Institutional Affiliation: New York University
Information about this author at RePEc
NBER Working Papers and Publications
|September 2007||The Superstar Inventors and Entrepreneurs: How Were They Educated?|
with Melissa A. Schilling, Edward N. Wolff
in Entrepreneurship: Strategy and Structure, Thomas Hellman and Scott Stern, editors
|January 2005||Education for Innovation: Entrepreneurial Breakthroughs Versus Corporate Incremental Improvements|
in Innovation Policy and the Economy, Volume 5, Adam B. Jaffe, Josh Lerner and Scott Stern, editors
|June 2004||Education for Innovation: Entrepreneurial Breakthroughs vs. Corporate Incremental Improvements|
This paper explores the following hypotheses on the appropriate education for innovating entrepreneurship: a) breakthrough inventions are contributed disproportionately by independent inventors and entrepreneurs, while large firms focus on cumulative, incremental (and often invaluable) improvements; b) education for mastery of scientific knowledge and methods is enormously valuable for innovation and growth, but can impede heterodox thinking and imagination; c) large-firm R&D requires personnel who are highly educated in extant information and analytic methods, while successful independent entrepreneurs and inventors often lack such preparation; d) while procedures for teaching current knowledge and methods in science and engineering are effective, we know little about training for the cri...
- William J. Baumol, 2005. "Education for Innovation: Entrepreneurial Breakthroughs Versus Corporate Incremental Improvements," NBER Chapters, in: Innovation Policy and the Economy, Volume 5, pages 33-56 National Bureau of Economic Research, Inc.
- William J. Baumol, 2005. "Education for Innovation: Entrepreneurial Breakthroughs versus Corporate Incremental Improvements," Innovation Policy and the Economy, vol 5, pages 33-56.
|1975||The Instruments for Environmental Policy|
with Wallace Oates
in Economic Analysis of Environmental Problems, Edwin S. Mills, editor