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9780199639892: The Architecture of Innovation: The Economics of Creative Organizations

Synopsis

This book draws on important research in economics and reviews different approaches to innovation, combining this with a series of case examples to explore the challenges that face start up firms, large firms, and nations. It is essential reading for anybody faced with the challenge of innovation.

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About the Author

Josh Lerner is the Schiff Professor of Investment Banking at Harvard Business School and co-director of the Productivity, Innovation, and Entrepreneurship Program at the National Bureau of Economic Research. He is recognized worldwide as an expert on how innovation works. His books include The Venture Capital Cycle, The Money of Invention (with Paul Gompers), Innovation and Its Discontents (with Adam Jaffe), and Boulevard of Broken Dreams.

Review

Josh Lerner provides an authoritative analysis of the strengths and weaknesses of the American system.” The Financial Times

The Architecture of Innovation is a must read’ for R&D managers and CTOs whose mission is to innovate. Research-Technology Management

ADVANCE PRAISE for The Architecture of Innovation:

Paul Romer, Professor of Economics, New York University Stern School of Business; Founder, Aplia
In his latest book, Josh Lerner shows that by following a few basic principles, any organization can innovate more successfully. You couldn’t ask for a better guide to the solid knowledge about what works, or a better antidote to the misleading parts of conventional wisdom.”

Hal Varian, Chief Economist, Google
Which is a better model for innovation: corporate labs or venture-funded start-ups? Josh Lerner argues convincingly for a hybrid model that combines the best of both approaches. The Architecture of Innovation offers practical advice for those in both the public and private sectors who seek to stimulate innovation.”

Scott Anthony, Managing Director, Innosight Asia-Pacific; author, The Little Black Book of Innovation
An important contribution whose lucid and thorough analysis provides practical guidance for leaders trying to transform innovation intent into substantial and sustainable impact.”

Pontus Braunerhjelm, Chair, 2010 Global Award for Entrepreneurship
Josh Lerner is a superstar, a contemporary giant of entrepreneurship scholarship in the domain of VC-backed business venturing. His empirical research on the interrelationships between venture capital, innovation, and entrepreneurship has greatly extended and improved our understanding of one of the engines of modern economic growth.”

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ISBN 10: 0199639892 ISBN 13: 9780199639892
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ISBN 10: 0199639892 ISBN 13: 9780199639892
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Condition: Good. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. In good all round condition. Dust jacket in good condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,550grams, ISBN:9780199639892. Seller Inventory # 9887812

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Published by Oxford University Press, 2012
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Hardcover. Condition: new. Hardcover. The developed world is struggling with unsustainable promises and unappealing choices, and sustained economic growth represents one of the few ways out. And over the centuries, growth in advanced economies has been strongly linked to innovation. Despite the vast amounts written about innovation over the years, understanding of its drivers remains surprisingly limited. This book, by top Harvard Business School professor Josh Lerner, seeks toremedy this shortfall. It highlights that while organizational economists have made strides in understanding what combinations of incentives and organization structure can encourage innovativebreakthroughs, many of these insights have not yet received the attention they deserve in the real world, or been developed in ways that can easily be applied in real situations. The author focuses on two models for encouraging innovation, the corporate research laboratory and the start-up. Each model, while proven and successful, also faces significant challenges and ambiguities. A central argument is that there remains considerable potential for hybrids between these twoapproaches.This book draws on important research in economics and reviews different approaches to innovation, combining this with a series of case examples to explore the challenges that face start upfirms, large firms, and nations. It is essential reading for anybody faced with the challenge of innovation. Josh Lerner, leading Harvard Business School professor, explores what lies behind successful innovation, and what managers and companies can learn from successful and unsuccessful cases. He combines both analysis of in-house innovation in corporate research labs, with more finance based venture capital investment in innovation. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780199639892

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