Measuring and Accounting for Innovation in the Twenty-First Century

Carol Corrado is senior advisor and research director in economics at the Conference Board and a senior policy scholar at the Center for Business and Public Policy at Georgetown University’s McDonough School of Business. Javier Miranda is a principal economist at the United States Census Bureau. Jonathan Haskel is professor of economics and director of the doctoral program at Imperial College London’s Imperial College Business School. Daniel Sichel is professor of economics at Wellesley College and a research associate of the National Bureau of Economic Research.

• Prefatory NoteIntroductionCarol Corrado, Jonathan Haskel, Javier Miranda, and Daniel Sichel  I. Expanding Current Measurement Frameworks1. Expanded GDP for Welfare Measurement in the Twenty-First CenturyCharles Hulten and Leonard I. Nakamura2. Measuring the Impact of Household Innovation Using Administrative DataJavier Miranda and Nikolas Zolas3. Innovation, Productivity Dispersion, and Productivity GrowthLucia Foster, Cheryl Grim, John C. Haltiwanger, and Zoltan Wolf  II. New Approaches and Data4. How Innovative Are Innovations? A Multidimensional, Survey-Based ApproachWesley M. Cohen, You-Na Lee, and John P. Walsh5. An Anatomy of US Firms Seeking Trademark RegistrationEmin M. Dinlersoz, Nathan Goldschlag, Amanda Myers, and Nikolas Zolas6. Research Experience as Human Capital in New Business OutcomesNathan Goldschlag, Ron Jarmin, Julia Lane, and Nikolas Zolas  III. Changing Structure of the Economy7. Measuring the Gig Economy: Current Knowledge and Open IssuesKatharine G. Abraham, John C. Haltiwanger, Kristin Sandusky, and James R. Spletzer8. Information and Communications Technology, R&D, and Organizational Innovation: Exploring Complementarities in Investment and ProductionPierre Mohnen, Michael Polder, and George van Leeuwen9. Digital Innovation and the Distribution of IncomeDominique Guellec  IV. Improving Current Measurement Frameworks10. Factor Incomes in Global Value Chains: The Role of IntangiblesWen Chen, Bart Los, and Marcel P. Timmer11. Measuring Moore’s Law: Evidence from Price, Cost, and Quality IndexesKenneth Flamm12. Accounting for Innovations in Consumer Digital Services: IT Still MattersDavid Byrne and Carol Corrado13. The Rise of Cloud Computing: Minding Your Ps, Qs, and KsDavid Byrne, Carol Corrado, and Daniel Sichel14. BEA Deflators for Information and Communications Technology Goods and Services: Historical Analysis and Future PlansErich H. Strassner and David B. Wasshausen  ContributorsAuthor IndexSubject Index

"For those of us interested in the need to measure better—which means understanding better—the increasingly intangible economy, this is a really interesting book. It covers the waterfront from conceptual frameworks down to nitty gritty measurement questions."