

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780199268825.001.0001

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Fundamental concepts of innovation and technological change

Fundamental concepts of innovation and technological change

Chapter:
(p.27) 3 Fundamental concepts of innovation and technological change
Source:
Innovation, Entrepreneurship, and Technological Change
Author(s):

Albert N. Link

Donald S. Siegel

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199268825.003.0003

This chapter introduces some fundamental concepts on the relationships between innovation, entrepreneurship, and technological change. These relationships are critical for understanding the economic underpinnings of studies about R&D, an input into the innovation process, and firm performance, and about R&D and economic growth. It presents models of technological change that have become the cornerstones of what has become known as the economics of R&D and the fields of innovation and technology policy.

Keywords:   innovation, entrepreneurship, technological change, R&D

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