See attached order form for a Special 20% Discount for Council on Foreign Relations Members

Technological Innovation and Economic Performance

Edited by Benn Steil, David G. Victor, and Richard R. Nelson
Information technology accounts for more than one-third of
recent U.S. GDP growth and nearly two-thirds of corporate
capital investment. The New Economy appears omnipresent,
but little is actually known about the sources of technological
innovation and its impact on economic performance.
This seminal volume brings together the research and critical
thinking of many of the worlds top macro and micro
economists to provide a unique, multifaceted perspective.
Through the use of detailed, up-to-date country and industry
studies, this book provides the most authoritative and detailed
analysis ever assembled into the causes of technological
innovation and its relationship to economic performance. The
country studies cover the United States, Japan, Germany,
France, the United Kingdom, and the Nordic states. Nine
industry studies examine the Internet, computers and
semiconductors, banking, securities trading, venture capital,
electric power, agricultural biotechnology, pharmaceutical biotechnology, and automobiles.
Commissioned and brought together for the research project by the world-renowned Council on
Foreign Relations, the authors have produced one of the most important compendia in applied
economics to be published in recent times.
The contributors are Charles W. Calomiris, Ian Domowitz, Robert E. Evenson, Charles H. Fine,
Robert J. Gordon, Richard N. Langlois, Josh Lerner, Markku Malkamki, Patrick A. Messerlin,
Joel Mokyr, David C. Mowery, Richard R. Nelson, Stephen Nickell, Gary P. Pisano, Adam S.
Posen, Daniel M.G. Raff, Horst Siebert, Timothy Simcoe, Benn Steil, Michael Stolpe, John Van
Reenen, David G. Victor, and Matti Virn.
Benn Steil is Andr Meyer Senior Fellow in International Economics at the Council on Foreign
Relations. David G. Victor is Director of the Program on Energy and Sustainable Development at
Stanford University and Senior Fellow at the Council on Foreign Relations. Richard R. Nelson is
George Blumenthal Professor of International and Public Affairs, Business and Law at Columbia
University.
A Council on Foreign Relations Book | Princeton University Press
http://pup.princeton.edu
0-691-09091-2 Paper $35.00
0-691-08874-8 Cloth $75.00
488 pages. 7 x 10

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