Open Library logo
New Feature: You can now embed Open Library books on your website!   Learn More
Last edited by Open Library Bot
December 5, 2010 | History

The decline of the independent inventor 1 edition

The decline of the independent inventor
Naomi R. Lamoreaux

No ebook available.


Buy this book

Add an ISBN in order to
link to booksellers


Links (leaves Open Library)

There's no description for this book yet. Can you add one?
There is only 1 edition record, so we'll show it here...  •  Add edition?

The decline of the independent inventor
a Schumpterian story?
Naomi R. Lamoreaux, Kenneth L. Sokoloff.

Published 2005 by National Bureau of Economic Research in Cambridge, MA .
Written in English.

About the Book

"Joseph Schumpeter argued in Capitalism, Socialism and Democracy that the rise of large firms' investments in in-house R&D spelled the doom of the entrepreneurial innovator. We explore this idea by analyzing the career patterns of successive cohorts of highly productive inventors from the late nineteenth and early twentieth centuries. We find that over time highly productive inventors were increasingly likely to form long-term attachments with firms. In the Northeast, these attachments seem to have taken the form of employment positions within large firms, but in the Midwest inventors were more likely to become principals in firms bearing their names. Entrepreneurship, therefore, was by no means dead, but the increasing capital requirements—both financial and human—for effective invention and the need for inventors to establish a reputation before they could attract support made it more difficult for creative people to pursue careers as inventors. The relative numbers of highly productive inventors in the population correspondingly decreased, as did rates of patenting per capita"--National Bureau of Economic Research web site.

Edition Notes

Includes bibliographical references.
Title from PDF file as viewed on 10/14/2005.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.

Series
NBER working paper series ;, working paper 11654, Working paper series (National Bureau of Economic Research : Online) ;, working paper no. 11654.

Classifications

Library of Congress
HB1

The Physical Object

Format
Electronic resource

ID Numbers

Open Library
OL3479079M
LC Control Number
2005620010

History

Download catalog record: RDF / JSON
December 5, 2010 Edited by Open Library Bot Added subjects from MARC records.
December 10, 2009 Created by WorkBot add works page